Illionaire Records is a independent South Korean record label.[1] It was formed in January 2011 by rappers The Quiett and Dok2. They currently remain the co-CEOs.[2][3] They later signed rapper Beenzino.[4] Illionaire Records is considered the most influential indie hip hop record label in South Korea because of the respective power and individual accomplishments of each of its artists, despite its small overall size.[5] Illionaire Records toured Korea in the summer of 2012.[6] The label has also been long associated with Jay Park, after he restarted his career as a hip hop musician, and he has frequently collaborated with the company.[7] On November 11, the three artists released the free track "Illionaire Gang" to coincide with their "Illionaire Day Concert."[8]
In 2014, the label were the headliners for the "Asian Music Festival Summer Concert" in New York City on May 21.[4] That summer the label also released a compilation album entitled "11:11."[9]