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South Korea's Wealth Gap: The Top 10% Control Nearly Half of Net Assets

Jessica Bennett 10 Dec, 2024

South Korea's asset polarization is growing, with the top 10% holding 44.4% of net assets. The net asset Gini coefficient rose to 0.612, highlighting the widening gap. Real estate ...

Economy

South Korea's Wealth Divide: The Top 10% Control 43.5% of Net Assets

Olivia Carter 09 Dec, 2024

South Korea faces a widening wealth gap, with the top 10% of households holding 43.5% of net assets. Real estate is the primary driver of this disparity, accounting for 71.5% of to...