K-Pop has grown into an industry worth more than KRW 6.90 billion (about $5.14 billion).
That said, it’s no surprise that many K-Pop artists can afford a life of ultimate luxury. Korean idols and celebrities often make headlines for their luxury real estate purchases and the latest supercars.
Singer user interface is no exception. One of the most successful K-Pop artists in the history of the industry, her real estate portfolio has been revealed and many fans are in awe of her wealth.
August 31 episode reportit is TMI NEWS revealed the celebrities with the most expensive “second home” in their real estate portfolio, with the singer taking second place on the list.
According to the show, the singer’s Eternal Cheongdam home in the glitzy Cheongdam district of Gangnam is worth 13 billion KRW (about $9.69 million). Moreover, IU would have bought the property in cash.
The singer owns a property in Gyeonggi-do which she uses as a studio, which was found to be worth KRW 4.60 billion (about $3.43 million). The singer first came under fire for buying the property when netizens alleged that the singer bought the property due to speculation that it would become more valuable. However, that all changed when it was revealed that IU bought the studio for struggling artists and singers in the area who needed a place to record.
It was also revealed in the episode that the idol owns a vacation home in Yangpyeon District of Gyeonggi-do Province, worth KRW 2.20 billion (about $1.64 million). ). The vacation home was reportedly purchased for her family members and she spent an additional KRW 800 million (approximately US$596,000) to purchase land surrounding the property.
IU is one of the penultimate K-Pop singers. The idol, who debuted in 2007, has since sold over 120 million paid digital downloads and over 1 million albums, unheard of for a solo singer. Not only does the idol spend her money on amazing real estate, but she is also one of the most well-known charitable donors in Korea. according to a hankyung article in 2021, the idol is said to have donated more than KRW 5.50 billion (about US$4.10 million) to charity during his career.