Hongjoong is the leader and "captain" of ATEEZ, one of the leading fourth-generation K-pop groups. Although he and his co-members didn't earn much recognition at the time of their debut due to their company being small compared to others, they eventually rose to the top and are now globally known. In fact, ATEEZ has become the very first K-pop group outside of "Big 4" to become a million-seller.

Thanks to his blooming career, ATEEZ Hongjoong is earning a great amount of money through his activities. Want to know how rich he is to date? Read on!

ATEEZ Hongjoong Net Worth 2022: How Rich Is Group's Leader?

Hongjoong debuted as a member of KQ Entertainment's eight-member boy group, ATEEZ on Oct. 24, 2018. He isn't only the leader and "captain" of the band, but he's also the main rapper, composer, and center.

Prior to his debut, he auditioned for YG Entertainment's survival reality show "MIXNINE." He passed alongside three other KQ trainees. Sadly, he was only able to complete 10 episodes of the show, with his last ranking being No. 42.

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This 2022 marks ATEEZ's fourth year in the music industry. What makes this year memorable for the group is their multiple achievements in the past months (which we will discuss below). According to this source, ATEEZ's net worth this 2022 is estimated to be $9.15 million, but including their income beyond Instagram, their total earnings are most likely more than $14.64 million.

While the group's earnings surpassed $10 million, the members' individual profits are much lower. The 2022 net worth of ATEEZ Hongjoong, in particular, is $5 million as of October, as per this source.

How Did ATEEZ Hongjoong Net Worth in 2022 Hit $5 Million?

Now, how was Hongjoong able to earn a hefty amount of money this year? Well, it's all thanks to his countless activities in the past nine months.

First, ATEEZ embarked on their second world tour called "The Fellowship: Beginning of the End" this year. It began with a three-night concert in Seoul from Jan. 7 to 9. This marked their first offline concert in the city in two years.

The world tour continued with six sold-out shows in different cities in the United States throughout January, specifically in Chicago, Atlanta, Newark, Dallas, and Los Angeles. From April to May, they held eight concerts in European cities, such as Madrid, London, Paris, Berlin and Amsterdam. From July 16 to 18, ATEEZ held three sold-out concerts at Yokohama's Pia Arena MM in Japan.

Aside from concerts, ATEEZ Hongjoong's net worth this 2022 was also greatly influenced by his group's musical releases.

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On Jan. 31, they dropped the promotional single "Don't Stop" through Universe Music for the fandom platform UNIVERSE. Then, on May 25, ATEEZ released their second Japanese EP "Beyond: Zero," This EP impressively ranked second on the weekly album charts of Oricon and Line Music, as well as on Billboard Japan Top Album Sales chart.

On July 29, ATEEZ released their ninth Korean EP "THE WORLD EP.1: MOVEMENT." The EP exceeded 1.1 million copies in number of stock pre-orders and went on to reach one million physical sales in South Korea alone, becoming the group's very first million-seller album.

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Meanwhile, ATEEZ's and Hongjoong's net worths this 2022 are expected to further increase in the next months as the group is set to go on another world tour, called "The Fellowship: Break The Wall." After holding a two-night show in Seoul on Oct. 29 and 30, they will perform in U.S. cities like Anaheim, Phoenix, Dallas/Fort Worth, Chicago, Atlanta, and Newark throughout November.

Afterward, they will hold a concert in Toronto, Ontario in Canada on Dec. 2 and wrap up their world tour on Dec. 11 and 12 in Chiba, Japan.

Additionally, ATEEZ will drop their Japanese third mini-album "THE WORLD EP. PARADIGM" on Nov. 30.

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Written by Maria Scott