Daegu is a city in South Korea. It is between Seoul and Busan, but is closer to Busan. Daegu is the fourth largest city in South Korea. About 2.4 million people live in Daegu. Of South Korea's 16 cities and provinces, Daegu is the poorest in terms of GDP per capita 2010 at $18,887 according to the IMF. However, Suseong district, is one of the wealthiest districts in the nation. It is also renowned for ultracompetitive and mostly gender-segregated public high schools, following closely the School District Eight in Gangnam and Seocho with their performance. Therefore, the wealth disparity within the city is wider than many other cities in Korea. For example, even though Daegu has the lowest GDP per capita, Daegu has the third largest percentage of residents who has the net asset higher than 1 Billion KRW, following Seoul and Busan and followed by Gyeonggi Province. Suseong district topped all other districts in metropolitan areas, minus Seoul.