South Korea's high-net-worth individuals are increasingly allocating their wealth to gold and cryptocurrency, according to the "2025 South Korea Rich Report" by KB Financial Group. The report, highlighted by ETNews, reveals a significant shift in asset allocation among individuals with over 1 billion won in financial assets and real estate. While the number of wealthy individuals in South Korea is projected to grow from 130,000 in 2011 to 476,000 by 2025, their total financial assets are expected to reach 3,066 trillion won, marking a 7.2% annual growth rate. The report indicates a notable decrease in the proportion of real estate assets within their portfolios, with a corresponding increase in physical assets like gold and jewelry, as well as crypto assets. This trend reflects a broader diversification strategy among South Korea's affluent population, seeking to capitalize on the potential growth and stability offered by alternative asset classes.