Rap Monster Net Worth 2022: Why Is Kim Namjoon Rm?

South Korean rapper, composer, and record producer RM (previously Rap Monster) Kim Nam-Joon (Korean: born September 12, 1994), better known by his stage name RM, is one of South Korea's most popular artists. BTS is the South Korean boy band led by him.

A year later, RM released his debut solo mixtape. Topping the US Billboard 200 at number 26, Mono is the highest-charting album by a Korean soloist ever. ‘Moto' is his second mixtape, published in 2018.

It is worth noting that he has also worked with the likes of Lil Nas X and MFBTY as well as musicians like Wale and Younha.

Early life and Education

After his family relocated to Ilsan District in Goyang when Kim Nam-Joon was four or five, the South Korean actor was born on September 12, 1994, in Dongjak District.

In addition to his younger sister, he is the older of two brothers. In his early years, RM relied heavily on his mother and the American comedy Friends to help him acquire the language.  At school, he was an avid poet who frequently won accolades for his work.

One year after posting his work to an internet poetry website, he gained a fair amount of attention. Thus, RM first declared a desire to get into publishing before changing his mind.   When he was twelve, he spent four months in New Zealand study.

After hearing Epik High's “Fly” in fifth grade when he was 11 years old, RM became interested in hip-hop music.

After listening to the song and feeling relieved, he determined to learn more about the genre. RM's initial exposure to lyricism came from his high school English teacher, who exposed him to the music of American rapper Eminem.

Sharing lyrics that he thought were “awesome” with pals was something he did on a regular basis. He began creating songs at that time, claiming that his poetry became lyrics when it was paired with music.

His first self-composed recording was made with Adobe Audition (then named Cool Edit) in 2007, while he was a freshman in middle school, and he performed in his first concert in 2008.

Under the alias Runch Randa, RM became increasingly involved in the underground Korean hip-hop scene, releasing several tracks and working with other artists such as Zico.



Rap Monster Net Worth

At an audition for Big Deal Records in 2009, RM and Samuel Seo made it through to the second round, however, they were disqualified because they couldn't recall the lyrics.

Sleepy later gave producer Pdogg of Big Hit Entertainment Pdogg's contact information after they swapped numbers after the audition.

In 2010, Sleepy got in touch with RM and encouraged him to go on an audition with Bang Si-hyuk, the CEO of Big Hit Entertainment. When Bang offered RM a job at his record label when he was 16, he accepted it right away and without telling his parents.

Bang and Pdogg immediately formed a hip-hop ensemble that would later become the idol group BTS.

With fellow rapper Min Yoon-gi and dancer Jung Ho-Seok, eventually known as Suga and J-Hope, respectively, RM spent three years training together.

RM Net Worth

Rap Monster Net Worth

RM has an estimated net worth of $20 million as a rapper, songwriter, and record producer from South Korea. As the frontman of the South Korean boy band BTS, popularly known as the Bangtan Boys, he is well renowned for his rapping abilities.

Kim Namjoon (RM) was born in September 1994 in Ilsan-gu, Goyang, South Korea, to Kim Namjoon. A year after forming in 2013, BTS released their first Korean studio album, Dark & Wild.

When it came to the world album chart, that album peaked at #3 in the United States and #2 in Korea. 2016 saw the Korean album Wings by BTS debut at No. 1 and No. 1 on the Billboard World Albums Chart in the US.

Love Yourself: Tear, the group's first Korean album, debuted at the top of the Billboard 200 and the US World charts in 2018. The album also topped the charts in Canada, Japan, and a number of other nations, including the United States.

Japanese albums Wake Up and Youth were both released by BTS in 2014 and 2016 respectively, and both hit the top of the charts in Japan. Face Yourself, their Japanese album, was published in 2018 and climbed to the top of both the Japanese and US charts.

“Fire,” “Blood Sweat & Tears,” “Spring Day,” “Not Today,” “DNA,” “Fake Love,” “For You,” and “Chi, Ase Namida” are some of their most popular songs.

Touring revenue for the band was $170 million in 2019. Metallica was the only band to make more money. Between June 2019 and June 2020, the BTS members earned a total of $50 million, or $7 million each member, thanks mostly to their tour income.

Big Hit IPO

Rap Monster Net Worth

Big Hit Entertainment, BTS's management firm, will begin trading on the South Korean stock market on September 28, 2020. The firm had a market value of $4.1 billion at the end of its first day of trading.

This was South Korea's third-largest IPO in the last three years. As the owner of 43 percent of the firm, Big Hit founder Bang Si-Hyuk completed the IPO day with a net worth of $1.4 million.

Bang distributed 68,385 shares of the firm to each group member one month before the IPO. Each of the company's seven members ended the first day of trading with $7.9 million in stakes.

Personal life

RM and the rest of his band have been residing in Hannam-dong, Seoul, South Korea, since last year. A year after purchasing a property in Seoul for 4.9 billion in November 2019, he sold it for a profit of 5.8 billion.  A US$5.7 million Hannam-dong property purchase was announced in June 2021.

Frequently Asked Questions

Why Is Kim Namjoon Rm?

Name. The moniker “Rap Monster” was chosen by RM while he was an idol trainee. San E's “Rap Genius” was the inspiration for one of his songs, which is why his stage moniker, “Monster Rapper,” is widely misconstrued.

Is RM Korean?

South Korean rapper, singer, songwriter, and record producer Kim Namjoon are best known for his stage moniker RM.