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Psy's 'Gangnam Style' income estimated to be around $10 million USD

By    Monday, August 27, 2012   81,260   0   0

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Psy, who is currently on a daebak roll with the worldwide popularity of 'Gangnam Style', is raising the bar on his income with several new CF deals!

Officials estimate that the income received from his 'Gangnam Style' promotions alone could amount to about $10 million USD. The income received per CF endorsement is said to be in the $400,000 USD range, and he's currently in the process of signing about 10 of them!

Not only that, but he also has a considerable income flow from his actual music sales, recording at $360,000 USD in downloads, $360,000 USD in album sales, and $42,000 USD in streams.

His 'Summer Stand' concert which was held on August 11th brought in an additional $3 million USD.

All of this combined with his attendance at events, international sales, and copyright compensation brings his grand total to well over $10 million USD.

Netizens joked that Psy could now actually buy property in Gangnam with the money he has made from 'Gangnam Style'!

Source & Photos: Busan Ilbo via Naver

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