Report: South Korea's high-net-worth individuals increase allocation to gold and crypto assets, reduce allocation to real estate

Jinse Finance reported that KB Financial Group has released the "2025 Korea Wealth Report," which analyzes individuals with financial assets and real estate exceeding 1 billion KRW. The report shows that the number of high-net-worth individuals in 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 1,158 trillion KRW in 2011 to 3,066 trillion KRW in 2025, and surpassing the 3,000 trillion KRW mark for the first time this year. In addition, the proportion of real estate assets in the asset portfolios of Korea's high-net-worth individuals has declined, while the proportion of other assets such as physical assets like gold and jewelry, as well as crypto assets, has increased. (ETNews)