Kim Jong-il Net Worth

About Kim Jong-il

Born Yuri Irsenovich, Kim Jong-il (김정일) was  a statesman in North Korea, who lived from February 1941 to December 2011 and is thought to have had a net worth of $5 billion. Kim Jong-Il, the leader of North Korea, will be recognized as one of the most despotic and enigmatic leaders in contemporary history.

North Korean politician Kim Jong-il had an estimated net worth of $5 billion dollars at the time of his death, in 2011. Kim Jong-il served as the second Supreme Leader of North Korea from 1994 to 2011.

Kim Il-Sung and Kim Jong-suk, according to official North Korean reports, gave birth to Kim Jong-il in February 1941. According to the account, the enigmatic leader was born beneath a double rainbow. According to other claims, he may have really been born a year later in the old Soviet Union. Many people doubt the veracity of the North Korean government records that describe a large portion of his life.

His father led a regiment of exiled Chinese and Korean people. His official biography states that he received his education in Pyongyang, while unofficial accounts suggest that he might have attended school in the People’s Republic of China in order to keep himself safe during the Korean War.

Kim Jong-il’s Rise to Power

Alongside his father, he continued to be involved in politics as he became older. The younger Kim acquired the moniker “great leader,” when he was widely acknowledged as the heir presumptive to succeed his father, whilst the older Kim had the title “dear leader” He was frequently praised as North Korea’s fearless and best leader after his father. Kim was elevated to the position of Supreme Commander of the North Korean armed forces in December 1991.

in charge of North Korea

Throughout the 1980s and 1990s, reports said that the younger Kim was more authoritarian and demanding than his father. He allegedly did not tolerate even the tiniest dissent from his employees since he viewed it as a sign of disloyalty. He demanded total compliance.

Kim Jong-father il’s passed away from a heart attack in July 1994 at the age of 82, which ultimately resulted in Kim being named the nation’s supreme leader. But it didn’t happen right away; it reportedly took him three years to consolidate his control. He seized complete control when he assumed power.

Leadership and Style

His ongoing economic policies of independence have a variety of effects. North Korea continues to be the only nation in the world that does very little trade with other nations. It imports and exports merchandise, but only in very constrained and small amounts. When it came to crucial policy choices, he was characterized as conceited, frequently concentrating on the nation’s nuclear program. His extraordinarily repressive governing style effectively ruled over every facet of life in the nation. The movement of information within and outside the nation was strictly regulated by him. Tens of thousands of North Koreans are thought to have been housed in concentration camps utilized by Kim Jong-il to house unruly residents.

Legacy and Death

Kim passed away in December 2011 while riding a train outside of Pyongyang, possibly from a heart attack. Late in December, his funeral took place, and two days were observed as a time of sadness. At the end, he was given a permanent residence in Pyongyang’s Kumsusan Memorial Palace. Kim Jong-un, his son, took over as ruler after him.

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