Illionaire Records is a independent South Korean record label. It was formed in January of 2011 by rappers The Quiett and Dok2. They currently remain the co-CEOs. They later signed rapper Beenzino. 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. Illionaire Records toured Korea in the summer of 2012.