South Korean rapper Psy is using the royalties from his ‘Gangnam Style’ mega hit to purchase a new home in Los Angeles.
The viral video star has snapped up a US$1.25 million condominium in the exclusive Blair House building near Beverly Hills - and settled the big fee in cash, according to TMZ.com.
The cost of the two-bedroom pad is small change for the international chart sensation - he has reportedly raked in a whopping US$7.9 million in the past few months alone, just from the popularity of the catchy tune.
The song's promo, featuring his crazy horse-style dance routine, has become the most-watched video ever on YouTube after racking up more than 991 million views since July.
WENN.com