Share of millionaires' real estate assets South Korea 2016-2023

Published by L. Yoon, Apr 18, 2024

In 2023, the share of real estate assets of South Korean millionaires amounted to around 56.2 percent. The share of real estate assets stood at the highest in 2021 compared to the last five years, mainly caused by the increase of apartment prices.

Share of real estate assets of millionaires in South Korea from 2016 to 2023

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Release date

December 2023

Region

South Korea

Survey time period

2016 to 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

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