Key facts
- Global personal wealth grew by 10.8% in 2025.
- Nearly one million new millionaires were created in 2025.
- The growth rate in 2025 was the fastest in years.
- Strong financial markets contributed to wealth growth.
- A depreciating U.S. dollar against the euro contributed to wealth growth.
- Wealth inequality deepened in 2025.
- The findings are from the UBS Global Wealth Report.
Global personal wealth saw a substantial increase of 10.8% in 2025, representing the most rapid growth observed in recent years. This surge resulted in the creation of approximately one million new millionaires, defined as individuals with U.S. dollar wealth exceeding one million. The findings are part of the latest UBS Global Wealth Report.
The report attributes this significant wealth accumulation to several factors, including the strong performance of global financial markets throughout the year. Additionally, a depreciating U.S. dollar against other major currencies, such as the euro, played a role in inflating the reported U.S. dollar value of wealth held internationally.
However, the UBS Global Wealth Report also highlights a concerning trend of deepening wealth inequality. While overall wealth grew, the distribution of this growth was not uniform, suggesting that the gap between the wealthiest individuals and the rest of the population may have widened. The report does not specify the exact mechanisms or extent of this inequality increase beyond its general observation.