S. Korean gov’t officials reported to have average fortune of US$1.06 mil.

S. Korean gov’t officials reported to have average fortune of US$1.06 mil.

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Senior government officials in South Korea
appear to be getting richer. According to an annual report by the government
gazette, some 18-hundred officials had average fortunes of just over one million U.S. dollars,
as of the end of last year. Of those who disclosed their assets,… some
72 percent saw an increase in wealth compared to the year before. President Moon, meanwhile, saw his fortune
grow more than seven percent last year to just under two million dollars.

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