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?
5 answers
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.
DavidLee
Mon Jun 10 2024
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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.
Nicola
Mon Jun 10 2024
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MysticMoon
Mon Jun 10 2024
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