According to the asset holdings disclosed by high - ranking officials at South Korea ’ s economic ministries and offices , 80 percent of their total wealth is in the form of real estate assets . Though officials at the Ministry of Land , Transport and Maritime Affairs -- the regulatory body of the country ’ s real estate policy -- have a slightly larger proportion of real estate assets compared to the officials at other economic ministries and offices , and those at Fair Trade Commission hold major portions of their assets in savings and equities , the statistics can not be seen as a conclusive trend since the number of officials represented in the statistics is so small and the differences among individuals were so large . Most of the public officials who disclosed their asset holdings reside in the southern part of Seoul such as Kang - nam , Seo - cho , Song - pa districts or Bundang and Yong - san , if not Kang - nam , where home prices are among the highest in Seoul . According to the public officials ’ assets disclosure on Thursday , Strategy & Finance Ministry ’ s four high - ranking officials , Minister Kang Man - su , Vice minister Choi , Jung - kyung , Head of Planning Office No Dae - rae , Head of Financial Management Office Lee , Su - won disclosed their assets . These four public officials had 80 percent of their assets in real estate and 20 percent in financial instruments . Strategy & Finance Minister Kang Man - su owns 31 . 552 billion won in savings and 229 . 09 million won in equities , totaling 63 . 85 million won of financial assets , which is 18 . 4 percent of his total wealth of 374 . 75 million won . Vice minister of Strategy & Finance Ministry Choi Jung - kyung owns 496 . 67 million won , 20 . 6 percent of his total wealth of 24 . 280 billion won . Head of Planning Department Roh Dae - rae owns 260 million won in financial assets , 20 . 8 percent of his total wealth , and Head of Financial Management Lee Su - won owns 310 million won in financial assets , 26 percent of his total wealth . [ Eun - jung Kim / KHS ] [ ⓒ Maeil Business Newspaper & mk . co . kr , All rights reserved ]