Countries creating highest number of new millionaires

The United States accounted for the largest number of new US dollar millionaires between 2024 and 2025, with 441,078 people joining the ranks, the Global Wealth Report 2026 shows.

The report says more than 2,680 people became US dollar millionaires each day in 2025.

The United Kingdom ranked second with 43,000 new millionaires, followed by France (35,000), Spain (33,000), Japan (31,000), India (31,000), Italy (29,000), Australia (25,000) and Germany (24,000).

Russia added 22,000 new millionaires, while South Korea recorded 20,000. China followed with 14,000, ahead of Taiwan with 10,000.

Ireland, Brazil, Switzerland, Israel and Mexico each added 9,000 new US dollar millionaires during the period.

The report highlights continued wealth creation across advanced and emerging economies, with the US maintaining its dominance by contributing nearly half of all new millionaires worldwide between 2024 and 2025.