Gangnam style hits one billion! Mon-24-Dec-12 15:35 Share this By Jay-Jay Feeney PSY’s Gangnam Style video has hit one billion views on YouTube! PSY is using the royalties from the song to buy a new house in LA. He spent $1.25 million USD on a two-bedroom pad. He has made about $8 million USD on the song so far. You May Also Like PSY does it again...this time it's with Snoop Dogg! Snoop Dogg and Psy team up Become a fan of The Edge on Facebook and on Twitter .