Lauded for her impressive K-drama roles in hit TV shows like What’s Wrong with Secretary Kim, Park Min-young, with a successful career and exponential net worth, has solidified her status as one of the most sought-after stars in the Korean entertainment industry. Ever wondered how the K-drama actor spends her wealth and what are some of the most expensive things she owns? Here’s a closer look at Park Min-young’s net worth.
Dubbed “rom-com goddess” for her leading roles in multiple hit romance K-dramas like Healer (2014) and Her Private Life (2019), actor Park Min-young has been consistently delivering some of the best shows to come out of South Korea, in the last few years. These include City Hunter (2011), Glory Jane (2011), Remember (2015), Queen for Seven Days (2017), When the Weather Is Fine (2020), Forecasting Love and Weather (2022) and Marry My Husband (2024).
Talking about her profession and career in an interview with K-dramadiary, Park said, “I have no fear of failure. If there’s down, there’s up. Even if I hesitate for a while, I have a belief that I can go up again if I can work hard.”
All details about Park Min-young: Career, net worth and other earnings
Park Min-young’s net worth
As one of the Korean superstars, it is no surprise that Park is the owner of a massive fortune.
According to several K-media sources, Park Min-young enjoys a staggering net worth of around USD 5-10 million, as of January 2024.
While it is difficult to quote an exact figure, it goes without saying that a huge chunk of her income comes from her acting stints, commercials and high-end brand endorsements and collaborations.
Career and filmography
Park’s first tryst with the camera was when she starred in a 2005 SK Telecom commercial. The South Korean actress made her acting debut the following year with a minor role in the hit sitcom High Kick, alongside veteran Lee Soon-jae. A situational comedy revolving around the life of a dysfunctional family, High Kick has a solid 8.4 rating on IMDb. The success of the K-drama led to the release of High Kick Through the Roof (2009–2010) and High Kick: Revenge of the Short Legged (2011–2012). While Park didn’t feature in the sequels, she remains a memorable High Kick series character.
Following this, Park Min-young landed several leading roles in TV shows like I Am Sam (2007), Ja Myung Go (2009) and Running, Gu (2010). The K-drama star also gained nationwide recognition after featuring in the music video for BigBang’s hit 2008 track “Haru Haru”.
Her big break came in 2010, with the hit Kim Won-seok directorial Sungkyunkwan Scandal — a coming-of-age drama about an intelligent young woman Kim Yun-hee, who disguises herself as a boy to enrol at the most prestigious learning institution in Joseon. The TV show recorded an average nationwide rating of 10.1 per cent, according to Nielsen Korea. Not to forget, the original soundtrack of the show, which featured Korean-American singer Park Yoo-chun’s band JYJ, sold over 110,000 copies in just a few weeks after the release of the K-drama.
Park’s popularity continued to soar with the Lee Min-ho starrer City Hunter (2011), a K-drama adaptation of the Japanese manga series of the same name, written and illustrated by Tsukasa Hojo. An instant commercial success, the series garnered around USD 10.45 million from television advertising in South Korea. Furthermore, Park’s impressive performance in the show earned her Best Actress nominations at prestigious Korean award ceremonies, including the 4th Korea Drama Awards and the 48th Baeksang Arts Awards.
After her success on Korean television, Park Min-young made her big screen debut in 2011, with a horror flick titled The Cat. One of the most successful Korean films to release that year, The Cat grossed around USD2.05 million in South Korea on its opening weekend. Overall, it collected a total of USD4.5 million in South Korea and USD4.6 million in the foreign markets, according to Box Office Mojo.
The Korean star further showcased her versatility in K-dramas like Dr. Jin (2012), A New Leaf (2014), Healer (2014), Remember (2015) and Queen for Seven Days (2017).
In 2018, Park landed her career-best TV show What’s Wrong with Secretary Kim, alongside K-drama heartthrob and her then-rumoured boyfriend Park Seo-joon. Based on the famous 2013 novel of the same title by Jung Kyung-yoon, the office romance K-drama scored a finale viewership rating of 8.6 per cent, according to Nielsen Korea.
