Asset distribution of millionaires South Korea 2023, by type

Published by L. Yoon, Apr 18, 2024

In 2023, the total assets of South Korean millionaires consisted of 56.2 percent of real estate assets and 37.9 percent of financial assets. The share of financial assets stood at the lowest in 2021 compared to the last five years.

Distribution of wealth of millionaires in South Korea in 2023, by type

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Release date

December 2023

Region

South Korea

Survey time period

July 26 to September 5, 2023

Number of respondents

400 millionaires*

Age group

20 years and older

Method of interview

Face-to-face interview

Supplementary notes

*Millionaires are defined here as individuals who have financial assets of one billion South Korean won or more.

1,000 South Korean won equals 0.74 U.S. dollars or 0.69 euros as of April 2024.

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Statistics on " Millionaires in South Korea "

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Overview

6

Demographics

8

Source of wealth

4

Net worth

5

Debt and savings

4

Investments

7

Public perception

3

Further related statistics

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