The global landscape of wealth is shifting dramatically, with recent reports indicating a significant surge in the millionaire population worldwide. According to the latest Global Wealth Reports for 2025, the number of individuals with net assets of at least $1 million (USD) has now surpassed 80 million globally, a figure that translates to approximately 1 in 100 adults in the world now holding millionaire status. While the given statistic of “1 in 140” suggests a slightly different calculation, the trend is clear: wealth concentration is accelerating globally.

This unprecedented growth in the millionaire class is driven by a confluence of factors, including robust stock market performances, appreciating real estate values, and the continued expansion of emerging economies. In 2024 alone, over 684,000 new millionaires were created worldwide, with a substantial portion of this growth concentrated in specific regions.

The United States continues to lead the pack, boasting over 24 million millionaires, accounting for nearly 30% of the global total. The country added more than 1,000 new millionaires daily in 2024, largely due to booming stock portfolios and real estate appreciation. Mainland China follows in second place with approximately 6 million millionaires, with other notable increases seen in Japan and India.

A significant portion of this growing affluent group falls into the category of “Everyday Millionaires” (EMILLIs), defined as individuals with $1 million to $5 million in investable assets. These self-made individuals, often accumulating wealth through entrepreneurship, investments, and diligent savings, now account for over 55 million of the global millionaire population.

“The rise in the number of millionaires reflects a dynamic global economy, but also highlights growing disparities in wealth distribution,” noted a financial analyst based in Ahmedabad. “While more people are achieving millionaire status, wealth is increasingly concentrated in the hands of high-net-worth individuals.”

Experts predict this trend will continue, with projections indicating further increases in the millionaire population in the coming years, driven by ongoing technological innovation, globalization, and significant generational wealth transfers. This evolving economic landscape presents both opportunities and challenges for global financial systems and societal structures.