UBS Wealth Report 2025: America added 1,000 new millionaires every day last year \ stacker news ~econ

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The 16th edition of the Global Wealth Report highlights the following regional and demographic themes:

Adults in North America were the wealthiest on average (USD 593,347) in 2024, followed by Oceania (USD 496,696) and Western Europe (USD 287,688).
Denmark, South Korea, Sweden, Ireland, Poland and Croatia recorded the biggest increases in average wealth, all growing at double digit rates (when measured in local currencies).
The number of USD millionaires rose 1.2% in 2024, an increase of more than 684,000 people compared to the previous year, with the US adding over 379,000 new millionaires. That’s more than 1,000 a day. The US, mainland China and France had the highest number of USD millionaires, with the US accounting for almost 40% of global millionaires.

Congrats America!!

Printer go brrrrr

So, you believe printer has created 1000 millionaires daily?

In the sense that it’s lowered the bar for entry

This makes sense. I wonder how many millionaires were there or US was creating per day in 1925?

This says more about dollars than US citizens.

Yes indeed. It's a global report about money/wealth but it should be marked as "report about fiat money".