Snapshot from Jun 25, 2026 at 22:38 UTC. For live data and tracking: View Live
Events / Business / Global Millionaire Population Surges in 2025
Business wealth report

Global Millionaire Population Surges in 2025

Analysis based on 9 articles · First reported Jun 04, 2026 · Last updated Jun 04, 2026

Sentiment
70
Attention
4
Articles
9
Market Impact
Direct
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Market Impact

The significant increase in global HNWI wealth and population, as reported by Capgemini, indicates robust economic performance driven by strong equity markets and AI-related rallies. This trend suggests increased capital availability for investments and a potential boost for wealth management firms, particularly those adopting AI-enabled solutions to meet evolving client demands. The growth in HNWI populations in countries like the United States, Japan, and China highlights areas of strong economic activity.

Financial Services Technology
Event Summary

The Capgemini Research Institute's World Wealth Report 2026 reveals an 8.7% increase in global high-net-worth individual (HNWI) wealth in 2025, reaching a record USD 98.3 trillion. The global millionaire population grew by nearly 2 million to 25.3 million individuals, primarily driven by robust equity market performance and easing inflation, particularly fueled by AI-related rallies. Ultra-high-net-worth individuals (UHNWIs) saw the fastest growth, expanding 9.4% year-over-year. The United States led in adding new millionaires, while Asia-Pacific, particularly Japan and China, showed strong regional growth. Europe also rebounded, with Luxembourg and Germany showing significant increases. The report also highlights a shift in HNWI portfolio allocations towards equities and fixed income, with continued strong interest in alternative investments. Competition in wealth management has intensified, with HNWIs diversifying their advisory relationships due to a desire for better product access, especially to alternative investments. Capgemini emphasizes the need for wealth management firms to adopt augmented intelligence to deliver personalized experiences and improve operational efficiency, as only 17% of HNWIs describe their advisory experience as seamless and personalized.

Key Actions
80 United States added millionaires
60 Japan added millionaires
60 China added millionaires
40 Germany registered growth
40 Morocco registered growth
Entities Involved
stock
Capgemini
Capgemini published the World Wealth Report 2026, which details the significant increase in global HNWI wealth and population, driven by strong equity markets and AI-related rallies. This report enhances Capgemini's reputation as a thought leader in financial services.
Importance 90 Sentiment 70
cnt
United States
The United States added the most new millionaires globally in 2025, with its HNWI population growing by 9.2% to 8.7 million, indicating a strong economic performance.
Importance 70 Sentiment 60
per
Karthick Ramakrishnan
Karthick Ramakrishnan, CEO of Capgemini's Financial Services Strategic Business Unit, commented on the exceptional growth in global wealth and the evolving demands of HNWIs for personalized wealth management.
Importance 60 Sentiment 70
cnt
Japan
Japan was among the strongest performers in Asia-Pacific, adding 436,000 millionaires in 2025, contributing to the region's overall wealth growth.
Importance 40 Sentiment 50
cnt
China
China added 154,000 millionaires in 2025, contributing to the strong HNWI growth in the Asia-Pacific region.
Importance 40 Sentiment 50
cnt
India
India saw growth in its HNWI population, increasing by 11,300 individuals in 2025.
Importance 30 Sentiment 50
cnt
Australia
Australia's HNWI population increased by 18,100 in 2025.
Importance 30 Sentiment 50
cnt
Canada
Canada's HNWI population recorded a jump of 6.7% with 30,000 new millionaires.
Importance 30 Sentiment 50
cnt
Luxembourg
Luxembourg emerged as one of the highest-growth markets in Europe with a 13.5% HNWI population increase.
Importance 30 Sentiment 60
cnt
Germany
Germany registered an 11.1% growth in its HNWI population in 2025.
Importance 30 Sentiment 50
cnt
France
France saw a gain of 2.7% in its HNWI population.
Importance 30 Sentiment 50
cnt
United Kingdom
The United Kingdom saw a gain of 2.6% in its HNWI population.
Importance 30 Sentiment 50
cnt
Morocco
Morocco registered the fastest growth in Africa at 16.8% in its HNWI population, driven by higher precious metal prices.
Importance 30 Sentiment 60
cnt
Mexico
Mexico outperformed in Latin America, with HNWI wealth rising 5.4% and HNWI population rising 1.8%.
Importance 30 Sentiment 50
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