Kim Jong-Un’s wealth is believed to be in the billions, but his people are probably fighting for scraps at this very moment.
North Korea: the Hermit Kingdom in Asia that is most famous for its huge arsenal of nuclear weapons, its people impoverished and famished, and a leader so rich he trumped America’s Donald Trump in terms of wealth.
Rich Among the Poor
It’s difficult to say just how much the name Kim Jong-Un is worth of, but recent estimates give a ballpark figure of around USD$5 billion.
And while his green stacks may still pale in comparison to that of the world’s wealthiest people, like Amazon’s Jeff Bezos or Microsoft’s Bill Gates, Forbes, however, ranks Kim as one of the world’s richest leaders.
A joint investigation conducted a few years back by South Korean and American officials discovered USD$5 billion worth of assets controlled by Kim and his family. According to the report, the Supreme Leader’s massive wealth is stashed away in over 200 overseas bank accounts located in Austria, Switzerland, Luxembourg, and Lichtenstein. He also got some reserves stocked in Russia, Singapore, and China.
Considering how little an average North Korean earns in a year, which is around USD$1,000 – USD$1,500, Kim might as well be living like a god with that ridiculous amount of money he possesses in his name.
The fact of the matter is, he does!
Kim’s way of life is a far cry from his fellow countrymen who, probably at this very moment, are fighting for scraps.
The Sweet Life
Kim reportedly spends on average, around $30 million per year importing expensive liquors into the country for his and his cronies’ consumption. Like his father, Kim Jong-il, the current leader is an avid drinker of Hennessy. A bottle of this cognac can cost up to $2,000.
Kim 3.0 is also known to spend extravagantly on food. His choice of meat, for example, comes from Denmark. The caviar he eats is delivered from none other than the most exclusive producer in Iran. This is just but to mention a few. Although there’s no exact figure on how much he pays for these, it is estimated that his household spends millions just for food.
What is a billionaire without his yacht? Kim, like most of his “kind”, owns a 200-foot Princess yacht which he acquires for an estimated value of $8 million. As indicated in a brochure for the vessel, Kim’s yacht should have an “expansive flybridge deck, generous staterooms, and full-width saloon and dining area…”
On land, DPRK’s main man reportedly owns an expansive garage filled in every corner with expensive cars to number around a hundred! His brand of choice is Mercedes-Benz. One of his most priced steeds is the Benz S600 which values around $1.7 million due to its customized protection system.
If you could still bear with the details, then let us further mention the fact that Kim also has his own private jet he aptly named the Air Force Un, and it is laden with all kinds of aviation luxury you could ever imagine. To go along with the Un is his private runways conveniently located near his palaces.
Speaking of palaces, reports claimed that Kim has 17 of them scattered around North Korea. He’s even got his own private island!