Top 10 countries with the most millionaires in 2025: Where does India stand globally?

Top 10 countries with the most millionaires in 2025 list: The UBS Millionaire Index includes around 60 million millionaires globally, who collectively possess approximately $226.47 trillion in assets.

Top 10 countries with the most millionaires in 2025Top 10 countries with the most millionaires in 2025: India ranks among global top 20--check rank. (Image: Canva Pro)
Written by: Cherry Gupta
2 min readNew DelhiNov 7, 2025 06:14 AM IST First published on: Nov 5, 2025 at 12:41 PM IST

Top 10 countries with the most millionaires in 2025: Global wealth, following a decline in 2022, exhibited a resurgence in 2024, buoyed by a strong performance throughout 2023.

According to the UBS Global Wealth Report 2025, approximately 680,000 new millionaires in the United States Dollar (USD) were created in 2024, representing a modest overall increase of 1.2 per cent.

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Further, the report projects that by 2029, an estimated 5.34 million additional individuals will attain millionaire status, reflecting an almost 9 per cent rise compared to 2024.

Millionaires holding USD wealth own nearly half of global personal assets. (Source: UBS Global Wealth Report 2025) Millionaires holding USD wealth own nearly half of global personal assets. (Source: UBS Global Wealth Report 2025)

North America hosts 40% of them, followed by Western Europe with just over 25%. Greater China and Southeast Asia each account for about 10%, while Oceania trails behind.

Meanwhile, Latin America, Eastern Europe, and the Middle East & Africa each represent roughly 1.5% of the total.

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