Archive · 25 Jul 2026
Global Millionaire Growth: US Leads, India Ranks 6th
In 2025, nearly one million people around the world became new millionaires, despite economic uncertainty and inflation concerns.
The United States led the way, adding over 441,000 new millionaires, thanks to a strong stock market and technology sector.
Europe also saw significant wealth creation, with six countries in the top 10.
Asia, including India, Japan, South Korea, and China, contributed to the global trend.
India added more than 31,000 new millionaires, reflecting rapid economic growth and expanding entrepreneurship.
Other countries like China, Spain, Switzerland, the Netherlands, and Singapore also saw notable gains in new millionaires.
Nearly one million people became new millionaires globally in 2025.
The United States added over 441,000 new millionaires, leading the global rankings.
India ranked 6th, adding more than 31,000 new millionaires.
Europe had six countries in the top 10, including the UK, Germany, France, Italy, and others.
Asia's contribution included Japan, South Korea, China, and India.
- Who
- Global population, particularly in the US, UK, Germany, Japan, France, India, South Korea, Italy, Canada, and Australia
- What
- Creation of new millionaires
- When
- 2025
- Where
- Globally, with significant contributions from the US, Europe, and Asia
- Why
- Strong economic growth, technology sector gains, and high participation in financial assets
Economic Optimism
Economic Concerns
Wealth Creation
Economic Optimism
Strong stock markets and technology sectors drive significant wealth creation.
Economic Concerns
Economic uncertainty and inflation concerns pose risks to sustained wealth growth.
- Total New Millionaires Globally
- Nearly 1 million
- New Millionaires in the US
- 441,000+
- New Millionaires in India
- 31,000+
- Top 3 Richest Americans
- Elon Musk, Larry Ellison, Mark Zuckerberg
- Top 3 Richest Indians
- Mukesh Ambani, Gautam Adani, Savitri Jindal & family
- Report Source
- UBS Global Wealth Report 2026