*700 millionaires and 1,400 semi-rich individuals.
Millionaires are defined here as individuals who conduct transactions with domestic banks and have financial assets of one billion South Korean won or more.
Semi-rich individuals are defined here as people who conduct transactions with domestic banks and have financial assets of 100 million South Korean won or more.
1,000 South Korean won equals 0.83 U.S. dollars or 0.74 euros as of March 2022.
Citation formats
Stock investment behavior of millionaires after COVID-19 South Korea 2020
According to a survey conducted in South Korea in December 2020, about half of the millionaires and semi-rich people surveyed said they had invested more in stocks following the outbreak of the *** pandemic. Only ** percent of respondents stated that this was not the case.
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Hana Institute of Finance. (March 8, 2021). Changes in stock investment behavior of millionaires after the outbreak of COVID-19 in South Korean in 2020 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 06, 2026, from /statistics/1296519/south-korea-stock-investment-behavior-of-millionaires-after-covid-19/
Hana Institute of Finance. "Changes in stock investment behavior of millionaires after the outbreak of COVID-19 in South Korean in 2020." Chart. March 8, 2021. ÌÇÐÄÆÆ½â°æ. Accessed August 06, 2026. /statistics/1296519/south-korea-stock-investment-behavior-of-millionaires-after-covid-19/
Hana Institute of Finance. (2021). Changes in stock investment behavior of millionaires after the outbreak of COVID-19 in South Korean in 2020. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 06, 2026. /statistics/1296519/south-korea-stock-investment-behavior-of-millionaires-after-covid-19/
Hana Institute of Finance. "Changes in Stock Investment Behavior of Millionaires after The Outbreak of Covid-19 in South Korean in 2020." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 8 Mar 2021, /statistics/1296519/south-korea-stock-investment-behavior-of-millionaires-after-covid-19/
Hana Institute of Finance, Changes in stock investment behavior of millionaires after the outbreak of COVID-19 in South Korean in 2020 ÌÇÐÄÆÆ½â°æ, /statistics/1296519/south-korea-stock-investment-behavior-of-millionaires-after-covid-19/ (last visited August 06, 2026)
Changes in stock investment behavior of millionaires after the outbreak of COVID-19 in South Korean in 2020 [Graph], Hana Institute of Finance, March 8, 2021. [Online]. Available: /statistics/1296519/south-korea-stock-investment-behavior-of-millionaires-after-covid-19/