Distribution of millionaires' real estate assets South Korea 2020

Published by L. Yoon, Jan 23, 2024
According to a survey conducted in South Korea in December 2020, nearly 50 percent of millionaires surveyed reported owning real estate assets worth between one and three billion South Korean won. Around eight percent of respondents even stated that their real estate assets were worth ten billion South Korean won or more.

Distribution of real estate assets of millionaire households in South Korean in 2020 (in billion South Korean won)

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Release date

March 2021

Region

South Korea

Survey time period

December 2020

Number of respondents

700 millionaires*

Method of interview

Online survey

Supplementary notes

*Millionaires are defined here as individuals who conduct transactions with domestic banks and have financial assets of one billion South Korean won or more.

1,000 South Korean won equals 0.83 U.S. dollars or 0.74 euros as of March 2022.

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Statistics on " Millionaires in South Korea "

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Overview

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Demographics

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Source of wealth

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Net worth

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Debt and savings

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Investments

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Public perception

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Topics

Millionaires in South KoreaLG Group of South Korea Real estate in South KoreaBanking industry in South KoreaCryptocurrency in South Korea
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