Where do billionaires live in Korea?

Written by Editorial Team | Last Updated: August 2026

Ultra-high-net-worth individuals, conglomerate chaebol leaders, and prominent billionaires in South Korea are predominantly concentrated within elite residential enclaves in the capital city of Seoul. The most famous billionaire neighborhood is Seongbuk-dong and Hannam-dong, particularly exclusive gated areas like UN Village overlooking the Han River, which offer exceptional privacy, stringent security, and sweeping geographical layouts. Additional luxury residential pockets favored by corporate elites include upscale neighborhoods in Gangnam, such as Apgujeong-dong and Cheongdam-dong, known for high-end designer boutiques and luxury multi-million-dollar high-rise penthouses.

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