Capgemini News & Analysis

Stock Markets Created 2 Million New Millionaires in 2025

The global population of millionaires increased by 7.9% to 25.3 million in 2025, according to the Capgemini World Wealth Report. Wealth among these individuals rose by 8.7%, totaling $98.3 trillion. The ultra-high-net-worth individuals (UHNWIs), defined as those with $30 million or more, grew by 9.4% to 250,000, with their total wealth increasing by 9.7%. The U.S. added 730,000 new millionaires in 2025, raising its total to 8.73 million, with combined fortunes reaching $31.3 trillion.