Blackpink vs Twice: Which Girl Group is Richer?

When it comes to K-pop girl groups, a common question that arises is whether the fan favorite Blackpink or the rising star Twice is richer. Both groups have achieved significant success and fame, but who truly holds the upper hand in terms of net worth? Let's dive into a detailed analysis.

The Net Worth of Blackpink and Twice

According to recent figures, Blackpink's net worth is estimated at $24 million per year. In contrast, Twice's net worth is significantly lower, with each member earning approximately $1.51 million per year. However, it's essential to consider the context of their earnings as a group versus individually.

Blackpink's Earnings

Blackpink, a group consisting of four members, has a more substantial income due to their global presence and multiple sources of revenue. Their earnings are not just from album sales and concerts but also from brand endorsements, magazine collaborations, acting roles, and solo promotions. This diverse revenue stream contributes to the group's impressive net worth of $24 million per year.

Twice's Earnings

Twice, on the other hand, has nine members, and their individual earnings are lower compared to Blackpink. However, as a group, Twice has shown significant financial success. The group's total earnings in Japan alone in 2020 amounted to an impressive $3.97 billion. Additionally, they have brought in an estimated $1.5 billion in Korea, making their total earnings nearly $5.5 billion.

Group vs Individual Earnings

It's important to note that when considering the net worth of the groups as a whole, Twice is considerably richer. Individually, Blackpink's members earn more due to their significant solo activities and numerous brand endorsements. However, as a group, Twice has shown more substantial financial performance.

Japanese and Korean Earnings

Twice's significant earnings in Japan and Korea highlight their commercial success. As of 2020, Twice brought in a total of $3.97 billion to JYP Entertainment in Japan alone. Combined with their earnings in Korea, it's clear that the group has substantial financial backing from their record label. In comparison, JYP Entertainment earned a total of $4 billion in 2020, with a significant portion coming from Twice's success.

K-pop Industry Changes

The success of Twice in the K-pop industry has also led to changes in the perception of entertainment companies like SM and YG Entertainment. These once-considered "blue-chip" companies have seen a decline in terms of sales, profit, and income. The earnings of SM and YG are now closer to those of mid-level entertainment companies, indicating a shift in the K-pop market.

Rankings

According to a November 2020 article, based on year-end sales, Twice ranks second in net worth among K-pop groups after BTS. Blackpink ranks third, which further emphasizes the financial success of Twice as a group.

Final Verdict

While Blackpink's individual members earn more due to their extensive solo activities and diverse revenue streams, Twice is richer as a group. This is evident from their group earnings and the significant financial backing they receive from their record label, especially in Japan and Korea.

In conclusion, when considering the financial success of the groups as a whole, Twice stands out as a more profitable entity compared to Blackpink. However, individual members of both groups continue to thrive and achieve financial success through their solo activities.

Keywords: Blackpink, Twice, Net Worth, K-pop Groups