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Global Business News

The Economic Times

Global Business / The Economic Times

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Nearly 1 million new millionaires created worldwide in 2025, UBS report finds

The year 2025 saw a striking 10.8% increase in global personal wealth, the highest growth rate in years, unleashing nearly one million new dollar millionaires across the globe. The United States was at the forefront, contributing over 440,000 millionaires to this count. Nevertheless, this wealth boom has not benefited everyone equally, as a stark divide remains, with many countries witnessing a drop in their median wealth.

30 Jun 2026 2:52 pm