When discussing global figures of immense wealth and political power, Kim Jong Un always enters the conversation.
As the Supreme Leader of North Korea, Kim Jong Un net worth is a reflection of his vast control over state resources, military assets, and foreign investments.
But how does a leader from a relatively closed-off country accumulate such immense wealth?
In this article, I’ll delve into the role of political power in his financial empire, explore his significant assets, and look at how his family’s legacy contributes to his enormous wealth.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Kim Jong Un |
| Popular Name | Kim Jong Un |
| Gender | Male |
| Birth Date | January 8, 1984 |
| Age | 40 (as of 2024) |
| Parents | Kim Jong Il, Ko Yong-hui |
| Siblings | Kim Yo Jong, Kim Jong-nam, Kim Jong Chul, Kim Sol-song, Kim Hye-kyung |
| Birthplace | Pyongyang, North Korea |
| Nationality | North Korean |
| Ethnicity | Korean |
| Education | Kim Il Sung University |
| Marital Status | Married |
| Spouse | Ri Sol Ju |
| Children | Kim Ju-ae (1 confirmed) |
| Dating | N/A |
| Net Worth | $5 billion |
| Source of Wealth | Political leadership, state control |
| Height | 5 ft 7 in (170 cm) |
What is the Net Worth Of Kim Jong Un in 2024?
In 2024, Kim Jong Un’s net worth is estimated at around $5 billion.
This fortune places him among the world’s most financially powerful political leaders, controlling vast resources in North Korea, including state-owned assets, foreign bank accounts, and luxury properties.
Compared to other high-profile figures, Kim’s wealth is considerable, though often shrouded in secrecy due to North Korea’s isolation.
Here are other notable figures in politics and business who are often mentioned alongside Kim Jong Un:
- Donald Trump
- Vladimir Putin
- Xi Jinping
- Dennis Rodman
- Kim Jong Il
- Kim Yo Jong
- Jang Song Thaek
- Workers’ Party of Korea
- North Korean government
- Korean People’s Army
To see how he compares with other wealthy leaders, check out our article on world’s wealthiest political figures.
Kim Jong Un Salary and Finance Overview
His Political Power and Financial Empire
Kim Jong Un’s wealth is intricately tied to his role as the Supreme Leader of North Korea. His ascent to power following the death of his father, Kim Jong Il, has allowed him to consolidate control over the country’s resources.
His financial empire stems not only from his leadership position but also from his strategic use of state assets, including control over the military and economic reforms that have bolstered his grip on North Korea’s wealth.
His Assets: Palaces, Luxury Cars, and More
A large part of his fortune is tied up in his collection of luxury assets. He reportedly owns over 20 palaces and mansions spread across North Korea, along with a fleet of over 100 luxury cars.
These lavish properties and vehicles aren’t just status symbols but also play a crucial role in demonstrating his power.
His cars range from high-end European brands to custom-built armored vehicles.
Foreign Bank Accounts and Hidden Wealth
The vast majority of his financial assets are held in foreign bank accounts scattered across multiple countries, including Switzerland, China, and Russia.
According to reports, the Kim family controls over 200 bank accounts worldwide, many holding substantial sums in cash.
This hidden wealth allows him flexibility in international dealings, despite ongoing sanctions.
His Investments in North Korea’s Economy
Despite the hardships North Korea faces, he has made significant strides in economic development.
His government has invested heavily in infrastructure projects like skating rinks, parks, and tourist attractions aimed at improving the nation’s global image.
These ventures not only contribute to the country’s economy but also enhance his control over North Korean wealth.
Luxury Lifestyle: Private Jet, Yacht, and Private Island
His personal lifestyle reflects his immense wealth. He is known to travel in a private jet and owns a 100-foot luxury yacht, which he uses for lavish vacations on a private island.
These luxury possessions underscore his financial dominance and ability to enjoy a lifestyle that contrasts starkly with the struggles faced by the North Korean population.
Family Wealth and Inheritance
A significant portion of Kim Jong Un’s wealth is inherited from his father, Kim Jong Il, and his grandfather, Kim Il Sung.
The Kim dynasty has long controlled North Korea’s resources, and he continues to benefit from the legacy of his predecessors.
His siblings, notably Kim Jong Chul and Kim Yo Jong, also play roles in managing and protecting the family’s wealth.
International Relationships and Financial Influence
Kim Jong Un’s international relationships have a direct impact on his financial standing.
His diplomatic meetings with global leaders, including Donald Trump and Vladimir Putin, have had economic and political implications, leading to temporary sanctions relief and increased visibility on the global stage.
His ties with China continue to be critical in sustaining North Korea’s economy.
His Control Over State Enterprises
Finally, his financial power is closely linked to his control over state-owned enterprises. These enterprises, ranging from military supply chains to the nation’s energy resources, provide him with significant income streams.
By controlling these industries, he not only secures his financial future but also strengthens his hold over the country’s economy.
FAQs About Kim Jong Un
How did Kim Jong Un become the leader of North Korea?
He became the Supreme Leader of North Korea following the death of his father, Kim Jong Il, in December 2011.
How many luxury cars does he own?
He owns over 100 luxury cars, including European sports cars.
Does he own a private jet?
Yes, he owns a private jet, which he uses for international travel.
Where does his wealth come from?
His wealth comes from controlling North Korea’s state assets, military, and foreign investments.
Is he married?
Yes, he is married to Ri Sol Ju.
Does he have children?
He has at least one confirmed child, Kim Ju-ae.
What luxury possessions does he own?
He owns a private jet, a 100-foot yacht, and a private island.
Conclusion
Kim Jong Un is not just a political figure but a financial powerhouse with vast control over state and personal assets. If you’re curious about the financials of other influential figures, check out more of our articles at andomoney.com. Feel free to share your thoughts in the comments or explore more of our in-depth content!
