KB Financial Group released the "Korea Rich 2025 Report", which analyzes those who have more than 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. Its total financial assets are also growing at an average annual rate of 7.2%, from 1.158 quadrillion won in 2011 to 3.066 quadrillion won in 2025, and exceeded the 3 quadrillion won mark for the first time this year.
In addition, the share of real estate assets in the portfolio of high net worth individuals in South Korea has declined, while the share of physical assets such as gold, jewelry, and other assets such as cryptoassets has risen. (ETNews)
Report: The asset portfolio of high net worth individuals in South Korea increases its allocation to gold and crypto assets, and decreases its allocation to real estate
2025-12-14 07:36:30
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