Some of the charts in the full report talk about net inflation, but I’m not totally sure if that’s what this data’s showing.

https://www.ubs.com/global/en/wealthmanagement/insights/global-wealth-report/_jcr_content/root/contentarea/mainpar/toplevelgrid_5684475/col_1/innergrid/col_2/actionbutton.0724496775.file/PS9jb250ZW50L2RhbS9hc3NldHMvd20vc3RhdGljL25vaW5kZXgvZ2xvYmFsLXdlYWx0aC1yZXBvcnQtMDkwNzIwMjUucGRm/global-wealth-report-09072025.pdf

Is this more than just inflation + population growth?

Undisciplined

https://www.youtube.com/watch?v=ABvu0qZ2B6Q

kepford

More than 680,000 new people became millionaires in 2024, according to the latest 

 by Swiss bank UBS. In terms of percentage growth, the greatest increase was in Turkey, which saw an 8 percent rise in the number of millionaires year-on-year, followed by the United Arab Emirates, which saw an increase of 5.8 percent. Over the next five years, UBS analysts forecast North America and Greater China to be the main drivers of global wealth growth.

charts_and_numbers

> More than 680,000 new people became millionaires in 2024, according to the latest [annual report](https://www.ubs.com/global/en/wealthmanagement/insights/global-wealth-report.html) by Swiss bank UBS. In terms of percentage growth, the greatest increase was in Turkey, which saw an 8 percent rise in the number of millionaires year-on-year, followed by the United Arab Emirates, which saw an increase of 5.8 percent. Over the next five years, UBS analysts forecast North America and Greater China to be the main drivers of global wealth growth.
>
> [...]
>
> ![](https://m.stacker.news/106882)
>
> **[...read more at statista.com](https://www.statista.com/chart/30671/number-of-millionaires-and-share-of-the-population/)**