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Capgemini records accelerated growth in the number of millionaires, advancement of large fortunes, and record concentration of wealth in 2025
The world reached a new milestone in wealth creation in 2025. Data from the World Wealth Report 2026, released by Capgemini on June 4, 2026, shows that the number of millionaires and the wealth accumulated by this group reached unprecedented levels.
A survey by the consultancy indicates that the global population of people with more than US$ 1 million available for investment grew by 7.9% in the last year. The total reached 25.3 million individuals, almost 2 million more than recorded in 2024.
The combined wealth of this group also advanced significantly. The aggregated value reached US$ 98.3 trillion, a result that represents an annual growth of 8.7% and the largest advance since 2018.
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Financial markets and artificial intelligence drive wealth growth
Analysis by Capgemini shows that the performance of stock markets was the main driver of the expansion of large fortunes in 2025.
Gains associated with the advancement of artificial intelligence boosted investments and valuations in five of the six main economic regions evaluated by the report.
The slowdown in inflation also contributed to a more favorable environment for investors. This scenario strengthened financial assets and expanded wealth generation among high-income individuals.
However, wealth concentration continues to draw attention. The study reveals that only 1% of millionaires concentrate 34.8% of all investable wealth of this group.
Asia leads global growth and the United States expands leadership
The Asia-Pacific region showed the highest growth in the number of millionaires during 2025. The advance reached 9.4%, driven mainly by the semiconductor sector.
Japan and China stand out as the main highlights of this movement. Technological expansion and the strengthening of the chip industry helped sustain this result.
North America was close behind, with growth of 9.1%. The United States led the regional expansion by adding more than 736 thousand new millionaires in just one year.
The total number of American millionaires reached 8.7 million people, reinforcing the country’s position as the main global hub of private wealth.
Europe, Africa, and Latin America also record expansion
Europe showed a growth of 6.5% in the number of millionaires, according to Capgemini.
Africa recorded an increase of 4.1%, while Latin America had more moderate growth of 0.3%.
The Middle East was the only region analyzed that showed a decline. The number of millionaires fell by 1.4% due to the reduction in oil prices observed in the previous year.
Super-rich advance and reach about 250,000 people
The category of so-called super-rich also showed significant growth throughout 2025.
Capgemini considers a super-rich individual to have a minimum net worth of US$ 30 million.
The population of this group advanced by 9.4% and reached approximately 250,000 people worldwide.
The expansion demonstrates that the growth of global wealth continued to be concentrated among the segments with the highest financial assets.
Report shows historical expansion and reinforces debate on wealth concentration
Capgemini’s methodology considers only resources available for investment. The calculation largely excludes the value of the primary residence of respondents.
The study was prepared based on interviews conducted with 6,510 wealthy individuals from the Americas, Europe, Asia-Pacific, and the Middle East.
The result confirms that 2025 went down in history as one of the strongest years for the generation of private wealth on a global scale. The accelerated growth in the number of millionaires and record appreciation of assets show the strength of financial markets. The increasing concentration of resources, on the other hand, continues to raise questions about the direction of global wealth.
Does the expansion of great fortunes represent a sign of global economic prosperity or an indication that wealth concentration is becoming even more intense?
