“America knows how to manufacture millionaires.

Over 440,000 people—or more than 1,200 a day—became millionaires in the U.S. in 2025, accounting for nearly half of the world’s new millionaires, according to an annual report on global wealth published Tuesday by UBS.

Here are a few highlights from the report:

  • The number of millionaires globally rose in 2025, reaching record levels in every market that UBS tracks.
  • More than 23.6 million Americans are now worth seven figures or more.
  • The fastest-growing segment globally, rising at a 7.3% clip over the past five years, were those with $50 million to $100 million in wealth.”

From Wall Street Journal.