It was found that the richest 1% in Korea had a net worth of over 2.9 billion won.
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.
Net worth is the amount of money you have, such as your house, car, cash, etc.
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 household heads in the top 1% is 63.5 years old, and 72% of them live in the metropolitan area.
The average annual income of the top 1% households was 215.71 million won, 3.5 times higher than the average household income of 61.25 million won.
In addition, 88.5% of households in the top 1% lived in their own homes, with only 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 month스포츠토토.
The average annual income of the top 1% of households reached 3.5 times that of all households, but the minimum cost of living in old age was 1.66 times higher and the adequate cost of living in old age was 1.71 times higher.
An insurance company official said, “Most of the top 1% of the wealthy are increasing their wealth through active investment such as real estate and stocks.”