In 2025, over 440,000 individuals in the United States became millionaires, driven largely by strong stock market performance, according to a report by the Swiss banking firm UBS. This accounted for nearly half of the global increase in millionaires during the year. However, the report highlights significant disparities in wealth distribution, noting that while average wealth per adult in the U.S. increased by nearly 10% since 2020, median wealth fell by almost 20% when adjusted for inflation. This indicates that the growth in wealth has been concentrated among a smaller segment of the population rather than being broadly shared. Financial assets like stocks and bonds make up nearly 79% of total wealth in the U.S., the highest proportion among all countries studied. The U.S. leads globally in the number of millionaires, with over 23.6 million, surpassing the combined total of the next nine countries. Countries like Switzerland and Luxembourg have the highest proportions of their populations classified as millionaires.
Bias read (Center): The article presents data from a financial institution regarding wealth distribution and does not exhibit overt ideological bias. It includes both positive aspects of wealth growth and critical observations about inequality, maintaining a balanced perspective without favoring specific political stig
