EMEA Region Set Pace For Strongest 2025 Wealth Growth, Followed By Americas - UBS Study

Editorial Staff

1 July 2026

In 2025, global personal wealth rose by 10.8 per cent in dollar terms, beating the 4.6 per cent growth of 2024 and the 4.2 per cent rise in 2023, said in an annual report.

Wealth growth was strongest in Europe, the Middle East and Africa, at 17.5 per cent, followed by the Americas at 8.5 per cent. Asia?Pacific recorded growth of 5.9 per cent, an acceleration from 2024. These regional differences partly reflect currency movements – most notably the depreciation of the dollar – which amplified wealth increases outside the US.

Adults in North America remained the wealthiest on average, with average wealth per adult of $660,000, followed by Australia and New Zealand at almost $590,000, while Western Europe reached over $330,000, according to the 17th edition of the Global Wealth Report.

Such data can help private banks and wealth managers calibrate their resources, identify the most profitable booking centres and where to deploy teams.

Switzerland continued to top the ranking for average wealth per adult at $910,382, followed by the US and Luxembourg.

Since 2020, South Korea has led growth in real average wealth per adult across the markets analyzed, with gains of more than 50 per cent, alongside increases above 25 pe cent in Croatia, Norway, Latvia, Taiwan, and Bulgaria.

Millionaires
The number of dollar millionaires rose by 1.5 per cent last year, equivalent to nearly one million new millionaires globally, or more than 2,600 per day.

The US accounted for almost half of newly created millionaires in 2025, adding more than 440,000 individuals, followed by mainland China, Japan, Germany, the US and France, each counting over 2 million millionaires in total.

More than half of global personal wealth remained concentrated in the United States and mainland China combined.

The proportion of adults in the lowest wealth band, i.e. below $10,000, dropped from almost 7 per cent in 2000 to just over 41 per cent in 2025, even as middle and higher segments expanded.

Growth was particularly strong in wealth segments above $5 million – the “bigger siblings” of everyday millionaires with assets between $1 million and $5 million – which represent a fast growing group within the global affluent population.