They’ve sold out stadium world tours, and have been named as among the most influential people in the world by Time Magazine.

Now, K-pop boy group BTS is also the world’s highest paid boy band and K-pop act.

The seven-member group emerged in 43rd place in Forbes’ 2019 ranking of the world’s highest paid celebrities.

According to Forbes, BTS took home an estimated total of US$57 million (S$77 million) in pre-tax income over the past year.

The list, released on Wednesday (July 10) was topped by Taylor Swift, who earned US$185; Kylie Jenner, who was paid US$170; and Kanye West with US$150 in earnings.

How BTS raked in S$77 million in one year

A significant portion of BTS’ massive earnings came from their hugely successful “Love Yourself World Tour”, Forbes said in an article.

The tour – which included cities in North America, Europe and Asia – took place from August 2018 until April this year. According to Billboard, the group sold nearly 300,000 tickets during their first six shows in the US, grossing about US$44 million.

In May, the group, whose members have an average age of 24, embarked on an extension tour called “Love Yourself: Speak Yourself”, which was sold out in Chicago, New Jersey and Los Angeles, Forbes said.

They’ve sold out stadium world tours, and have been named as among the most influential people in the world by Time Magazine.Now, K-pop boy group BTS is also the world’s highest paid boy band and K-pop act.

The seven-member group emerged in 43rd place in Forbes’ 2019 ranking of the world’s highest paid celebrities. According to Forbes, BTS took home an estimated total of US$57 million (S$77 million) in pre-tax income over the past year.

The list, released on Wednesday (July 10) was topped by Taylor Swift, who earned US$185; Kylie Jenner, who was paid US$170; and Kanye West with US$150 in earnings.

How BTS raked in S$77 million in one year

A significant portion of BTS’ massive earnings came from their hugely successful “Love Yourself World Tour”, Forbes said in an article.

The tour – which included cities in North America, Europe and Asia – took place from August 2018 until April this year. According to Billboard, the group sold nearly 300,000 tickets during their first six shows in the US, grossing about US$44 million.

In May, the group, whose members have an average age of 24, embarked on an extension tour called “Love Yourself: Speak Yourself”, which was sold out in Chicago, New Jersey and Los Angeles, Forbes said.

Additionally, Forbes reported that the group’s first concert film released in November last year – “Burn The Stage: The Movie” – tallied US$18.5 million globally.

And as of January, the group’s second movie “BTS World Tour: Love Yourself in Seoul” has clocked around US$11.7 million in cinemas worldwide, excluding Korea.

According to Forbes, music sales and endorsement deals with brands such as Hyundai and Coca-Cola added to BTS’ earnings.

Other Asians on the list include Bollywood’s Akshay Kumar, who came in at 33rd place with US$65 million, and Jackie Chan, who came in 38th with US$58 million.

According to Forbes, Kumar “pulls in at least US$5 million and up to US$10 million per film”, and has endorsement deals with over 20 brands worth millions.

Meanwhile, Chan, who is from Hong Kong, “earns extra from a vast array of endorsements, producer credits and even his own line of movie theaters”, Forbes said.

Written by Rachel Tay of Business Inside Singapore.