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Home Wealth

How many millionaires in the world? 57.5 million in 2025

by Rena Tran
October 18, 2026
in Wealth
Modern city skyline with office buildings, representing global wealth and financial centres

There were 57,500,000 US dollar millionaires worldwide as of 31 December 2025, according to UBS's Global Wealth Report 2026. That count covers adults with a net worth of at least USD 1 million across 56 markets that UBS estimates hold over 92 per cent of world wealth.

The number rose by 1.5 per cent in 2025, adding nearly one million new millionaires, or more than 2,600 per day. Other publishers count millionaires using different definitions, so their figures differ and must never be added or averaged. Capgemini counted 25,300,000 people worldwide with at least USD 1 million in investable assets as of 31 December 2025. Knight Frank counted 713,626 people with net worth of at least US$30 million as of 23 April 2026. Henley & Partners counted 135,694 crypto millionaires holding USD 1 million or more in digital assets as of 8 September 2026.

Key figures

  • 57,500,000 US dollar millionaires worldwide (UBS, net worth of USD 1 million or more) (as of 31 December 2025)
  • 1,000,000 new US dollar millionaires in 2025, approximately (UBS: "nearly one million") (as of 31 December 2025)
  • 2,600 new US dollar millionaires a day in 2025, at least (UBS: "more than 2,600 per day") (as of 31 December 2025)
  • 1.5% rise in the number of US dollar millionaires worldwide in 2025 (UBS) (as of 31 December 2025)
  • 25,300,000 people worldwide with USD 1 million or more in investable assets (Capgemini HNWIs) (as of 31 December 2025)
  • 250,000 people worldwide with USD 30 million or more in investable assets, approximately (Capgemini ultra-HNWIs: "roughly 250,000") (as of 31 December 2025)

What this page measures

This page tracks how many millionaires there are in the world, using figures from four publishers that each apply a different definition. UBS counts adults whose net worth (financial assets plus real assets such as housing, including private pension assets, minus debts) is at least USD 1 million. Capgemini counts high-net-worth individuals with at least USD 1 million in investable assets, excluding their main home, collectibles, consumables and consumer durables. Knight Frank counts people with net worth of at least US$30 million. Henley & Partners counts residents with at least USD 1 million in liquid investable wealth (listed shares, cash, bonds and crypto, with property excluded). Because the definitions differ, the counts differ and must be quoted separately, never added or averaged. Always name the publisher next to each figure.

The headline numbers

UBS counted 57,500,000 US dollar millionaires worldwide as of 31 December 2025. The number rose by 1.5 per cent in 2025, adding nearly one million new millionaires, or more than 2,600 per day as of 31 December 2025.

Capgemini counted 25,300,000 people worldwide with at least USD 1 million in investable assets as of 31 December 2025. That figure is less than half the UBS count because Capgemini excludes the main home, collectibles, consumables and consumer durables. The same report counted roughly 250,000 people worldwide with at least USD 30 million in investable assets as of 31 December 2025, up 9.4 per cent in 2025. The 25,300,000 high-net-worth individuals held 98.3 trillion US dollars of investable wealth as of 31 December 2025, up 8.7 per cent in 2025.

Knight Frank counted 713,626 people worldwide with net worth of at least US$30 million as of 23 April 2026, up from 551,435 in 2021. The same publisher counted 3,110 billionaires worldwide as of 23 April 2026.

Henley & Partners counted 135,694 crypto millionaires worldwide holding USD 1 million or more in digital assets as of 8 September 2026. That is a separate, narrower measure, not a subset of the UBS count.

Countries with the most millionaires

The United States had 23,627,000 US dollar millionaires as of 31 December 2025, more than the next four countries combined. Mainland China had 5,305,000, Japan had 2,902,000, Germany had 2,648,000 and the United Kingdom had 2,428,000 as of 31 December 2025.

Countries with the most US dollar millionaires, end of 2025 (UBS)

Market USD millionaires Change in 2025 (people) Change in 2025 (%)
United States 23,627,000 441,078 1.9
Mainland China 5,305,000 14,079 0.3
Japan 2,902,000 31,428 1.1
Germany 2,648,000 24,263 0.9
United Kingdom 2,428,000 43,139 1.8
France 2,388,000 34,604 1.5
Australia 1,634,000 25,089 1.6
South Korea 1,317,000 20,227 1.6
Netherlands 1,294,000 n/a n/a
Italy 1,235,000 28,596 2.4
Spain 1,077,000 32,707 3.1
Switzerland 944,000 8,907 1
India 944,000 31,033 3.4
Taiwan 772,000 9,864 1.3
Hong Kong SAR 628,000 1,891 0.3
Belgium 556,000 n/a n/a
Sweden 507,000 n/a n/a
Russia 447,000 21,951 5.2
Brazil 386,000 9,215 2.4
Saudi Arabia 348,000 8,718 2.6

Source: UBS, Global Wealth Report 2026. UBS publishes counts in thousands (shown here x1,000). Top 20 of the 34 markets in UBS's 'Millionaire Index' chart; Canada is not shown in UBS's 2026 chart. 'n/a' = market not shown in UBS's 2024-2025 growth chart.

The United States added 441,078 millionaires in 2025, a rise of 1.9 per cent. Russia saw the fastest growth among the top 20 markets, adding 21,951 millionaires, a rise of 5.2 per cent as of 31 December 2025. India added 31,033 millionaires, a rise of 3.4 per cent, and Spain added 32,707, a rise of 3.1 per cent as of 31 December 2025.

