PSY Set To Rake In $7.9 Million This Year

PSY Set To Rake In $7.9 Million This Year
Entertainment
Like Us On Facebook
Like Us On Facebook

34-year-old Park Jae-sang, better known as PSY, is set to make $7.9 million this year thanks to his song “Gangnam Style”. The Asian pop star’s hit is only a few clicks away from hitting 1 billion views on YouTube.

How is he making so much money from just one song? From YouTube ads and iTunes downloads, as well as from TV commercials. This shouldn’t come as a surprise- this is the direction that the music industry is now headed.

The artist has gotten tons of global recognition. His song is played on radio stations all over the world and his signature galloping-dance has become a party favorite.

However, he received very little support from his home-country South Korea. South Korea only attributed $60,000 towards his $7.9 million fortune.

Paul Hudson | Elite. 

Photo Credit: Al Bello/Getty Images

Share Tweet
React
Like Us On Facebook
Like Us On Facebook

Paul Hudson

A young writer, philosopher, and entrepreneur, Paul Hudson (@MrPaulHudson) has been writing for Elite Daily nearly since the start. Currently located in Manhattan, Paul Hudson primarily devotes his time between writing for Elite Daily and a mining startup in Turkey. He loves sharing his life experiences with his readers and makes sure to practice what he preaches.

More In Entertainment

Film Adam Pliskin

J.K. Rowling Will Release A New ‘Harry Potter’ Story On Halloween

Halloween is a week away, and J.K. Rowling is gearing up for the occasion by saying she will release a new short story set in the “Harry Potter” universe on October 31. The story will follow former Hogwarts headmistress Dolores Umbridge, the uppity woman who tormented Harry during his fifth year at Hogwarts. The yarn will […]

Also On Elite

World

Really? CNN Does The Inevitable And Compares Ebola To ISIS

It’s beginning to seem like newscasters at CNN simply write the day’s buzzwords on scraps of paper, throw them all in a punch bowl and draw out a random combination to discuss on the air that evening. During last night’s newscast, CNN’s news crawler read, Ebola: ‘The ISIS of Biological Agents?’ CNN’s Ashleigh Banfield proceeded to […]

LOL Lists

13 Excuses You Should Be Allowed To Use To Get Out Of Going Out (Photos)

Humans are social creatures by nature, which is great for when you want to do something but absolutely abysmal when the last person you feel like dealing with is everyone in the world. Everyone has those times when they need to get out of something they’ve already committed to, but unless you spent the previous […]

World

Ukrainians Are Throwing Politicians In Trash Cans For The #TrashBucket Challenge

Ukraine has its own “bucket challenge,” but in this game, the tables have turned. Ukrainians aren’t dumping buckets of ice water on their heads; they’re tossing unpopular politicians into dirty trash cans. The trend first went public last month when Vitaly Zhuravsky, who authored a bill to make protesting punishable by jail time, was thrown […]

Humor

It’s Not Safe To Misunderstand Texts From Your Friends (Video)

Texting is the perfect way to communicate with someone you don’t actually feel like talking to, and while there are a number of advantages to unspoken communication, there are also a lot of opportunities for things to get lost in translation. Texting hasn’t reached a point when there are signs to denote bitter sarcasm and […]

World

GoPro Stock Plummets From News Helmet-Mounted Camera May Be Dangerous

GoPro stock took a dramatic price drop after word was released that Formula 1 driver Michael Schumacher’s helmet camera probably contributed to the severity of his brain trauma after his December 2013 accident. Now, GoPro has taken a public relations hit for its unsafe mounting gear. To date, shares in the company have dropped by […]

World

Mom Arrested After 4-Year-Old Daughter Passes Out 249 Bags Of Heroin At Daycare

A Delaware mother-of-three was arrested on Monday after her 4-year-old daughter was seen handing out bags of heroin at daycare. According to WBOC, police say the young girl’s original backpack was torn up by a family pet the night before and was replaced with another that contained 249 bags, or 3.7 grams, of heroin. The […]