Crafted wealth intelligence

• Last year, global wealth rebounded from its 2022 slump.
• Wealth is steadily growing throughout the world – albeit at different speeds – with very few exceptions.
  
• The proportion of people in the lowest wealth bracket has shrunk since 2008, while the proportion of people in every other wealth bracket has grown.
  
• People are now three times as likely to have wealth exceeding USD 1 million than they were in 2000.
  

• A substantial share of people in our sample markets move between wealth brackets in their lifetime.
• In every wealth band and over any time horizon, it’s consistently likelier for people to climb up the wealth ladder than slip down it.
• Our analysis shows about one in three individuals moves into a higher wealth band within a decade.
• While extreme movements up and down the ladder are uncommon, they are not unheard of.

• Intra-generational inheritance often comes before inter-generational wealth transfer.
• USD 83.5 trillion of inherited wealth will be transferred within the next 20-25 years.
• We estimate USD 9 trillion of this will be shifted horizontally between spouses, the majority in the Americas.
• Over 10% of the total USD 83.5 trillion is likely to be transferred to the next generation by women.

• In 2023, millionaires already accounted for 1.5% of the adult population we analyzed.
• The United States had the highest number, at nearly 22 million people (or 38% of the total). Mainland China was in second place with just over six million – roughly double the number of the United Kingdom, which came third.
• By 2028, the number of adults with wealth of over USD one million will have risen in 52 of the 56 markets in our sample.
• In at least one market – Taiwan – this increase may reach 50%. Two notable exceptions are expected to be the United Kingdom and the Netherlands.

Factsheets for media use

• Brazil and Mexico ENBrazil and Mexico factsheet in ENESBrazil and Mexico Factsheet in ESPTBrazil and Mexico factsheet in PT
• USA and Canada ENFactsheet for USA and Canada in EN
  

For media inquiries

• mediarelations@ubs.com
• Americas: +1-212-882 58 58Telephone number of Americas
  

Contact Number For APAC

Factsheets for media use

• Australia ENAustralia Factsheet in English
• Hong Kong SAR version – Mainland China, Hong Kong SAR and Taiwan ENHongkong SAR Version factsheet in ENTCHongkong SAR version Factsheet in TC
  
• India ENIndia Factsheet in EN
• Japan ENJapan Factsheet in ENJPJapan factsheet in Jp
• Mainland China version – Mainland China, Hong Kong SAR and Taiwan ENMainland China version in ENSCMainland China version in SC
• Singapore ENSingapore Factsheet in EN
• Taiwan version – Mainland China, Hong Kong SAR and Taiwan ENTaiwan version in ENTCTaiwan version in TC

For media inquiries

• mediarelations@ubs.com
• APAC: +852-297-1 82 00Telephone Number of APAC

Contact Number For APAC

Factsheets for media use

• France ENFrance Factsheet in ENFRFrance factsheet in FR
• Germany ENGermany Factsheet in ENDEFactsheet in DE
• Italy ENFactsheet in ENITFactsheet in IT
• Israel and South Africa ENIsrael and South Africa factsheet in EN
• Saudi Arabia and United Arab Emirates ENSaudi Arabia and United Arab Emirates factsheet in EN
• Spain, Portugal and Greece ENSpain, Portugal and Greece Factsheet in ENESSpain, Portugal and Greece Factsheet in ES
• Switzerland ENSwitzerland Factsheet in ENDESwitzerland factsheet in DEFRSwitzerland factsheet in FRITSwitzerland factsheet in IT
• UK ENUK Factsheet in EN

For media inquiries

• mediarelations@ubs.com
• EMEA: +41-44-234 85 00Telephone number of EMEA

Contact Number For APAC