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

According to a report by South Korean media outlet ETNews, KB Financial Group released the "2025 South Korean Rich Report," which analyzes individuals with over 1 billion won in financial assets and real estate. The report shows that the number of high-net-worth individuals in South Korea is growing at an annual rate of 9.7%, 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%, from 1,158 trillion won in 2011 to 3,066 trillion won in 2025, surpassing the 3,000 trillion won mark for the first time this year. Furthermore, the proportion of real estate assets in the asset portfolios of South Korean high-net-worth individuals has decreased, while the proportion of physical assets such as gold and jewelry, as well as other assets such as crypto assets, has increased.