The world added nearly a million new millionaires in 2025 — but most people got poorer

Global personal wealth grew by 10.8% in 2025, the fastest rate in at least three years, with nearly one million new U.S. dollar millionaires created over the course of the year, according to the UBS Global Wealth Report 2026. Despite the headline growth, median wealth — a measure that better reflects typical households rather than the wealthiest...