US Adding 1,000 MIllionaires Per Day

<p>According to the UBS World Wealth Report&comma; the United States hosts the largest number of millionaires &lpar;in U&period;S&period; dollars&rpar; in the world by far – more than Western Europe and Greater China combined&period; There were 23&comma;831&comma;000 millionaires in the U&period;S&period; in 2024 or 39&period;7&percnt; of the world&&num;8217&semi;s wealth&period; The U&period;S&period; is adding 1&comma;000 new millionaires per day&period;<&sol;p>&NewLine;<p>Wealth accumulation comes primarily from the stock market and real estate holdings&period;<&sol;p>&NewLine;<p>Per capita&comma; UBS found the highest density of millionaires in Switzerland and Luxembourg&period;<&sol;p>&NewLine;<p>The U&period;S&period; has the second highest average adult wealth behind Switzerland with &dollar;620&comma;654&period; This average is skewed by a few very wealthy individuals&period;<&sol;p>&NewLine;<p>UBS projects over 5 million new millionaires will be added to the world by 2029&period;&Tab;<&sol;p>&NewLine;<p>There are a total of 2&comma;891 billionaires worldwide at the end of 2024&period;<&sol;p>&NewLine;

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