According to Knight Frank's 2025 Wealth Report, 39% of individuals worth over $10 million reside in the US, totaling over 905,000 people. The report highlights that the US leads globally in wealth concentration, with more billionaires and overall wealth than any other country. Despite predictions of Asia's rise in wealth creation, US dominance remains unchallenged, driven by factors such as strong financial markets and investor confidence amidst geopolitical tensions. The report also notes significant growth across various wealth brackets, particularly among the ultra-wealthy.
"The trends powering wealth creation, including growth in financial markets led by equity markets and the bitcoin run, continued through 2024."
"Despite our forecast that Asia will outpace North America in wealth creation over the next four years, there is no realistic challenge to US dominance."
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