For the first time, the financial assets of German citizens exceeded the seven trillion euro mark.
According to the Bundesbank, private households owned around 7143 billion euros at the end of the first quarter.
This means the amount has increased by 192 billion euros since the end of 2020.
The central bank takes into account cash, securities, bank deposits and claims against insurance companies, but not real estate.
In particular, price gains on the stock exchanges had a positive impact.
The data do not reveal exactly how wealth is distributed.
Cash and sight deposits on current and overnight accounts, for example, continue to make up the largest item with a good 2858 billion euros.
Investors there earn nothing because of the slack interest rates, but they can access their money quickly if necessary.
The inflows in this area were, however, comparatively moderate at 47 billion euros in the first quarter.
Meanwhile, the Bundesbank found that »the increasing involvement in the capital market speaks for an increased awareness of returns«, referring to the stock market boom that has been observed for some time.
Private households bought shares in investment funds for 25 billion euros - more than ever before.
In addition, they bought shares and other equity securities worth 3 billion euros.
sbo / dpa