US Adds 562,000 Millionaires as Global Wealth Climbs, Capgemini Finds

Capgemini’s 2025 World Wealth Report shows a 2.6 percent rise in millionaires, led by the United States, while Europe and Latin America lose ground.

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The United States produced more new millionaires than any other country in 2024, helping lift the global population of high-net-worth individuals (HNWIs) by 2.6 percent to 23.4 million, according to Capgemini’s World Wealth Report 2025, released this week.

The firm defines HNWIs as people with at least $1 million in investable assets, excluding a primary home and collectibles.