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3h ago

Global Wealth Rises 10.8% in 2025 as Nearly One Million New Millionaires Are Created

UBS says market rallies, higher property values and currency moves drove gains that were concentrated at the top and could be reshaped by a large intergenerational transfer.

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The UBS logo is pictured on a building next to the Federal Palace of Switzerland, in Bern, Switzerland, December 11, 2025. REUTERS/Pierre Albouy
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Overview

  • The UBS Global Wealth Report published June 30, 2026, found total personal wealth grew 10.8% in 2025, the fastest pace in several years.
  • Nearly one million people entered US‑dollar millionaire status in 2025 with the United States accounting for roughly 440,000 of those new millionaires.
  • The report counted a record 3,302 billionaires, up about 13.1%, with much of the top‑end increase tied to strong tech and AI‑linked gains and major listings.
  • UBS highlighted that average wealth rose while median wealth fell in many markets, showing that gains were concentrated among wealthier households rather than across the typical household.
  • The bank warned that currency swings, stock and property market performance, and a large forthcoming intergenerational transfer will shape how future wealth is distributed and who benefits from market gains.