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Top 0.1 pct of Wealthy S. Koreans Made 70 Times More than Median Income Earners in 2021

Top 0.1 pct of Wealthy S. Koreans Made 70 Times More than Median Income Earners in 2021

SEOUL, Feb. 25 (Korea Bizwire) — The top 0.1 percent of wealthy individuals in South Korea earned nearly 70 times more than the median income earners in 2021, data showed Saturday. Statistics from the National Tax Service cited by Rep. Yang Kyung-sook of the opposition Democratic Party also showed the share of the total income [...]