Wealthier households mainly own financial and business assets
People with capital between $10k and $100k predominantly hold illiquid assets such as personal apartments and cars, but as wealth grows, the asset ownership structure shifts.
Source Scaled Finance
According to the data, those with over $1 million in capital hold about 50% of their wealth in liquid assets. Billionaires invest more than 70% of their assets into business and stocks, indicating a move toward more profitable and liquid investment forms.
This shows that increasing wealth is accompanied by a change in investment strategy aimed at higher returns and diversification. This trend may influence economic stability and capital market development in the future.