Wealthy South Korean Parents Spend 700 Million Won on Children’s Marriage

SEOUL, Feb. 5 (Korea Bizwire) – A new report has revealed that well-off parents in South Korea typically spend between 600 and 700 million won ($642,700) for their children’s marriage, with nearly half of their children already having inherited property. Account holders with over 1 billion won in assets spent an average of 570 million won [...]