Lee Soo Man is the founder of SM Entertainment, find out more about his background, age, career, and net worth
Kakao Entertainment has reportedly grown to be the second-largest stakeholder in SM Entertainment, the K-pop firm founded by Lee Soo Man.
The significant influence Soo Man has had on South Korean music, particularly Korean pop, is well known to K-pop enthusiasts. TVXQ, BoA, SHINee, and other well-known artists and singers have all had success thanks in large part to the creator of SM Entertainment.
Billboard, which ranked the 70-year-old record producer as one of the world’s most prominent music business leaders, acknowledged his effect on music as well. However, the recent news has taken the industry by storm, with many people left curious about Lee Soo Man, his background, and his current net worth. So, let’s find out everything about him:
Who is Lee Soo Man founder of SM Entertainment, his net worth 2023, age, wife, son, niece and daughter
Who is Lee Soo Man?
Lee Soo Man is a well-known South Korean business executive and record producer. He has been in the news because Kakao Entertainment has reportedly become the second-largest stakeholder in his company, SM Entertainment.
He was born on June 18, 1952, in Jeonju, Jeolla Province, South Korea.
After completing his schooling, he attended Seoul National University, where he got his Bachelor of Engineering degree. Later, he attended California State University, Northridge, where he got a master’s degree in science.
He married Kim Eun-jin in 1984. They are the parents of two children. They were together until Eun-jin died in 2014 due to cancer.
He is currently 70 years old.
His is eldest son is John Hyunkyu Lee. Sunny of SNSD is the niece of Lee Sooman.
His career
While attending Seoul National University, Lee Soo Man made his singing debut in 1971. He established SM Entertainment in 1989, and since then it has grown to be one of the biggest entertainment businesses in the nation.
He is credited with creating a number of well-known K-pop ensembles, including H.O.T., BoA, TVXQ, Super Junior, Girls’ Generation, SHINee, f(x), EXO, Red Velvet, and NCT. Under his direction, S.M. Entertainment has grown to be a significant force in the international music business, entering new markets including China, Japan, and the US.
Lee Soo Man’s net worth
According to reports, Lee Soo Man currently holds more than $300 million worth of shares in SM Entertainment or around 18.46%. The record producer is thought to have a net worth of about $200 million, including SM’s equities and prior earnings.
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