Overview

• The United States added 379,000 new U.S.-dollar millionaires in 2024—an average of more than 1,000 each day—bringing its total to nearly 24 million and almost 40% of the global millionaire population.
• Private individuals’ net worth climbed 4.6% worldwide to $226.47 trillion in 2024, led by an 11% expansion in the Americas powered by a stable dollar and robust financial markets.
• Global millionaire ranks reached about 60 million in 2024, holding combined assets of $226.47 trillion and accounting for roughly 1.6% of adults in UBS’s 56-market sample.
• The UK lost nearly 438,000 millionaires and saw mean household wealth drop 3.6% in 2024, while Switzerland and Luxembourg topped per-capita millionaire density with more than one in seven adults holding at least $1 million.
• Mainland China added about 141,000 new millionaires in 2024, Australia counts around 2 million millionaires (10% of adults), and South Korea ranked 10th with 1.3 million, underscoring regional disparities.