Global personal wealth and stock market capitalization saw significant growth in 2025, with the number of billionaires increasing by nearly 13.1%. However, this rise is largely driven by asset appreciation at the top of the wealth pyramid, suggesting increasing wealth concentration.
A UBS global wealth report indicates that while average wealth increased, median wealth declined in Australia and many other nations, highlighting a growing divide. Over 25,000 Australians became millionaires last year, yet middle Australia's wealth is going backwards, largely driven by housing.
Il rapporto UBS evidenzia una crescita della ricchezza globale del 10,8% nel 2025, trainata dai mercati finanziari e dagli immobili. L'Italia, tuttavia, mostra stagnazione nella ricchezza media per adulto, sebbene il numero di milionari sia aumentato. L'invecchiamento della popolazione incide sulla distribuzione della ricchezza.
A new UBS report reveals global personal wealth grew 10.8% in 2025, with India outpacing many developed markets. India's wealth is rooted in real assets with less debt, and it now has as many millionaires as Switzerland, though wealth concentration remains high.
The UBS Global Wealth Report 2026 reveals Britain experienced the largest decline in household wealth among high-income economies since 2020, with average wealth per adult falling 23.2%. This decline is attributed to high inflation, the energy crisis, weak housing growth, and a lagging stock market, amidst an ongoing cost-of-living crisis and political pressure.
Der neue »Global Wealth Report« der UBS zeigt einen Rekordanstieg der Dollar-Millionäre weltweit im letzten Jahr, mit rund einer Million neuen Millionären. Fast die Hälfte davon lebt in den USA. Gleichzeitig verschärfte sich die Vermögensungleichheit, da das Medianvermögen sank, während das Durchschnittsvermögen stieg. In Deutschland gibt es über 2,6 Millionen Millionäre.
Elon Musk is poised to become the world's first trillionaire following SpaceX's massive IPO. The listing could value his stake in the company at $841 billion, pushing his total net worth with Tesla holdings past $1.11 trillion.
SpaceX is on the verge of its historic IPO, potentially valuing it at $1.8 trillion and making Elon Musk the first trillionaire. The offering, which includes X and xAI, faces scrutiny over financial performance despite ambitious future plans. Global markets are also reacting to renewed US-Iran tensions and US inflation data, impacting currencies and stocks.
Shanghai's municipal government has announced plans to research and develop compute futures, a new financial derivative, as part of its strategy to become a global wealth management hub. This marks the first official mention of compute futures by Shanghai authorities.
Hong Kong has surpassed Switzerland as the world's leading offshore financial center, a significant milestone reflecting a shift in global wealth creation towards mainland China. This development challenges narratives of Hong Kong's decline.
Global private financial wealth increased by 7.4% in 2025, driven by strong equity markets, with Germany's total wealth reaching $23.3 trillion. The 'super-rich' (UHNWIs with >$100M) in Germany grew to 5,000, holding 27.3% of the country's financial wealth, widening the wealth gap.
Hong Kong overtakes Switzerland as the world's largest cross-border wealth hub, with a 10.7% increase to $2.95 trillion, driven by Asia's growing wealth and deregulation efforts.
The journalist Patrick Radden Keefe on trying to unravel the double life and tragic death of 19-year-old Zac Brettler – and what it tells us about London’s dark underbellyFor decades, London has been a magnet for global wealth, a flashy playground for the super-rich. To one teenage boy, it contained an elite scene he desperately wanted to be part of: the oligarch class.Not just rich, but powerfully connected billionaires who amassed such huge fortunes with so few questions asked that they helped turn London into what was called the “dirty money capital” of the world. Zac Brettler began posing as the son of one. Within months, he was found dead on the riverbank in central London. He was 19 years old. Continue reading...
