According to the UBS Global Wealth Report 2026, the number of people with at least US$1 million in net worth grew by 1.5% in 2025, adding nearly 10 la…

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United States: Home to 2.36 crore millionaires, the US accounts for over 40% of the world’s people with at least US$1 million in net worth. It added more than 1,200 new millionaires every day in 2025.

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Mainland China: With 53.05 lakh millionaires, mainland China has seen its high-net-worth population grow at a compound annual rate of more than 20% since the start of the millennium.

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Japan: Japan is home to 29.02 lakh millionaires, although the total has been significantly affected by the prolonged depreciation of the yen against the US dollar.

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Germany: Germany has 26.48 lakh millionaires. Its highest wealth segments have continued to grow with very few interruptions throughout the 21st century.

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United Kingdom: The UK is home to 24.28 lakh millionaires and added more than 43,000 new millionaires in 2025.

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France: France has 23.88 lakh millionaires, with about 4.5% of its adult population holding at least $1 million in net worth.

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Australia: Australia has 16.34 lakh millionaires and a high share of wealth invested in assets such as equities and mutual funds.

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South Korea: South Korea is home to 13.17 lakh millionaires. Its average real wealth per adult has grown by more than 55% since 2020.

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Netherlands: The Netherlands has 12.94 lakh millionaires and one of the world’s highest millionaire densities, with nearly 9% of adults having at least $1 million in net worth.

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Italy: Italy has 12.35 lakh millionaires and a relatively even wealth distribution, reflected in its Gini coefficient of 0.54, which is lower than that of many major economies.

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Where does India rank? India ranks joint 12th globally, alongside Switzerland, with 9.44 lakh people having at least $1 million in net worth. The country is also home to 211 billionaires, highlighting its growing wealth base.
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