UBS

New Report Reveals How Many Americans Are Millionaires—and How Many the US Added in 2025

Julian Vance
Julian Vance
NewsHue Author
A person in a black hat sits in a chair with arms raised as currency notes fall around them.

The United States added more than 441,000 new millionaires in 2025 according to the latest Global Wealth Report from UBS. This increase accounts for nearly half of all new millionaires identified globally during the same period. The country now hosts approximately 23.6 million individuals with a net worth exceeding one million dollars.

Despite this growth at the top, the broader economic picture remains stagnant for the typical household. Median wealth per U.S. adult sits at approximately $69,000 which ranks the nation 28th globally. Experts note that these figures are heavily influenced by the performance of financial assets like stocks and retirement accounts rather than increases in take-home pay.

Personal wealth in the United States is uniquely sensitive to market fluctuations. About 80 percent of personal wealth is tied up in financial assets such as brokerage holdings and pension plans. When the stock market thrives, those already holding significant assets see their net worth balloon. Rising property values also push more individuals past the million-dollar threshold without changes to their actual income levels.

This data highlights a growing divide between the wealthiest households and the rest of the population. While average wealth figures remain high due to the sheer number of ultra-wealthy individuals, these numbers mask the reality for the average person. The concentration of gains among top earners continues to leave the middle class feeling as though their own financial progress is stalled.

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Julian Vance
Julian Vance
Julian Vance is a leading voice in business and finance journalism, breaking down market trends and economic policies.