Celebrity

IU – An Exemplar of Wealth and Philanthropy

Singer and actress IU donated 200 million won to vulnerable groups from the beginning of the new year, bringing her total cumulative donations to approximately 5 billion won. IU has been consistently spreading warmth through her steady good deeds and contributions. Additionally, attention is once again drawn to her wealth.

According to the music industry on the 5th, IU recently donated 200 million won for the heating expenses of the vulnerable groups. Her agency, EDAM Entertainment, announced, “On December 31st, under the name ‘IUANA’ (a combination of IU and the fan club Uaena), IU donated 200 million won for heating expenses to four organizations: the Korea National Council on Social Welfare, the Korea Child Welfare Association, the Korea Unwed Mothers’ Association, and the Korea Association of Welfare Facilities for the Disabled, aiming to help the vulnerable groups have a warmer winter amidst the severe cold.”

iu

On December 29th, she also donated 10 million won for income-vulnerable groups. In the past year alone, IU contributed to fundraising for love coal for low-income vulnerable groups in Yangpyeong, Gyeonggi Province. She also made talent donations to Milal School following her donation to the Green Umbrella Children’s Foundation, a child welfare specialized institution, on Children’s Day in May last year.

IU’s philanthropy has been made possible through her steady savings and healthy wealth accumulation through investments. In fact, her ethical wealth accumulation process earned her the Presidential Commendation at the 8th Financial Day commemoration ceremony, acknowledging her financial prudence.

Industry insiders estimate that IU’s wealth exceeds 50 billion won. In 2021, Hong Kong media South China Morning Post (SCMP) selected IU as the K-pop female artist with the highest wealth. The estimated value of her wealth, as speculated by the media, is 52.7 billion won. This amount is nearly 9 billion won more than the second place, Lee Hyori (46 billion won). Following them are Sandara Park (35.1 billion won), BoA (29.2 billion won), and Suzy (29.2 billion won).

iu

Her real estate holdings are also substantial. In December of the previous year, IU acquired a luxury villa in Cheongdam-dong, Gangnam-gu, Seoul, for 13 billion won and owns a studio in Gwacheon, Gyeonggi Province, purchased for 4.6 billion won. Particularly noteworthy is that she paid the full villa price in cash without any loans, gaining attention.

In addition, she owns real estate in Yangpyeong-gun. She purchased a two-story rural house with a total floor area of 170 square meters for 2.2 billion won. IU is also reported to have spent 800 million won to acquire additional surrounding land.

IU’s kind heart serves as an exemplary model. Having immense popularity and a wealth of billions, maintaining a caring attitude is not easy. IU, as a representative solo female artist in the country, is proving her value through intelligent means that match her reputation.

Back to top button