J.Y. Park was listed as the highest-paid composer in royalties for 2013, which was his third consecutive year at #1.

SEE ALSO: J.Y. Park tops Producer list of highest income from royalties

According to the Korea Music Copyright Association's '2013 Total Composer Revenue', J.Y. Park was determined to be the composer with the highest total royalties for the third consecutive year. Although the exact income was not disclosed, it is estimated that J.Y. Park earned well over 1 billion KRW (~$1 million USD) in royalties this past year.

J.Y. Park has close to 50 #1 hit songs in his music bank including songs he wrote for his former and current JYPE artists Rain, Wonder Girls, 2AM, 2PM, miss A, GOT7, as well as overseas artists including SMAP (Japan), F4 and Jacky Cheung (China), Will Smith, Mase, and Cassie (U.S.), just to name a few.

Second on the list was Cho Young Soo, third was YG's Teddy Park, fourth was SM's Yoo Young Jin, and fifth was Big Bang's G-Dragon.