Pakistan, June 30 -- Global personal wealth grew at its fastest pace in several years during 2025, creating nearly one million new US-dollar millionaires worldwide. The increase was driven by strong financial markets, rising asset prices, and higher valuations of financial and real estate holdings. The trend affected households across major economies while highlighting widening wealth gaps.

According to the UBS Global Wealth Report 2026, total personal wealth increased by 10.8 percent in 2025. That was more than double the 4.6 percent growth recorded in 2024 and well above the 4.2 percent increase seen in 2023. UBS said there were "more millionaires than ever, everywhere" during the year.

The United States accounted for nearly half of a...