Cryptocurrency Q&A What salary is considered upper class in Korea?

What salary is considered upper class in Korea?

Valentina Valentina Sat Jun 08 2024 | 5 answers 936
Could you please elaborate on the income level that is typically regarded as belonging to the upper class in Korea? I'm curious to know if there's a specific threshold or range that's widely accepted as indicating membership in this social stratum. Additionally, I'm interested in understanding if this figure fluctuates based on factors like regional differences, professional occupations, or other socio-economic variables. Could you provide some insight into this matter? What salary is considered upper class in Korea?

5 answers

PearlWhisper PearlWhisper Mon Jun 10 2024
The Korea Labor Institute's recent study reveals fascinating insights into the income disparities in Korea. Among the wealthy income earners, those belonging to the elite 0.1 percent enjoy an extravagant annual income averaging 360 million won.

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DavidLee DavidLee Mon Jun 10 2024
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Caterina Caterina Mon Jun 10 2024
This figure underscores the significant gap between the ultra-rich and the majority. While these extremely wealthy individuals reap immense financial rewards, the average income of the top 5 percent, though still substantial, stands at 68.4 million won.

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Nicola Nicola Mon Jun 10 2024
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MysticMoon MysticMoon Mon Jun 10 2024
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