High-net-worth individuals by region

North America had 9,200,000 high-net-worth individuals as of 31 December 2025, the most of any region in Capgemini's count. Asia-Pacific had 8,300,000 and Europe had 6,100,000 as of 31 December 2025.

High-net-worth individuals by region, end of 2025 (Capgemini)

Region HNWIs Change in 2025 (%)
North America 9,200,000 9.1
Asia-Pacific 8,300,000 9.4
Europe 6,100,000 6.5
Middle East 900,000 -1.4
Latin America 600,000 0.3
Africa 200,000 4.1
World 25,300,000 7.9

Source: Capgemini Research Institute, World Wealth Report 2026. HNWI = USD 1m+ in investable assets. Regional counts are read from Figure 2 of the full report (rounded to 0.1 million; they sum to 25.3 million). Growth rates are from the press release.

North America saw a rise of 9.1 per cent in 2025, Asia-Pacific rose by 9.4 per cent and Europe rose by 6.5 per cent as of 31 December 2025. The Middle East fell by 1.4 per cent, the only region to decline.

Cities with the most millionaires

New York had 384,500 millionaires as of 31 December 2024, the most of any city in Henley & Partners' ranking. The Bay Area (San Francisco and Silicon Valley) had 342,400, Tokyo had 292,300, Singapore had 242,400 and Los Angeles had 220,600 as of 31 December 2024.

Cities with the most millionaires (Henley & Partners, 2025 edition)

Rank City Millionaires
1 New York 384,500
2 Bay Area (San Francisco and Silicon Valley) 342,400
3 Tokyo 292,300
4 Singapore 242,400
5 Los Angeles 220,600
6 London 215,700
7 Paris 160,100
8 Hong Kong 154,900
9 Sydney 152,900
10 Chicago 127,100

Source: Henley & Partners with New World Wealth, World's Wealthiest Cities Report 2025. Residents with liquid investable wealth of USD 1m+ (property excluded), end-2024 data published 8 April 2025. Latest edition as of 17 Oct 2026.

London had 215,700 millionaires, Paris had 160,100, Hong Kong had 154,900, Sydney had 152,900 and Chicago had 127,100 as of 31 December 2024. The Henley & Partners count uses liquid investable wealth of USD 1 million or more, with property excluded, so it is not comparable with the UBS or Capgemini figures.

What changed since the last update

This is the first edition of this page; the next refresh will show what has changed.

Frequently asked questions

How many millionaires are there in the world?

UBS counted 57,500,000 US dollar millionaires worldwide as of 31 December 2025. Capgemini counted 25,300,000 people with at least USD 1 million in investable assets as of 31 December 2025. The counts differ because the definitions differ; UBS includes housing and other real assets, whilst Capgemini excludes the main home, collectibles, consumables and consumer durables.

Which country has the most millionaires?

The United States had 23,627,000 US dollar millionaires as of 31 December 2025, according to UBS. Mainland China had 5,305,000, Japan had 2,902,000, Germany had 2,648,000 and the United Kingdom had 2,428,000 as of 31 December 2025.

Which city has the most millionaires?

New York had 384,500 millionaires as of 31 December 2024, according to Henley & Partners' World's Wealthiest Cities Report 2025. The Bay Area (San Francisco and Silicon Valley) had 342,400, Tokyo had 292,300, Singapore had 242,400 and Los Angeles had 220,600 as of 31 December 2024.

How many new millionaires were created in 2025?

UBS counted nearly one million new US dollar millionaires in 2025, or more than 2,600 per day, as of 31 December 2025. The total number of millionaires worldwide rose by 1.5 per cent in 2025.

How many billionaires are there in the world?

Knight Frank counted 3,110 billionaires worldwide as of 23 April 2026. Capgemini counted roughly 250,000 people worldwide with at least USD 30 million in investable assets as of 31 December 2025, up 9.4 per cent in 2025.

Download the data

Download the tables as CSV (data as of 8 September 2026).

Related statistics

  • How many millionaires in the US? 23.6 million in 2025
  • UK Company Formations Statistics 2026
  • UK Sponsor Register Statistics 2026

Sources

  • UBS Global Wealth Report 2026 (full report, PDF)
  • UBS media release: Global Wealth Report 2026 (30 June 2026)
  • Financial Planning: US minted 1,200 millionaires a day in 2025 (UBS figures, 6 July 2026)
  • Capgemini press release: World Wealth Report 2026 (4 June 2026)
  • Capgemini World Wealth Report 2026 (full report, PDF)
  • Capgemini World Wealth Report 2026 landing page
  • Henley & Partners: The World's Wealthiest Cities in 2025 (press release, 8 April 2025)
  • Henley & Partners World's Wealthiest Cities Report 2025 (methodology)
  • Knight Frank Wealth Report 2026: Wealth Sizing Model 2026 results
  • Henley & Partners Crypto Wealth Report 2026 (press release, 8 September 2026)

Updated 18 October 2026. This page is refreshed automatically when new data is published; figures carry the date they are true for. Figures checked against their sources on 18 October 2026. Permanent link: https://millionaire.news/how-many-millionaires-in-the-world/

Last verified: 2026-10-18

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Rena Tran

Rena Tran

Staff writer and editorial researcher at Millionaire News, a business publication covering entrepreneurs, founders and executives across global markets. Rena covers founder stories, startup ecosystems and emerging business leaders across Asia, the Middle East and beyond.

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