The critically praised Netflix show “Squid Game” has been one of the greatest hit shows in cinematic history, with huge audiences streaming in and giants earning even more money. According to Bloomberg, the smash survival drama generated roughly $900 million in “impact value.”
As a result, it’s normal to anticipate that Hwang Dong-hyuk, who initially designed his storyline as a film, would see a significant portion of this transformation. However, this does not appear to be the case.
What about the series’ inventor, though? Hwang Dong-Hyuk’s meteoric ascension towards the peak of the streaming business did not happen instantaneously. Instead, getting to those renowned 111 million viewers and the monetary gains that came with the blockbuster program was a long and tough path. So, how wealthy is he?
This list will look at his net worth as well as his rapid journey to become a world-famous director.
Dong-hyuk’s career before the Squid game :
In 1971, Hwang Dong-hyuk commenced his career in Seoul, South Korea. Hwang received a Bachelor of Arts in communication from Seoul National University and came to Los Angeles following graduation. He continued to create and create his own short films while pursuing his Master of Fine Arts in film production at USC, winning a slew of honours along the path to his ultimate global breakthrough with Squid Game.
Squid game :
Owing to reports, the nine-episode series cost £15.5 million to create, or £1.75 million for each episode. It has gotten an incredible return on that investment. The series is projected to be worth £650 million to Netflix, having been watched by 142 million homes and boosting the streaming service’s subscription numbers by 4.4 million.
In an interview with The Guardian, he stated, “I’m not that rich.” “But I’ve had my fill. I have just enough money to feed my family.” The amount of money Dong-hyuk missed out on due to a little technicality in his contract is revealed in leaked documents obtained by the British media source. “Squid Game” cost little over $21 million to make, as per the Guardian. Netflix has made nearly a $1 billion profit in total. So, why wasn’t Dong-hyuk able to profit as well?
Dong Hyuk’s Net Worth after Squid game :
With such a huge success on his hands of Squid Game, it’s reasonable to imagine Hwang Dong Hyuk’s Net Worth going into the high seven figures. Unfortunately, the director’s net worth is only $5 million. Given that the series he produced is projected to be worth 650 million dollars, Dong-financial hyuk’s situation post-Squid Game might come as a surprise to fans. “But I do have enough, I have enough to put food on the table,” Dong-hyuk stated, as per The Guardian. “And it’s not like Netflix is paying me a bonus.” Netflix honored my agreement and paid me on time.”
Squid Game is believed to have earned Netflix over $900 million, view emphasizes the financial plan of $21 million, and presently has an audience of over 142 million viewers, as per Bloomberg. Its per-episode expense is apparently lesser than many of the other Netflix originals such as The Crown and Stranger Things, yet the series is still generating huge profits.
In conclusion, the Squid Game, which reportedly earned Netflix a billion dollars, hasn’t done anything to aid creator Hwang Dong-hyuk. The Squid Game seems to have established a major presence. It has since been translated into nearly 30 dialects and has reached number one in 94 countries. With Squid Game’s enormous triumph having established him as an international figure, Hwang is expected to be in great demand for upcoming Netflix streaming ventures but as of now, his net worth is not more than $5 million.