Pakistan, July 1 -- Global personal wealth recorded its strongest growth in years during 2025, creating nearly one million new US dollar millionaires worldwide, according to UBS's latest Global Wealth Report. The bank said stronger financial markets played a major role in boosting asset values, helping total personal wealth rise much faster than in recent years.

According to the report, global personal wealth increased by 10.8% in 2025, a sharp improvement from 4.6% growth in 2024 and 4.2% in 2023. UBS said the rapid expansion reflected stronger investment performance across financial markets, leading to record wealth creation and a significant rise in the number of high-net-worth individuals around the world.

The United States contribu...