Singer and producer�J.Y. Park has been revealed to have earned the most royalties from music last year.

According to a statement released by the Korea Music Copyright Association (KOMCA), J.Y. Park raised his income by over 1.37 billion Won (~$1,240,000 USD) just last year.

He beat out composer Jo Young Soo, who has ranked first for most royalties earned for the past 4 years. J.Y. Park has usually ranked high on the list, but this is the first time he's reached the top.

Though specific details concerning his copyright revenues have not been released, J.Y. Park is known to compose his own songs as well as the songs of artists under his label, JYP Entertainment.