Senior public officials log over 2 billion won in personal wealth on average: Data
Published: 26 Mar. 2026, 09:13
![The National Assembly building in Yeouido, western Seoul, is pictured on June 4, 2025. [YONHAP]](https://koreaseafood.online/data/photo/2026/03/26/93badedb-313b-445c-aca8-2269c12e69ee.jpg)
The National Assembly building in Yeouido, western Seoul, is pictured on June 4, 2025. [YONHAP]
Senior public officials in central and local governments have more than 2 billion won ($1.3 million) in personal wealth on average, data showed Thursday.
A total of 1,903 senior officials declared an average of 2.09 billion won in personal assets as of the end of 2024, up about 30 million won from the average figure a year earlier, according to data from the Government Ethics Committee.
Of the total, 616 officials, or 32.4 percent, had assets exceeding 2 billion won, followed by 538 with 1 billion won to 2 billion won and 374 with 500 million won to 1 billion won. The rest had less than 500 million won.
President Lee Jae Myung reported 4.97 billion won in assets, up 1.88 billion won from his last disclosure, mostly due to book royalties, his salary and unrealized gains from his exchange-traded fund investment.
Among members of the Cabinet, Minister of SMEs and Startups Han Seong-sook, a former chief executive of online portal giant Naver, disclosed 22.3 billion won in assets.
The committee will examine the asset declarations by June and take punitive measures if any irregularities are found.
Yonhap
with the Korea JoongAng Daily
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