World Wealth Report: Two million more people became millionaires in 2025
A new report from Capgemini reveals that the global population of high-net-worth individuals grew by 2 million in 2025, with total wealth reaching a record $98.3 trillion. The report highlights significant wealth concentration among the ultra-wealthy and regional growth disparities across Europe.
Why it matters
The data underscores widening global wealth inequality and provides insight into the economic recovery and growth trends of the world's wealthiest individuals.
The number of high-net-worth individuals across the world rose by almost 2 million in 2025. Their collective wealth increased by 8.7% to a record $98.3 trillion (€86.2trn), the largest annual jump since 2018, according to Capgemini’s World Wealth report. But what’s causing that increase in wealth, are Europeans experiencing the boom and does a rise in the super rich do anything for the economy?In other words, why should an average European citizen care about this?In this episode of The Big Question, Stefan Grobe is joined by the Executive Vice-President of Capgemini, Gareth Wilson, to discuss their latest World Wealth Report. What is a high-net-worth individual?With almost 2 million new members, let’s first define what it takes to be labelled a high-net-worth individual (HNWI).The basic qualifier is that someone needs to have investable assets of greater than a million dollars, excluding their home.
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