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Total amount of assets perceived to be rich among millionaires in South Korea in 2024 (in billion South Korean won)

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Source

Release date

December 2024

Region

South Korea

Survey time period

July 31 to September 6, 2024

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 0.68 U.S. dollars or 0.66 euros as of January 2025. 

Citation formats

Self perception of wealth among millionaires South Korea 2024

Published by Zeynep Dierks, Jan 21, 2025

According to a survey conducted in South Korea in 2024, around ** percent of South Koreans who had assets of over * South Korean won considered themselves rich, while about ** percent of respondents with less than ** South Korean won believed themselves to be rich.

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