Psy Career and Net Worth

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Psy Career and Net Worth

Psy Career and Net Worth, How much money did Psy make off Gangnam Style? are a few high points about the sensational Gangnam Style hit maker.

Psy is a South Korean rapper. He has a net worth of about $60 million as of this writing. He made an almost instant transition to fame courtesy his catchy hit single “Gangnam” style as well as YouTube popularity for the music video. He is known to people outside South Korea as Psy, appeared unto the scene virtually from nowhere. His hugely famous “Gangnam Style” took the world by storm and remains one of the most watched videos on YouTube.

Psy Early Life
Psy was born a Park Jae-Sang on December 31, 1977. He was born to a wealthy family in the Gangnam District of Seoul, South Korea. He was born to Park Won-Ho (father, chairman DI Corporation) and Kim Young-Hee (mother, restaurateur). Psy went to Sehwa High School and was known as the class clown. He did not enjoy school. Psy’s love for music was spurred by the band Queen especially “Bohemian Rhapsody”. Psy had nurtured the dream of attending Boston University but lost all interest in his business administration studies when he finally got to the US and started classes. He basically bank rolled his career in music growing up. He used leftover tuition money to acquire musical instruments and equipment. Psy swapped a career in business administration for music when he dropped out of BU and enrolled at Berklee College of Music. He returned to South Korea to pursue a career in music.

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Psy Early Career
In January 2001, he released his first album “PSY……From the Psycho World”. The content of his music was deemed by the South Korean government as inappropriate and he was fined. His second album also stoked controversy over similar concerns. Psy’s third album released in 2003 witnessed breakthrough. He entered the South Korean military as part of a mandatory service imposed on South Korean men aged between 18 to 35. Psy was excused from the military service in 2005 as he was working at a software development company. Psy released his fourth album in 2006. The album won laurels at the 2006 SBS Music Awards. Psy was accused by state prosecutors for neglecting his work in pursuit a career in music. The decision to redraft him was made by the court. Psy remained in service until July 2009. In 2010, he joined YG Entertainment and released his fifth album. The lead single on the album was banned for audiences under the age of 19. This was the time when he had topped the domestic music charts for a number of times but remained short of reaching international audiences.

Psy Gangnam Style
The release of his sixth album “Psy 6 (Six Rules), part 1 seemed to have had the magic wand. The song made it into mainstream music scenes around the world- the film went “hyper” viral. The song officially charted at No. 1 on the iTunes sales chart and was the most liked and viewed video in the history of YouTube. Courtesy the success of Gangnam Style, Psy has appeared on The Today Show, The Ellen Degeneres Show and a lot more. On November 24, 2012, Gangnam Style became the most-watched video in the annals of YouTube history. The song received plaudits by people across the globe, including political leaders like President Barack Obama and British Prime Minister David Cameron at the time. Till today, the YouTube video has in excess of 3.5 billion views. How much money did Psy make off Gangnam Style? Well, he made about $7.9 million.

Psy Life After Gangnam Style
Psy held a speech in English in November 2012 at the Oxford Union. He discussed the inspiration behind the song. Psy stated that life after Gangnam style is both a dream and a nightmare- he knew it would be impossible for his next song to to rival the success of Gangnam style. Psy became only the second South Korean music artist to appear at the MTV Europe Music Awards. Riding on the back of the success chalked by Gangnam Style, he signed on with Justin Bieber’s manager Scott Braun and his Schoolboy Records.

Psy Personal Life
Psy got married to Yoo Hye Yeon in October 2006. The couple have twin daughters. He was arrested in the latter part of 2001 for possession of marijuana and was fined and sentenced to 25 days in jail. Psy was unable to be at his grandfather’s funeral nor even say his last goodbyes to him.