Over the past year, nearly 1 million new dollar millionaires emerged worldwide. That’s more than 2,600 people a day, or nearly two every minute, according to Euronews.
Although Eastern European countries showed the highest growth rates, the United States remains the absolute leader. Over the course of the year, the number of people with a net worth of over $1 million there increased by more than 441,000—accounting for nearly half of the global increase.
Lithuania topped the global ranking in terms of growth rate: the number of dollar millionaires in the country increased by 8%, or 921 people. Turkey came in second with 6.4% growth and 5,600 new millionaires. Next came Latvia (+5.7%), Hungary (+5.3%), and Ireland (+5.2%). Poland and Greece were also among the countries with the highest growth rates.
Growth rates were more modest in Europe’s largest economies, yet they accounted for the largest increase in absolute terms. The United Kingdom gained more than 43,000 dollar millionaires over the year, while France and Spain each gained more than 32,000. Germany and Italy also made it into the global top ten, each adding over 24,000 millionaires.
If we break these figures down into daily statistics, an average of 118 new millionaires appeared each day in the UK, 95 in France, and 90 in Spain.
According to UBS estimates, more than 40% of all the world’s dollar millionaires currently live in the U.S.—about 23.6 million people. Western European countries account for nearly a quarter of the world’s millionaires—about 15 million people.
The study’s authors note that the number of millionaires does not always reflect the true strength of an economy. This figure is influenced by real estate values, the size of private pension savings, tax policy, and opportunities for investment and savings. In addition, the extent to which the net worth of future millionaires was close to the $1 million mark a year earlier is also significant.
According to UBS, none of the 56 countries and territories included in the study ended 2025 with a decline in the number of dollar millionaires.
