Report: South Korea's high-net-worth individuals are increasing their allocation to gold and cryptocurrencies while reducing their allocation to real estate

According to South Korean media ETNews, KB Financial Group released the "2025 Korea Wealth Report," which analyzes individuals with financial assets and real estate exceeding 1 billion 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. The total amount of their financial assets is also growing at an average annual rate of 7.2%, rising from 1,158 trillion won in 2011 to 3,066 trillion won in 2025, and has surpassed the 3,000 trillion won mark for the first time this year.

In addition, the proportion of real estate assets in the asset portfolios of high-net-worth individuals in South Korea has decreased, while the share of physical assets such as gold and jewelry, as well as other assets like cryptocurrencies, has increased.