How Much Did Trot ‘Hero’ Lim Young Woong Make Last Year ?

Mulgogi Music, the one-man agency of trot “hero” Lim Young Woong, released its 2023 sales and operational profitability. In 2023, Mulgogi Music recorded sales of 36.1 billion KRW (~ $26.4 million USD) and operating profits of 11.4 billion KRW (~ $8.3 million USD). 24.8 billion KRW came from album, digital, and concert sales, 5 billion from media content, 1.6 billion from ads, etc. What was Lim Young Woong’s salary? The trot singer earned 23.3 billion KRW (~ 17.1 million USD) in 2023. This includes the singer’s promotions (19.2 billion KRW paid last year and 3.1 billion to be paid) and Lim Young Woong’s 1 billion KRW dividends. Lim Young Woong created Mulgogi Music in 2015, which has 5 personnel, including CEO Shin Jung Hoon, who has worked with him since before ‘Mister Trot’ popularity. Lim Young Woong owns 50% of Mulgogi Music, while CEO Shin and another executive own 50%. After winning ‘Mister Trot’ in 2020, Lim Young Woong was offered contracts with several entertainment organizations, including HYBE Labels, in 2021. He stayed with Mulgogi Music CEO Shin when Lim Young Woong’s activities started making money in 2022.