US Millionaire Boom: Wealth Jumps, But Not for All

In 2025, the United States witnessed an unprecedented surge in wealth creation, with more than 1,200 individuals achieving millionaire status each day. Globally, this milestone was reached by approximately 2,600 people daily. The U.S. now boasts a greater number of millionaires than the next nine countries combined, indicating a robust trend in wealth accumulation within its borders.

This expansion of millionaires is fueled by a significant global personal wealth increase of 10.8% last year, more than double the growth rates of 2023 and 2024. While America created the most millionaires, the fastest wealth growth occurred in Europe, the Middle East, and Africa, with an average rate of 17.5%. Switzerland led in average wealth per adult at $910,382, with the U.S. ranking second.

Despite the overall increase in average wealth in the U.S., which climbed nearly 10% since 2020, the median wealth has declined by almost 20%. This disparity suggests that recent wealth gains have disproportionately benefited high-net-worth households. The average wealth in the U.S. was $696,277, but the median wealth stood at a much lower $58,998, ranking 28th globally. This growing gap means many Americans are still far from their retirement financial aspirations.