A new world report reveals that global wealth held by millionaires hit a record $98.3 trillion in 2025, an increase of 8.7 per cent.
The 2026 edition of the Capgemini Research Institute’s World Wealth Report says this was driven by strong equity markets, AI-linked technology stock gains, and easing inflation.
The global millionaire population of high-net-worth individuals grew by nearly 2 million to reach 25.3 million people.
Africans possessing at least $1 million in investable assets, excluding their primary residence, grew by 4,1 per cent.
Morocco was the standout performer at 16.8 per cent, registering the fastest growth of high-net-worth individuals on the continent.
