Many people are curious about the wealth of the SM Entertainment boss. Fans of K-Pop or Korean dramas must be familiar with this biggest agency in South Korea.
SM Entertainment is home to top K-pop artists such as BoA, S.E.S., TVXQ, TRAX, The Grace, Super Junior, Girls' Generation, SHINee, f(x), EXO, Red Velvet, NCT, and former pioneering group H.O.T, Fly to the Sky, and Shinhwa. The label that brought up the Super Junior name was founded by Lee Soo Man in 1995.
As the owner of one of the largest artist agencies in South Korea, of course, the amount of Lee Soo Man's wealth is very abundant. So how much wealth is the boss of SM Entertainment?
SM Entertainment Boss Wealth
Quoted from various sources, Wednesday (10/8/2022), the wealth of the big boss of SM Entertainment apparently reached 200.1 billion Korean won or equivalent to Rp. 2.21 trillion in 2013. This makes Lee Soo Man one of the richest people in South Korea. . Of course, the amount of wealth will continue to grow, considering that the idols still exist today.
Lee Soo Man is indeed smart and persistent in his career. The brilliant idea of establishing this business actually started when he studied computer engineering and took his master's degree at California State University, Northridge, United States. There, he witnessed the rise of the stars of the MTV generation, such as the incredible Michael Jackson.
Inspired by the development of MTV in the United States, Lee is determined to focus on forming the foundation of the South Korean pop music industry. He returned to Korea in 1985 with the vision of developing the Korean music industry. In 1989, he founded an entertainment company called 'SM Studio' after his initials and signed a contract with a singer named Hyun Jin-young.
During the 1990s, SM Studio established an 'in house' system that took care of all aspects of the artist's career. Until finally, the name SM Studio changed to SM Entertainment in 1995. Unexpectedly, in the next 20 years, the company became one of the biggest entertainment groups in Asia, sparking the global K-Pop craze.
Until now, SM Entertainment is still producing stage musicals and television shows. So, you can imagine how rich Lee Soo Man is! /celebrities.id
