Numbers of Korean millionaires
1M~5M: 683,178
5M~10M: 45,002
10M~50M: 22,960
50M~100M:: 1,512
100M~500M: 772
+500M: 79
Numbers of worldwide multimillionaires (+500M)
1) USA: 1,144
2) China: 708
3) India: 225
4) Germany: 203
5) Russia: 161
6) Hong Kong: 132
7) England: 117
8) Switzerland: 97
9) Italy: 92
10) Canada: 85
11) Australia: 80
12) South Korea: 79
13) Japan: 71
14) Thailand: 70
15) Taiwan: 66
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Article: There are 753,503 Korean millionaires
Source: Kookmin Ilbo via Nate
1. [+562, -66] I'm the oldest son in the family and my monthly income is 1M won. So I'm also a millionaire.
2. [+427, -16] Being a millionaire was huge 30 years ago. In the present time, it's more about being a billionaire... Owning a place in Seoul also makes you a millionaire.
3. [+199, -11] Property-wise, I'm also a millionaire. I think it should only be counted on separate cash or something.
4. [+21, -7] 20 years ago, people used to say your lifetime earnings will never reach 100K. But now, you can only buy samgyupsal with 100K.
5. [+17, -1] If you own a place in the capital area, you're likely to be a millionaire.
6. [+16, -1] Are the statistics correct? If we consider the apartment market place, millions of people should be considered millionaires. I guess I can't even be a part of that, ugh.