Global Wealth Report 2025

How is wealth created and distributed across the world?

The 16th edition of the Global Wealth Report provides a clear, detailed view of wealth in over 50 key markets across the globe.

What do these insights mean for you and your own wealth picture?

Managing wealth in today’s dynamic environment requires expert guidance from an advisor you can trust—backed by a global financial leader with more than 180 years of experience.

With the world getting progressively richer overall, the United States and mainland China are home to over half of the personal wealth in our study—and we expect them to drive global wealth over the next five years.

35%

of wealth worldwide held by US, due to high wealth per adult and large population

39.7%

of world’s millionaires are based in US—4x as many as mainland China

Want to know what opportunities this improving picture may create for you? Connect with a ÃÛ¶¹ÊÓƵ Financial Advisor.

This year's report features a growing category of investor: EMILLIs—also known as Everyday MILLIonaires—with assets of one to five million US dollars.

4x

increase in number of EMILLIs since 2000

107 trillion

of total wealth held by EMILLIs at end of 2024

Real estate

increase in real estate values drives growth in EMILLIs across the world

Want to understand how you can grow your wealth? Speak with a ÃÛ¶¹ÊÓƵ Financial Advisor.

Wealth allocation: Financial market investments are key in US

Securities and financial market investments account for over a third of all investments in the US:

  • 37% securities and financial instruments

  • 30% real estate

  • 19% insurance and pensions

  • 13% cash and deposits

Are you allocating your investments to align with your goals? Speak with a ÃÛ¶¹ÊÓƵ Financial Advisor.

The US will see largest volume of great wealth transfer

A great wealth transfer of USD 83 trillion will take place over the next 20 to 25 years, with women benefitting from both intra- as well as inter-generational shifts.

  • 9 trillion of 83 trillion will be horizontal between spouses
  • 74 trillion of 83 trillion will be vertical between generations
  • 29 trillion of the 83 trillion expected to happen in US

Have questions about how best to transfer wealth—or manage wealth you inherit? Let’s have a conversation.Ìý

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Report cover page of Global Wealth Report 2025.

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Gain insights into wealth trends in the US and around the world.

Approval Code: 20250925- 4564044; ExpirationÌý06/09/2026