The rise of North Korea’s new rich | NK News
NK News Logo
October 03, 2026Oct 03, 2026

Weapon Directory

Analysis

The rise of North Korea’s new rich

From washing machines to bulging waistlines, wealthy Northerners flaunt new wealth

Over the past two decades, North Korean authorities have struggled hard to keep up Stalinist appearances. Generally speaking, they have succeeded: for the casual short-term visitors can be forgiven for their belief that North Korea is still a Stalinist state. What is on display has not changed much – posters with sadistic U.S. imperialist monsters and muscular shock workers, military tunes booming out of loudspeakers and the pompous Stalinist architecture of Pyongyang being chief among them. However, there are things that officials cannot hide: the booming private economy and its unavoidable result – the growing gap between the haves and