Rich are Rolling in Cash: Global Wealth of the Rich Surges
Rich individuals' wealth has reached unprecedented heights.
Let the numbers speak! According to the Capgemini's Annual World Wealth Report, the wealth of the super-rich (those with over a million dollars, excluding primary residences) skyrocketed by an astounding 4.2% within just a year, hitting a record-breaking 90.5 trillion dollars. And the millionaires' club just got bigger, clocking in at 23.4 million members worldwide.
The real wealth stampede is happening in the land of the free. The USA welcomed an additional 562,000 millionaires, propelling their total count to almost eight million. Thanks to surging stock markets, they're sitting pretty with a collective wealth of 47.4 trillion dollars, leaving the other millionaires eating their dust.
Europe, on the other hand, isn't doing too hot. The continent witnessed a drop of 2.1% in wealthy individuals, mostly due to France's plummeting millionaire count of nearly 21,000. However, the ultra-wealthy in Europe saw a 3.5% increase, suggesting a concentration of wealth among the select few.
The breaks don't seem to be coming for Germany. The total wealth of the rich here remained relatively stagnant at 6.32 trillion dollars. This may be due to dropping real estate prices, as suggested by Capgemini.
Fun fact: The U.S. now boasts the youngest billionaire in the world, beating Taylor Swift's record. To put that in perspective, if this young whiz kid spent a cool million per day, it would take them more than 28,000 years to burn through their fortune. That's almost as old as the pyramids!
The Capgemini Research Institute's annual report covers 71 countries representing over 98% of global GDP and 99% of the market. They surveyed 6,472 dollar millionaires about their investment strategies and highlighted the upcoming wealth transfer of approximately $84 trillion, with many next-gen HNWIs ready to shake up the wealth management scene. Brace yourselves, folks, the wealth wars are heating up!
[1] The Global Wealth Report 2025 by Capgemini[2] The Global Wealth Report executive summary 2025 by Capgemini[3] ntv.de[4] dpa
Topics: Wealth, Millionaires, USA, Germany
- In light of the soaring wealth of the rich, it might be beneficial for the community to establish and regularly review a community policy that addresses personal-finance management, employment policy, and investing, especially in the context of small businesses and job opportunities for the local population.
- As the wealth of the global millionaires increases and the next-gen High Net Worth Individuals (HNWIs) prepare to take over, it's crucial for businesses to stay updated on the employment policy trends and possibly diversify their finance strategies to attract and retain top talent, all the while maintaining a competitive edge in the business landscape.
