The net worth of the richest 1% of South Korea was found to be 2.9 billion won. Net worth is the amount of money you have, such as your house, car, cash, etc메이저사이트.
According to Hanwha Life Insurance and others on the 20th, as of 2021, the top 0.1% of net assets had more than 7.68 billion won, and the top 1% had more than 2.92 billion won. The top 5% of net assets had more than 1.335 billion won, and the top 10% had more than 900 million won.
There were a total of 209,000 households in the top 1% of rich people. The average number of household members is 2.8, which is estimated to be around 586,000 people. The average age of heads of households in the top 1% is 63.5, and 72% of them live in the metropolitan area.
The average annual income of the top 1 percent households was 215.71 million won, 3.5 times higher than the average household income of 61.25 million won. 88.5% of the top 1% households lived in their own homes, 7.7% for jeonse and 3.8% for monthly rent.
The retirement age of these households was 70.7 years, which was calculated to be later than the average age of 68.2 years for all households.
The minimum cost of living for these households was 3.59 million won per month, and the appropriate cost of living was 5.22 million won per month.
The average annual income of the top 1% of households is 3.5 times that of all households, but the minimum cost of living for old age is 1.66 times higher and the reasonable cost of living for old age is 1.71 times higher.
An insurance company official said, “Most of the rich in the top 1% are increasing their wealth through active investment such as real estate and stocks.”