How Much Money Did Rain Lose With Ciipher?
Rain proved producing a boy group is very expensive.
The singer was a guest on a past episode of tvN‘s 이번주도 잘 부탁해 (Translated as Good Luck This Week).
On this day, along with Rain, then-Ciipher member Tan made a surprise appearance.
Seo Dong Il, who starred in the drama Ghost Doctor with Tan asked the idol what foods he was able to cook, to which Tan replied he had just learned how to fry an egg.
Taken aback, Seo Dong Il asked Rain, “How much did you invest in this guy?” to which Rain replied, “I blew the cost of a house” while sighing.
An average apartment price in Seoul is about ₩1.30 billion KRW (about $945,000 USD).
Rain, however, reaffirmed his faith in Tan, saying, “Tan is going to make it big. I guarantee in 2,3 years; everyone is going to be like, ‘That was him?‘”
Ciipher is the first boy group Rain has personally produced under his agency, R.A.I.N Company. The 7-member group debuted back in March 2021. While Rain had his personal faith in the group, they failed to hit big in Korea. In August 9, 2023, Tan, Tag, Dohwan, and Won left the group, leaving just Hwi, Hyunbin, and Keita remaining.