Yoo Hye-Yeon was born on 10 March 1989, in South Korea, and is best known as the wife of South Korean artist PSY. He is a rapper, singer, songwriter, and record producer, best known for his hit single “Gangnam Style” which is one of the most viewed videos on YouTube.
The Wealth of Yoo Hye-Yeon
How rich is Yoo Hye-Yeon? As of late-2018, sources estimate a net worth that is over $1 million, earned largely through the success of her husband, in which she has contributed significantly via various endeavors. The success of her husband has seen him accumulate an estimated net worth at $25 million. As they both continue in their endeavors, it is expected that her wealth will also continue to increase.
Very little is known about Yoo’s childhood, and her life remained out of the spotlight for many years. After matriculating from high school, she enrolled in Yonsei University which is located in Seoul, South Korea. She completed a degree studying the Cello and it was during this period that she was introduced to Park Jae-Sang, also known as PSY through a mutual friend.
She would join him during the start of his professional music career, for which he initially became popular domestically. However, his popularity declined for a while when he left his profession to undertake mandatory military service as required by South Korean men. After he had completed his duties in 2009, financial difficulties left him unable to produce new songs, but Yoo was able to convinced him to join the music label YG Entertainment, and this helped him get back on track with his music career. The move proved successful, and his work with YG catapulted him back to success.
In 2012, Hye-yeon’s husband PSY made waves internationally after he released his hit single entitled “Gangnam Style”, which quickly became viral and an international hit. The unprecedented success of his single, especially for a South Korean, made him very popular, with his video reaching over one billion views on YouTube, the first ever video to achieve the feat, and of course added very significantly to his net worth. He was recognized by the media as the King of YouTube, and he then started to perform his song internationally, subsequently performing in various television shows such as in “Saturday Night Live” and “The Today Show” in the US. He soon became an international sensation, and so then signed with Schoolboy Records in the United States.
He became the second South Korean artist to appear at the MTV Europe Movie Awards, and surpassed numerous records online, and was recognized by various artists and celebrities from all over the world. He then started working on other releases while being invited to international events while also receiving acting opportunities. Meantime, “Gangnam Style” would break the YouTube 32-bit integer limit, leading the website to upgrade. He continued to release songs domestically over the next few years, before leaving YG Entertainment in 2018.
Marriage and Personal Life
Despite an age gap of 12 years, PSY and Yoo married in 2006 after being in a relationship for more than three years; they now have twin daughters. The family later moved to Los Angeles, California where they now reside. Despite his popularity, the family has managed to keep their private lives away from the media spotlight. It is known that Yoo has supported Psy’s career, possibly even managed some of his affairs, but at least contributing as a costume designer.
PSY credits Yoo as the one who helped him get through an alcohol problem in 2013, when he found himself drinking so much that it was causing him problems. He mentioned that he respects marriage, and is very traditional. Despite that, he also said that he is not a fan of classical dates, and prefers to do original or creative things. He has also said that the success of “Gangnam Style” has been both a dream and a curse, as it has become difficult to create another song that will rival that of the 2012 hit.
Hye-yeon’s husband has been wrapped up in several controversies, mainly stemming from his participation in protests that promoted an anti-American sentiment in South Korea. The first issue that led to this was after a US military convoy accidentally killed two South Korean schoolgirls; during one of his concerts, international media misinterpreted the lyrics of his song as promoting the deaths of Americans. While the translation was later refuted, he still appeared in front of the camera and apologized for his behavior. Aside from these, the song after “Gangnam Style” named “Gentleman” was originally named as “Assarabia”, which is a South Korean expression, but he later changed it because of the possibility of it being a misrepresentation to the Arabic people.