U.S. Added 441,000 New Millionaires in 2025, UBS Report Finds
America minted more than 1,200 new millionaires daily last year, widening its lead as home to over 40% of the world's wealthy.
The United States created 441,078 new millionaires in 2025 — a pace of more than 1,200 per day — according to the UBS Global Wealth Report 2026 released this week. The surge represents a 1.9% increase over 2024 figures and cements America's outsized grip on global personal wealth, with the country now accounting for more than 40% of all millionaires worldwide.
The scale of that concentration is striking: while the U.S. represents roughly 4% of the global population, it is home to nearly half of the planet's millionaire class. The UBS data underscores how asset-driven wealth accumulation — historically tied to equity markets and real estate — continues to lift a significant slice of American households into seven-figure net worth territory even amid broader economic uncertainty.
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The 1.9% growth rate, while modest in percentage terms, translates into an enormous absolute number given the already large base of American millionaires. Analysts observing wealth trends note that sustained stock market performance and rising home values are the two most reliable engines behind millionaire formation, factors that remained broadly supportive through much of the measurement period covered by the UBS report.
The findings arrive as policymakers and economists debate wealth inequality, tax policy, and the widening gap between asset owners and those without significant holdings. The UBS Global Wealth Report is one of the most closely watched annual surveys of private wealth distribution, drawing on data across dozens of countries to map how prosperity is spreading — or concentrating — around the world.
Continue reading at Yahoo for the full UBS Global Wealth Report breakdown.