The 2025 Global Wealth Report by UBS, released today, indicates that wealth grew disproportionately fast last year in the United States, which accounted for nearly 40% of global millionaires.
However, the report also revealed over 80% of adults worldwide were well below that threshold, having a total net worth of under $100,000.
Over the next five years, the Swiss bank expects the average wealth per adult to continue growing, led by the United States and Greater China.
According to the UBS report, more than 379,000 people in the United States became new millionaires, averaging to over 1,000 each day.
Private individuals’ net worth rose 4.6% worldwide, and by over 11% in the Americas, driven by a stable U.S. dollar and upbeat financial markets.
Paul Donovan, chief economist at UBS Global Wealth Management stated, “This year’s report underscores the evolutionary shifts in wealth ownership, especially the growing influence of women and the enduring importance of property and long-term asset trends.”
UBS, who released the report, currently manage $6.1 trillion in assets in more than 50 markets around the globe.
By CEO NA Editorial Staff
