Stocks push global millionaire count to 25 million, widening the wealth gap
Global millionaires grew 7.9% to 25.3 million in 2025 as stock markets rallied, with total wealth rising 8.7% to $98.3 trillion; UHNWIs (≥$30 million) expanded 9.4% to 250,000 and now hold 35% of all millionaire wealth, widening the gap. The US added 730,000 new millionaires to 8.73 million, Asia posted strong gains, and investors shifted toward equities and diversified advisory models, signaling a changing wealth-management landscape.