Just five years ago, Mr. Kim (not his real name) was a member of a new social group in North Korea known as "tonju," or "masters of money."
This term describes the country's new rich, whose fortunes now often reach six-digit figures, who actively invest in the fast-growing market sector of the economy and who are a driving force behind the minor consumption boom so noticeable in North Korean cities nowadays.
Just five years ago, Mr. Kim (not his real name) was a member of a new social group in North Korea known as "tonju," or "masters of money."
This term describes the country's new rich, whose fortunes now often reach six-digit figures, who actively invest in the fast-growing market sector of the economy and who are a driving force behind the minor consumption boom so noticeable in North Korean cities nowadays.
Become a member for less than $4 per week.
Unlimited access to all of NK News: reporting, investigations, analysis
The NK News Daily Update, an email newsletter to keep you in the loop
Searchable archive of all content, photo galleries, special columns
Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts.
Subscribe now
All major cards accepted. No commitments – you can cancel any time.
SHARE
COPY LINK
X
MASTODON
