Saturday 27 April 2024
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North Korea’s new rich ready to pay a typical month’s wage on iced coffee

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Young people in North Korea appear to be joining their counterparts around the world – unapologetically rich teenagers who regularly flaunt their lavish purchases and brazenly boast about their wealth, writes the Daily Mail.

As reported by the Washington Post, North Korea now has its very own percent – and they can be found in ‘Pyonghattan,’ the ‘parallel ­universe’ frequented by the rich kids of the Democratic People’s Republic.

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In this up-and-coming cosmopolitan world, North Korea’s ‘one-percenters’ enjoy wearing clothes from globally-recognised high street brands including Zara, H&M, Nike and Adidas.

Despite the official salary remaining less than $10 a month in North Korea, having some sort of disposable income has also become more commonplace, reports the daily.

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At the leisure complex in the middle of Pyongyang, visitors can frequent an upmarket restaurant and a coffee shop – where drinks are priced between $4 and $8.

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