Over half of S. Korean lawmakers are millionaires

The latest mandatory asset disclosures of South Korean lawmakers show that more than half of the 300-member National Assembly were millionaires as of the end of 2025. According to data released Thursday by the National Assembly’s Public Ethics Committee, 287 lawmakers were subject to disclosure requirements, of whom 164 reported personal assets exceeding 1.5 billion won ($1 million). South Korea’s disclosure system covers properties, securities, cash savings, vehicles and virtual assets. Accordi

By The Korea Herald