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The United States saw the creation of more than 1,000 new millionaires daily in 2024, totaling 379,000 for the year—a 1.5% increase from 2023, according to UBS. China ranks second with 6.3 million millionaires, while Turkey experienced the highest percentage growth at 8.4%. Despite market volatility in early 2025, US wealth remains stable, driven by Wall Street and a strong dollar. Globally, nearly 60 million millionaires hold $226 trillion in assets, with wealth concentrated in tech and real estate.

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Bonik Barta 24 Jun 25

UBS Report: 1,000 New Millionaires Added Daily in the United States

The United States is home to the highest number of millionaires in the world. In 2024, more than 1,000 new millionaires were created in the country every day, totaling 379,000 over the year—an increase of 1.5% compared to the previous year. According to a recent report by Swiss bank UBS, by the end of last year, the number of millionaires in the U.S. had reached 23.8 million. Report by CNBC.


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