As he recently finished worldwide concert tours in Asia, Europe, North and South America, Kim Jaejoong from JYJ (26), an idol who spread Hallyu to countries on the other side of the Earth such as Chile and Peru, can be considered a pro in financial management. From investment in real estate to restaurants, he employs various techniques to manage his money. Jaejoong also hired personal finance expert to provide professional opinion towards his financial management.
Kim Jaejoong has proven his financial management skills with distinction, especially in the Seoul real estate business circle, to the extent that he has gained the unofficial title of “the rising real estate plutocrat”. Jaejoong recently purchased a luxury villa in Seoul Samseong-dong, after he heard that the subway stations near this villa will be activated soon and gave it some thought.
Currently, the market value of the villa that Jaejoong purchased has increased to 3 trillion won (equivalent to 2.65 million dollars). In addition, Jaejoong invested heavily in a Japanese restaurant in Seoul Cheongdam-dong, from which he receives dividend.
His fellow JYJ member Park Yoochun, after hearing from Jaejoong, also invested the same amount in this Japanese restaurant. JYJ’s oversea profit as well as compensation Jaejoong receives from commercials and drama are already substantial numbers to begin with, therefore Jaejoong hired personal asset managers to help him better manage his income.
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