Number of dollar millionaires worldwide grows by 7.9% in 2025 to 25.3 million


06/05/2026

According to Capgemini's annual World Wealth Report, the number of high-net-worth individuals worldwide rose by 7.9% last year, reaching a total of 25.3 million.



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High-net-worth individuals are considered those who have assets worth more than $1 million, but this amount does not include the value of their main home. 

The total wealth of all individuals who are millionaires in dollars grew by 8.7% in 2025, marking the quickest rate of growth in five years, and reached a total of $98.3 trillion. 

In this group, there is a specific subset of individuals who are considered ultra-high-net-worth individuals, possessing a net worth exceeding $30 million.  There are roughly 250,000 such people around the world, which makes up about 1% of the total, yet they hold 34.8% of the group's assets.  In the last year, their count rose by 9.4%, and their total wealth grew by 9.7%. 

The total wealth of high-net-worth individuals in North America grew by 9.9%, reaching $32.9 trillion. In the Asia-Pacific region, it rose by 10.5%, amounting to $29.7 trillion. In Europe, the increase was 8%, totaling $20.5 trillion. Latin America saw a 5.1% growth, bringing the total to $9.6 trillion. In Africa, the wealth of high-net-worth individuals increased by 7%, reaching $2.1 trillion.  At the same time, in the Middle East region, the figure declined by 1.5%, reaching a total of $3.5 trillion. 

The count of high-net-worth individuals in North America rose by 9.1%, resulting in a total of 9.2 million such individuals.  Over the course of the year, the number of millionaires grew by 9.4% in Asia, reaching 8.3 million, by 6.5% in Europe, reaching 6.1 million, by 0.3% in Latin America, reaching 0.6 million, and by 4.1% in Africa, reaching 0.2 million.  In the Middle East, the count of millionaires dropped by 1.4%, resulting in a total of 0.9 million individuals. 

In 2025, 25% of the wealth of dollar millionaires was invested in stocks, which is an increase from 22% in the previous year. The percentage of their wealth held in cash and equivalents was 24%, up from 26% the year before. Additionally, 20% of their wealth was allocated to fixed-income assets, down from 18% the prior year.  The proportion of real estate investments stayed the same at 19%, whereas investments in alternative assets dropped from 15% to 12%.

source: capgemini.com