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ZURICH: Global personal wealth surged last year, with a record number of new millionaires, according to a study conducted by Swiss bank UBS.

Last year saw nearly one million people worldwide become 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.