Kim Jae-joong Denies 'Trillion Won Rumor,' Reveals Unique 'Empty Bank Account' Investment Strategy

Singer and actor Kim Jae-joong has once again addressed the circulating rumors about his alleged 'trillion won fortune.'

On the recent episode of KBS 2TV's 'Stars' Top Recipe at Fun-Staurant,' broadcast on the 25th, Kim Jae-joong clarified that the extravagant asset claims surrounding him are 'not true.' Online speculation had previously suggested his wealth exceeded 100 billion won, potentially reaching the trillion won mark.

Kim Jae-joong explained that the rumor originated from a joke he made during a conversation with Joo Woo-jae. He had quipped, 'If I saved for 23 years, I'd surely earn over 100 billion won before taxes,' but this statement was exaggerated to a trillion won on YouTube.

He firmly denied the claims, stating, 'It's absolutely not true.' However, fellow cast member Kangnam playfully added, 'From my perspective, it looks like you're close to a trillion,' eliciting laughter.

Adding to the buzz, Kim Jae-joong shared his unconventional financial management strategy on the YouTube channel 'Friend JaeJoong.' When asked about the secret to his long career, he advised, 'Once every 8 years, reset your bank balance to zero.' He explained this radical approach by stating, 'The moment the balance hits zero, your fighting spirit goes through the roof.'

However, he clarified that this doesn't mean spending all his money. 'It just means zeroing out my visible deposit account. I move the funds to a safer place – essentially, investing,' he elaborated. When Roy Kim asked if he was essentially just moving the money rather than spending it, Kim Jae-joong confirmed, 'Yes, I only empty the accounts I can see.'

Despite this strategy, Kim Jae-joong confessed it hasn't always been smooth sailing. He admitted to experiencing near-bankruptcy situations four times. Nevertheless, he emphasized that 'emptying the account allows me to return to my beginner's mindset,' viewing it as a method for maintaining crucial tension in his economic activities.

Furthermore, Kim Jae-joong had previously addressed the rumors on the YouTube channel 'Joo Woo-jae's Today,' explaining that the trillion-won figure likely resulted from including assets like cars he'd owned for 20 years and real estate transactions. He honestly stated, 'It's impossible to earn that much with such accounting methods,' drawing attention once again to his clarification.

Born in 1986 and currently 39 years old, Kim Jae-joong previously garnered attention for revealing a 'black card,' reportedly owned by only the top 0.05% of VIPs. Despite his glamorous success and premium image, his financial philosophy is surprisingly focused on 'maintaining a beginner's mindset' and 'healthy tension.' He continues to consistently state that the recent 'trillion won rumor' is 'groundless,' emphasizing his unique method of emptying his accounts to live and work more diligently.

Netizens reacted to the broadcast with comments like, 'Kim Jae-joong's investment method is so fresh,' 'He definitely has a different mindset,' and 'It's not a trillion, but his capability is recognized!' Many debated his strategy of emptying his bank account, with comments ranging from 'Should I try this too?' to 'I might go bankrupt if I follow this.'