Crafted wealth intelligence

For over fifteen years, we’ve been providing leading insights into global personal wealth through our Global Wealth Report. Over time, it’s become the reference point for those interested in the trends shaping wealth across the world.

Global Wealth Report 2025 teaser

A look inside this year’s Global Wealth Report

Here are just a few of the topics covered in the report:

  • How the world is getting progressively richer across all wealth segments, and which regions and markets are set to benefit,
  • The surprising rise of EMILLIs (also known as Everyday MILLIonaires) - a growing, yet often overlooked, category of investors.
  • Which of the markets we’ve analyzed have the most millionaires,
  • How the great horizontal and vertical wealth transfer might look in practice in key markets around the world.

Get more Global Wealth Report insights

Global Wealth Report 2025

Welcome to our Global Wealth Report 2025. The publication has been providing leading insights into personal wealth for more than fifteen years. Over time, it’s become the reference point for those interested in the trends shaping wealth across the world. This year’s report covers 56 markets, 471 USD trillion in global wealth and >92% of the world’s wealth.

Here are some of our key findings: The world became richer again in 2024 but it's a mixed picture. Wealth growth was tilted strongly towards North America, driven by a stable US dollar and upbeat financial markets. The United States and mainland China jointly account for more than half of the entire personal wealth in our sample. Switzerland and the United States lead in average wealth per adult, followed by Hong Kong SAR and Luxembourg. In median wealth per adult, Luxembourg comes out top, followed by Australia and Belgium. This year’s report highlights EMILLIs – Everyday MILLIonaires – an overlooked but growing wealth category with assets of USD 1–5 million. Our analysis shows the number of EMILLIs in the world has more than quadrupled to around 55 million since 2000. At the end of 2024, they accounted for around USD 61 trillion of total wealth net of inflation – more than double the amount at the end of 2000. A great horizontal wealth transfer is under way. Roughly USD 83 trillion are expected to be passed on within the next 20 to 25 years. Around USD 9 trillion of this wealth transfer will be horizontal, and mostly in the Americas. The world added over 680,000 new USD millionaires in 2024, slightly more than the year before. And we estimate an additional 5.34 million people will become USD millionaires by 2029, an increase of almost 9% over 2024.

For a deeper dive into wealth trends around the world visit ubs.com/gwr

Ready to start a conversation?

At ÃÛ¶¹ÊÓƵ, managing wealth is our craft. Contact us today to see how we can help you achieve your financial goals.
Let’s talk

Archive