Strong financial markets fueled enormous gains in wealth last year, as the rich got richer by even bigger margins, according to the annual UBS Global Wealth Report published on Tuesday.
Global personal wealth jumped 10.8% in 2025, topping gains of 4.6% a year earlier and 4.3% in 2023, and the number of millionaires in U.S. dollar terms rose by one million individuals, expanding in every market tracked by UBS. It was the fastest rate of growth in wealth since 2017.
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