SM’s rookie group that debuted just over a year ago but has achieved much much more money than many of their seniors
Up to now, aespa has debuted for more than a year and the group has quickly gained a solid position in the K-pop field.
Despite many controversies, the popularity of aespa has skyrocketed in the past year. The girl group rose to become a rookie with huge earnings that are much higher than those of their seniors.
Recently, netizens were surprised by the news that member Giselle has used an anonymous account to donate 10 million won to an organization that helps abandoned animals and received many compliments from netizens. Giselle’s actions also somewhat eased the public’s anger towards aespa due to their recent lip-syncing controversy.
Giselle has amassed a huge fortune and is not afraid to donate it to charity. Besides Giselle’s wealthy family, the fact that she donates a large amount of money also proves that aespa has “made a fortune” after more than 1 year of operation. Since then, many people have paid attention to aespa’s income, as well as SM’s treatment to their artist.
It is known that at SM, idols are only entitled to 5% of income from their album sales, 70% from foreign promotions, and 40% from event attendance. Thus, the income of aespa must be enormous so that the members can accumulate such “huge” private property. Giselle’s donation of 10 million won, which is not a small amount, to charity is also something few rookies can do.
Not long ago, the cost to have aepsa in the artist line-up for university festivals is also the talk of the town. The price to invite aespa to perform is 50 million won. Meanwhile, Red Velvet and AKMU only received more than 40 million won for 1 show night. In addition, people were even more surprised when a famous global star like PSY only received an amount of about 15 million won.
Ignoring the bad controversies surrounding aespa, the girls’ properties make many people admire. However, the fact that the group has a higher salary than Red Velvet or PSY makes people confused.
At the end of 2021, Korean media reported that aespa’s YouTube channel ranked 9th in the top 10 most powerful YouTube channels of the year. In particular, aespa is the only Gen 4 girl group to achieve this achievement. According to Forbes Korea, this channel helped aespa earn 1.24 million USD.
Aespa also has other sources of income from music or advertising contracts for famous brands such as Eider, Mediheal, CLIO. Netizens believe that aespa is SM Entertainment’s “golden goose”.
The huge income of the rookie group makes many people admire. Besides, netizens are also interested in SM’s reasonable profit distribution to the artists. Currently, aespa is preparing for a comeback, promising to be an extremely successful Gen 4 girl group in 2022.