Stock Surge Saw US Add More Than 379,000 Millionaires Last Year

The US added more than 1,000 new millionaires per day last year, with surging stocks driving the wealth increase, according to a new report from UBS.

There were more than 684,000 millionaires created worldwide in 2024, including over 379,000 in the US. Overall, wealth increased 4.6% across the globe, though the “speed of growth was far from uniform, largely titled toward the US,” according to UBS’ 2025 Global Wealth report.