In most people's impressions, in addition to top musicians like Kwon Ji-lung, other serious music people don't seem to have much money, after all, making music really burns money.
Take the big man kim Chang-wan in the music industry, he once formed the legendary band of the Korean rock music scene with two brothers, but because he did not make any money, he could only be forced to disband, and the three brothers have gone their separate ways since then.
Kim Chang ends
However, this year, there is a rich man in the Korean entertainment circle who is quite hidden, and he is Liu Xilie.
Born in 1971, Yoo Graduated from Seoul National University with a Bachelor of Composition, Yoo Entered the Music Scene at the age of 22 through the 4th "Yoo Jae-summer Music Competition".
In the nearly 30 years since his debut, Liu Xilie has shown extraordinary musical talent, combining powerful singers, composers, pianists, music producers, and music company representatives.
Liu Xilie
In the past few months, Liu Xilie has made continuous moves, and even the tens of billions of dollars that have been hidden for many years have been exposed.
In mid-July, Yoo Hee-yeol signed "National MC" Liu Jae-seok, and according to Korean media, the signing fee was estimated to be between 10 billion and 20 billion won.
How can it not be surprising to know that Liu Jae-seok is one of the most influential artists in South Korea, and there are countless companies that want to sign with him, but in the end they spend the antenna music founded by Yoo Hee-yeol?
Liu Xilie signed Liu Zaishi
A few days after signing Liu Zaishi, Liu Xilie spent another 10 billion won to buy a new building, which once again triggered a hot discussion on the Korean network.
It is reported that Liu Xilie bought the building in order to let the artists of antenna music have a more comfortable and convenient working environment, as well as to provide a better and larger practice room for newcomers.
In addition, according to TMI NEWS, Yoo Hee-yeol holds a luxury villa worth up to 6.2 billion won.
Liu Xilie's mansion is located in Cheongdam-dong, not only overseas brand stores abound, but also a gathering place for well-known schools, also known as the royal villa. Not only that, but there are also gyms, indoor golf courses, separate warehouses, private cinemas and other infrastructure in the community.
Liu Xilie Mansion
Liu Xilie is so generous, so how did he earn his money?
1. Copyright income
Yoo Hee-yeol is a veritable copyright rich man who owns hit songs such as "Morning Deal", "I Stayed with You Briefly", "Reborn", "Still Beautiful", "Good Man", "Fiery Greetings", "Three People", "You Fool" and other popular songs, from which he can get a high copyright income every year, and "Morning Deal" alone brings him 1.1 billion won in revenue.
2. Performance income
Liu Xilie not only regularly starred in music variety shows such as "Liu Xilie's Sketchbook", "Kpop star", "Sugar Man", but also often participated in various reality shows and talk shows.
One of the most famous is "Liu Xilie's Sketchbook", which has been broadcast for 12 years and 6 months, which can be said to be Liu Xilie's life masterpiece.
3. Real estate investment
In 2014, Yoo Hee-yeol bought Villa H in Cheongdam-dong for 3.6 billion won in 2014.
After the renovation in 2019, the price of the villa is now expected to be 6.2 billion won, an increase of 2.6 billion won.
4. Acquisition income
In May of this year, the wealthy Kakao Entertainment announced the acquisition of a 19% stake in Antenna Music, and Liu Xilie, as the company's representative, naturally received a large amount of income from it.
Good at concerts and good at investing, Liu Xilie proved to everyone that musicians can also be successful businessmen.
Hopefully, as Liu Xilie promised, he would bring Liu Zaishi a warm company atmosphere like home and let the god devote himself to his work.
So, how many years do you think the cooperation between Liu Xilie and Liu Zaishi will last?