Overview
- The Allianz Global Wealth Report published Tuesday shows private financial wealth rose to a nominal €268.4 trillion for 2025, an 8.6% year-on-year increase.
- About four of every five euros of the 2025 increase came from capital-market value gains in stocks and securities rather than new savings or income.
- Germany’s gross financial wealth grew 4.9% to €9.9 trillion in 2025 and remained predominantly savings-driven, with net wealth per person around €91,780.
- Wealth is highly concentrated: the richest 10% hold roughly 85.4% of global net financial wealth, while nearly three billion people covered have virtually no net financial assets.
- Allianz forecasts another roughly 9% rise but warns that greater reliance on AI-influenced capital markets could magnify volatility and leave households without market assets more exposed to losses.