How rich is Kim Jong-un really?
North Korean leader Kim Jong-un came to power in 2011 and is notable for his missile tests that have shocked the international community. Very little information about Kim Jong-un's private life has been revealed, except for speculation that he has a habit of spending lavishly. But how much wealth does Kim Jong-un actually possess?
North Korean leader Kim Jong-un.
According to media reports, since coming to power, Kim Jong Un has conducted more than 80 ballistic missile or nuclear tests. The supreme leader of North Korea has heightened global tensions and increased the risk of conflict with the United States.
Kim Jong Un also warned that the nuclear launch button is always under control and cautioned the US that his nuclear forces are now "completed" in his New Year's address.
Meanwhile, US President Donald Trump responded that the "nuclear button" in Washington is "bigger and stronger."
How much is Kim Jong-un's wealth?
Given that North Korea is one of the most secretive countries on the planet, it's impossible to know the exact amount of Kim Jong Un's wealth. However, The Squander estimates – based on UN statistics and spending reports – that Kim Jong Un's net worth in 2018 was approximately $7-10 billion.
Where does Kim Jong-un get his money from?
According to The Squander, most of his assets are held in bank accounts located around the world – including Central America, Europe, and Asia – and opened under various names.
A 2013 US-South Korean investigation conducted by Chosen Ilbo revealed that 200 North Korean bank accounts were linked to the export of counterfeit drugs, money, and weapons of mass destruction.
How does Kim Jong-un spend his money?Not much is known about Kim Jong Un's lavish lifestyle, and most of what the world knows comes from insider information and revelations from NBS basketball star Dennis Rodman.
It is believed that the North Korean leader possesses immense wealth and spends around $600 million annually. According to North Korean defectors, the supreme leader spends $30 million on alcohol each year. Kim is also said to enjoy superyachts, parties, fine wines, and cheese. He is also believed to own a £5 million superyacht, several bulletproof Mercedes limousines, and a private ski resort.
Kim also owns an island dubbed the "Ibiza of North Korea." He is also believed to own many houses, but in his main apartment in Pyongyang, he is said to have a 1,000-seat movie theater and a watch worth nearly $10 million.
North Korea never mentions the leader's assets, but always maintains that their leader is doing everything to develop and strengthen the country's position and is revered by the people.
How old is Kim Jong-un?According to North Korean authorities, Kim Jong Un was born on January 8, 1982. However, South Korean intelligence officials believe he was born a year earlier. Chicago Bulls legend Rodman supports this, stating that Kim Jong Un was born on January 8, 1983.
This means Kim turned 34 this week.
