Jessica (SNSD) was sued, forced to pay 154 billion dong

Recently, Korean media reported that the Blanc & Eclare fashion brand founded by Jessica Jung (former SNSD member) is facing a lawsuit for more than $6.8 million (about VND 154 billion).

Blanc & Eclare was founded in 2014 by Jessica with the largest investor being Tyler Kwon - her boyfriend. Besides, Tyler Kwon is also the president and CEO of Coridel Entertainment, the female singer's management company. In October 2016 and May 2017, respectively, Blanc & Eclare borrowed $3 million and $1 million from Spectra SPC.

Joy King Enterprises and Spectra SPC then signed an agreement to transfer this loan, so now Joy King Enterprises is Blanc & Eclare's creditor. Joy King Enterprises side said that the last payment due date is on September 10 of this year, but Jessica and Tyler Kwon have not yet made a move to pay this loan. Therefore, Joy King Enterprises filed a lawsuit against investor Tyler Kwon for $6.8 million in both principal and interest. Earlier in 2019, Jessica was also sued for breach of contract with two Chinese companies and had to pay 40 billion dong.

Jessica Jung, commonly known by her stage name Jessica, was born in 1989 in the US. She used to be a member of the famous girl group SNSD and left the group in 2014. 7 since leaving SNSD, Jessica has always been a star in the spotlight. Currently, she focuses on business and developing her own fashion brand.

Not long ago, the article revealed the sales of BLANC & ECLARE - the fashion brand of "Ice princess" Jessica Jung suddenly climbed to the top of the hottest news on Dispatch news site. According to the article, in 2019 alone, the revenue of this fashion house reached 20 billion won (about 418 billion VND).

This huge number has surprised many people. From a brand specializing in selling sunglasses, Jessica has now expanded her business to many different fashion products. BLANC & ECLARE also receives special love from celebrities, there have been a series of Korean stars wearing their clothes such as Jennie (BLACKPINK), TWICE, Red Velvet, AOA, EXID... Worth mentioning, this is the company's success. Jessica company opened when leaving SNSD, causing many scandals. Now, after leaving the group, Jessica has surprised the public with her great "swordfish" ability through her own agency, becoming a giant Kbiz.

Since leaving SNSD, Jessica has been extremely busy working in many fields such as running her own fashion label, debuting as a solo singer and releasing her first novel. With a high frequency of activities, it is not surprising that she spends more time in hotels around the world than at home. Jessica's "check-in" series of photos in luxury hotels also quickly caused a fever. If you go to Jessica's Instagram, the audience will have to be overwhelmed, dazzled by a series of "smell of money" images of her. And yet, Jessica's wealth is also reflected in the real estate she owns. According to TMI News, the former SNSD member has a huge fortune, in which, Jessica Jung and her sister Krystal are living in Mark Hills Heukseok-dong, a high-class complex area overlooking the Han River. , is also a neighbor of actor Lee Min Ho. It is known that this real estate is worth nearly 85 billion VND.

Jessica was born into a wealthy family in San Francisco, USA, with a lawyer father and an athlete mother. Ever since she was a trainee, she and her sister Krystal were "bought" by her parents for a separate apartment worth $2 million (VND 46 billion) close to SM's building for convenience. However, both of them don't rely on their families, become famous stars make good money on their own and even open their own brands. Although still young, Krystal is already a famous beauty of Kbiz, sings well, dances well, and has been assigned to many famous movie projects such as "The Heir", "Bride of the Water God"... Meanwhile Jessica is a former member of the national girl group SNSD, opened her own fashion brand Blanc & Eclare and became a young CEO.

According to tvN's The List 2016 program, Jessica ranked 5th in the list of the richest tycoon stars in Kbiz, currently owns more than 50 fashion stores across major cities such as Seoul, Hong Kong, and New York. ..

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