Report: South Korean high-net-worth individuals are increasing their allocation to gold and crypto assets while reducing their allocation to real est

 KB Financial Group released the "2025 South Korea Wealth Report," which analyzes individuals with financial assets and real estate exceeding 1 billion Korean won. The report shows that the number of high-net-worth individuals in South Korea is growing at an annual rate of 9.7%, increasing from 130,000 in 2011 to 476,000 in 2025. Their total financial assets are also growing at an average annual rate of 7.2%, rising from 115.8 trillion won in 2011 to 306.6 trillion won in 2025, surpassing the 300 trillion won mark for the first time this year.

In addition, within the asset portfolio of South Korea's high-net-worth individuals, the proportion of real estate assets has decreased, while the share of other assets such as physical assets like gold and jewelry, as well as crypto assets, has increased. (ETNews)