Additionally, romantic comedies like Her Private Life (2019), When the Weather Is Fine (2020) and Forecasting Love and Weather (2022) earned Park Min-young the title of “rom-com goddess”.
Park is currently basking in the success of her 2024 Korean drama Marry My Husband. According to Nielsen Korea, the show based on revenge achieved its highest nationwide viewership rating of over 7.8 per cent in the first week of its release.
Following the success of Marry My Husband, Park Min-young seized the #1 spot in actor rankings in Korea, surpassing Song Kang of My Demon.
Luxury brand endorsements
Besides her acting projects, endorsements and brand collaborations play another key point in the ever-growing net worth of Park Min-young. She has been the face of multiple luxury brands like the Chinese apparel brand ONE BOY, the Korean furniture brand Klug, the K-cosmetic brand Sooryehan, the Japanese brand Egoist and the jewellery brand J.ESTINA.
In 2020, Italian luxury fashion house Tod’s announced Park Min-young as the brand ambassador for its Korean outlet. As a part of the collaboration, Park attended the brand’s Fall/Winter Women’s Collection show in Milan Fashion Week, the same year.
In November 2022, Park was chosen as the spokesperson of the high-end Chinese clothing brand ONE BOY. Talking about the collaboration with ELLE Taiwan, the actor revealed, “I feel very honoured to be the first foreign spokesperson of ONE BOY.”
With over 11 million followers as of January 2024, Park is also one of the most-followed Korean actors on Instagram. The Dr. Jin actor, who often shares her magazine photoshoots and sponsored posts on social media, reportedly earns around USD 10,000 to USD 100,000 per post on Instagram. The South Korean star also owns a successful YouTube channel. Park, who has been handling her channel Just Parkminyoung since 2020, has over 1 million subscribers as of January 2024.
Expensive things owned by Park Min-young
According to K-media sources, Park has been living in a USD 4.4 million plush residence located in Cheongdam-dong, Seoul, Korea. Her residence overlooks the Han River and is situated near Korean celebrities Cha Eun-woo and Park Seo-joon.
Furthermore, Park loves investing her wealth in luxury cars. In her vlogs, the actor is mostly seen driving a chic Bentley Continental GT, approximately worth USD 119,777.
The K-drama star is also a proud dog parent of a Bichon Frisé, named Leon. While Leon’s resemblance to Park Seo-Joon’s dog Simba leaves fans amazed, they love seeing Leon’s cameos in Park Min-young’s YouTube vlogs. The celebrity pet is also shooting commercials and accompanying the actor on her schedule.
Personal life
Born on 4 March 1986 in Seoul, South Korea, Park Min-young, aka Rachel Park, dreamt of becoming an actor since elementary school. While a 14-year-old Park followed her older sister to Pennsylvania for high school, she returned to Korea after three years and graduated from Dongguk University in Seoul with a degree in Theatre.
On the relationship front, Korean news outlet Dispatch revealed in 2022 that Park was dating Kang Jong-hyun, CEO of Bithumb, the largest cryptocurrency trading platform in the country. However, the couple broke up soon after. There are no reports about her current relationship.
(Hero and featured image credit: @rachel_mypark/Instagram
This story first appeared on Lifestyle Asia Singapore
Frequently Asked Questions (FAQs)
– Why is Park Min-young called Rachel?
Rachel Park is the English name of South Korean actress Park Min-young.
– Is Park Seo-joon married to Park Min-young?
No, Park Seo-joon is reportedly dating Korean YouTuber xooos, aka, Hong Soo-yeon.
– When did Park Min-young start acting?
Park Min-young made her acting debut in 2007, with a minor role in the hit sitcom High Kick.
– Who is the most famous South Korean celebrity?
Some of the most famous Korean celebrities are BTS, BLACKPINK, South Korean model Jung Ho-yeon, singer Bae Suzy and actor Song Kang.
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A PhD research scholar, Sushmita is a full-time writer and a part time poet. Notepads are Sushmita's one true love -- the unbothered victims drowned in the ink of her pen. An avid fan of K-pop and K-dramas, she mostly writes about Korean culture and entertainment. When not writing, Sushmita is dancing, reading, collecting books, learning about fashion, art, motion pictures, and appreciating BTS.
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