Kim Nam-joon, better known by his stage name RM, is a South Korean rapper, songwriter, and producer with a net worth of $50 million. Best known as the leader of the global sensation BTS, RM has played a pivotal role in the group’s success, contributing both as a performer and a lyricist. His wealth comes from various sources, including album sales, global tours, brand endorsements, and personal projects.
RM Net Worth | $50 Million |
Date of Birth | September 12, 1994 |
Place of Birth | Seoul’s Dongjak District |
Nationality | South Korean |
Profession | Rapper |
Early Life
Born on September 12, 1994, in Seoul’s Dongjak District, RM spent most of his childhood in Ilsan, Goyang. His early interest in literature earned him awards in poetry competitions. He learned English by watching the American sitcom Friends and later excelled academically, scoring in the top 1% of South Korean university entrance exams in math, foreign languages, and social studies. His IQ of 148 further highlights his intellectual prowess. RM earned a degree in Broadcasting and Entertainment from Global Cyber University and later pursued an MBA in Advertising and Media at Hanyang Cyber University.
RM BTS Earnings
BTS, also known as the Bangtan Boys, has dominated the music industry since its debut in 2013. The group has released multiple chart-topping albums, including Dark & Wild (2014), Wings (2016), Love Yourself: Tear (2018), Map of the Soul: 7 (2020), and Be (2020). They have also produced Japanese-language albums such as Wake Up (2014) and Map of the Soul: 7 – The Journey (2020).
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BTS’s influence extends beyond their music. In 2019 alone, the group generated $170 million from touring, making them the second-highest-earning band globally, only behind Metallica. Between June 2019 and June 2020, the seven members collectively earned $50 million, with each member taking home approximately $7 million.
Big Hit IPO Windfall
A major boost to RM’s net worth came from the public listing of BTS’s management company, Big Hit Entertainment (now HYBE Corporation). In September 2020, Big Hit went public on the South Korean stock exchange, achieving a market valuation of $4.1 billion by the end of its first trading day. Prior to the IPO, founder Bang Si-Hyuk gifted each BTS member 68,385 shares. On the IPO’s first day, RM’s stake was worth around $7.9 million. By mid-2023, assuming he retained his shares, their value had risen to approximately $15 million.
RM’s Solo Career
Beyond BTS, RM has built a successful solo career. His mixtapes RM (2015) and Mono (2018) showcased his artistry, with Mono peaking at #2 on Billboard’s World Albums chart. In December 2022, he released his first solo studio album, Indigo, which topped the Billboard World Albums chart and reached #3 on the Billboard 200. Indigo was critically acclaimed, ranking #1 on Billboard’s “25 Best K-pop Albums of 2022” and #3 on Rolling Stone’s “15 Best Korean Hip-Hop and R&B Albums of 2022.”
RM has also collaborated with renowned artists like Wale (Change), Warren G (P.D.D), and Balming Tiger (Sexy Nukim), the latter winning the Korean Hip-Hop Awards for Collaboration of the Year and Music Video of the Year in 2023.
Personal Life
RM is known for his generosity and dedication to the arts. On his 25th birthday, he donated ₩100 million to the Seoul Samsun School to support students with hearing impairments. He has also contributed ₩100 million to the National Museum of Modern and Contemporary Art and has supported projects preserving Korean cultural artifacts abroad.
In 2018, RM underwent surgery for a deviated septum, temporarily stepping away from BTS activities for recovery. Despite his busy career, he remains deeply involved in humanitarian and artistic initiatives.
Real Estate Investments
RM has invested in high-end real estate. In March 2021, he purchased a luxury apartment in Seoul’s Nine One Hannam, often called the “Beverly Hills of Korea,” for $5.7 million. He previously owned a property in Seoul’s Yongsan District, which he bought for ₩4.9 billion and later sold for ₩5.8 billion.
RM Net Worth
RM net worth is $50 million.