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South Korea ranks 11th in number of billionaires in Global Wealth Report

Business Standard LogoBusiness Standard2 mo ago

South Korea ranks 11th in number of billionaires in Global Wealth Report - Business Standard

Quick Summary:

The global investment bank "Credit Suisse" released the "Global Wealth Report 2022" on the 20th; the figure of billionaires increased by 116,000 from 1.

In short, the number of UHNW individuals increased by more than 50 per cent over the past 2 years.

As of the end of 2021, the average asset per Korean adult was estimated to be USD 237,644 (about 331.16 million won) and the median was estimated to be USD 93,141 (about 129.79 million won).


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Article Details

Author / Journalist: ANI

Category: EconomyFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-22 @ 14:33:00 (2 months ago)

News Timezone: GMT +5:00

Ranking: #642 (out of 3278 stories this day)

News Source URL: business-standard.com

Language: English

Article Length: 590 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 465765

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About Business Standard

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Main Topics: EconomyFinance

Official Website: business-standard.com

Update Frequency: 149 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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