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Newly Elected Officials Report Average Assets of 1.35 Billion Won

Summary by The Korea Times
Officials newly elected in June's local elections reported average assets of 1.35 billion won ($996,500), according to Government Ethics Committee data released Tuesday. The committee disclosed the personal assets of 1,259 individuals, including 563 local governors, mayors, councilors and education chiefs elected in the June elections. The others are 586 people who retired from elected offices and 110 appointed public officials. The average asse…

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(Seoul = Yonhap News) Reporter Lee Sang-hyun = The average assets reported by 563 public officials newly elected in the June 3 local elections were tallied at 1.3542 billion won.

·Seoul, Korea (the Republic of)
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It was found that the 563 public officials newly elected in the June 3 local elections possess an average of 1.3542 billion won in assets. This figure represents a decrease of approximately 250 million won compared to the average assets (1.59162 billion won) during the June 1, 2022 local elections. Candidates for heads of metropolitan and provincial governments, including Democratic Party leader Chung Cheong-rae, Seoul mayoral candidate Jung Won…

The average assets of the 563 public officials elected in the local elections on June 3 were tallied at 1.3542 billion won.

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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Monday, September 28, 2026.
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