Global personal wealth surged in 2025, with a record number of new millionaires, Swiss bank UBS said on Tuesday.
Last year saw nearly one million people worldwide become US dollar millionaires — the equivalent of 2,600 people a day, according to the bank’s estimates.
The United States accounted for almost half of new millionaires in 2025, adding more than 440,000 individuals, followed by China, Japan, Germany, Britain and France, which each count more than two million millionaires in total.
Switzerland’s biggest bank, which is among the world’s largest wealth managers, produces the annual UBS Global Wealth Report, which assesses personal wealth trends.
It covers all financial and non-financial assets, primarily property, minus debts, with asset values converted into dollars.
