Kim Jong-Un’s Net Worth: Dictators are commonly associated with vast riches, but the extent of Kim Jong Un’s wealth may surprise you. As the Supreme Leader of North Korea, he ranks among the wealthiest individuals globally. Let’s delve into the details of Kim Jong Un’s net worth!
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Who is Kim Jong-un?
Kim Jong Un, born on January 8, 1982, 1983, or 1984, is a North Korean politician who ascended to the role of supreme leader in 2011, succeeding his father, Kim Jong Il. He has chaired the Workers’ Party of Korea since 2012.
Kim is the third son of Kim Jong Il and Ko Yong Hui, and the grandson of Kim Il Sung, the founder of North Korea.
Considering him as his father’s successor since late 2010, officials officially declared Kim the “Great Successor” after Kim Jong Il’s death in December 2011.
He holds multiple titles within the Workers’ Party of Korea and is the supreme commander of the Korean People’s Army.
Under Kim’s rule, North Korea remains a totalitarian state, characterized by a cult of personality akin to that of his father and grandfather.
He has faced international scrutiny, with a UN report in 2014 suggesting he could be tried for crimes against humanity.
Allegations include ordering executions of officials and the assassination of his half-brother, Kim Jong Nam, in 2017.
Kim Jong Un has overseen significant developments in North Korea’s nuclear weapons program, leading to heightened tensions with various nations.
Despite engaging in summits with South Korean and US leaders, efforts toward nuclear disarmament and reunification of Korea have stalled.
North Korea’s official narrative claims success in managing the COVID-19 pandemic, although skepticism exists among experts due to a lack of transparent reporting.
What is Kim Jong-un’s Net Worth?
Kim Jong-un, North Korea’s supreme leader, reportedly possesses a net worth of $5 billion.
While information about him is comparatively scarce compared to other global leaders, media attention on him has been significant.
In North Korea, Kim Jong-un holds various titles including Marshal, Chairman of the Central Military Commission, and Chairman of the State Affairs Commission, often addressed as “Dear Leader.”
Kim Jong-un, leading North Korea, has faced numerous controversies, with accusations of crimes including torture, abductions, and running prison camps.
Kim Jong-un's Net WorthPersonal Wealth
March 2013: Investigation reveals $5 billion in assets controlled by Kim Jong-un.
Assets found in 200+ foreign bank accounts worldwide.
Accounts in Austria, Liechtenstein, Russia, Singapore, China, Switzerland, Luxembourg.
Many of these accounts, notably in China, are purported to contain significant sums of cash.
Reports indicate that Kim possesses nearly 20 palaces and residences scattered across North Korea for his personal use.
Additionally, reports indicate he owns a collection of over 100 luxury automobiles, especially favoring European sports cars.
Furthermore, Kim Jong-un reportedly owns at least one private jet and a luxury yacht exceeding 100 feet in length.
Dennis Rodman claims Kim spends a substantial portion of his time on a private island off the coast of North Korea.
Early Life
The exact birth date of Kim Jong-un remains undisclosed, although North Korea officially states that he was born on January 8th, 1982.
Under an assumed identity, he attended school, where observers described him as reserved yet socially adaptable, with a keen interest in basketball.
However, by 2000, authorities withdrew him from secondary education and brought him back to North Korea.
Upon returning, Kim Jong-un enrolled at Kim Il-sung University in Pyongyang, where he specialized in physics and underwent military training, ultimately graduating in 2007.
His public introduction to North Korean society occurred in 2010, marking the revelation of his identity.
This was also the year when he officially joined the Worker’s Party of North Korea.
Leader Journey
Initially, Kim Jong-un wasn’t anticipated to assume leadership in North Korea.
Kim Jong-nam was favored until caught with a fake passport entering Japan.
This tarnished North Korea’s image, boosting Kim Jong-un’s position.
Kim Jong-nam claimed his criticism led to his exclusion.
Kim Jong-un was seen as akin to his father.
In 2009, he was designated successor to Kim Jong-il.
He steadily climbed the ranks within the Workers’ Party of Korea, attaining the equivalent of a four-star general by 2010.
By 2011, the regime began eliminating potential challengers to Kim Jong-un’s authority, either executing them or confining them to internment camps.
After Kim Jong-il’s death in December 2011, North Korea swiftly proclaimed Kim Jong-un as Supreme Leader, contrary to speculation about temporary regents.
In 2012, North Korea promoted him to the rank of marshal, the highest military position.
While nominally sharing power with the Premier and Parliament President, Kim Jong-un effectively wields supreme authority over the nation.
Since assuming leadership, Kim Jong-un has implemented notable reforms, albeit subtly introducing Western influences into the nation’s cultural landscape.
He has displayed a more relaxed demeanor publicly, showcasing his wife at a musical event and expressing remorse over a building collapse during his tenure.
Economic liberalization has been a hallmark of his rule, with considerable relaxation of restrictions. Infrastructure development has prioritized recreational facilities over political monuments, marking a departure from previous practices.
Despite warm ties, Trump criticized Kim over a US student’s death.
North Korea’s nuclear program sparks controversy.
In 2018, Kim met South Korean, Chinese, and US leaders
Subsequent meetings with Russian President Vladimir Putin followed suit.
These diplomatic engagements led to pledges of nuclear disarmament and pursuit of peace with other nations, marking historic instances of personal interaction between North Korean Supreme Leaders and foreign leaders.