Overview

• Global personal wealth recovered from a 2.4% decline in 2022 to post gains in both 2023 and 2024.
• The United States led the rebound with an 11% rise in private wealth and added over 379,000 U.S. dollar millionaires, averaging more than 1,000 a day.
• Nearly 40% of the world’s millionaires now reside in the United States, cementing its dominant share of high-net-worth individuals.
• Greater China topped growth in the $100,000 to $1 million wealth bracket, accounting for 28.2% of new entrants in that segment.
• Despite rising fortunes at the top, over 80% of adults hold less than $100,000 in net assets and about 1.6% are millionaires whose ranks are projected to expand by more than five million by 2030.