Nearly one million people worldwide became millionaires in 2025, UBS report finds

Nearly one million people worldwide became millionaires in 2025, UBS report finds

ZURICH: Personal ‌wealth in 2025 grew at its fastest pace in years, creating nearly one million new US dollar millionaires worldwide, Swiss bank UBS said in its annual Global Wealth Report published on Tuesday.

Here are some details:

Total personal wealth globally rose by ‌10.8 percent last ‌year, up from 4.6 percent in ‌2024 ⁠and 4.2 percent in ⁠2023, as strong financial markets boosted growth, UBS found.

There were “more millionaires than ever, everywhere” in 2025, the bank said. The United States, where over ⁠440,000 people became new US ‌dollar millionaires, ‌accounted for almost half of this ‌growth.