In a recent report by a prominent global real estate consultancy, the United States has been highlighted as the world's leading hub for ultra-wealthy individuals. The study reveals that nearly 40% of all people with a net worth exceeding $10 million reside in the US. This significant concentration of wealth underscores the country's economic dominance and resilience, despite global economic challenges. With over 900,000 individuals boasting such substantial net worths, the US significantly outpaces other nations like China and Japan. Additionally, the nation leads in billionaire population and overall wealth accumulation, reinforcing its position as a financial powerhouse.
A Closer Look at America's Wealth Landscape
In the golden autumn of 2025, a comprehensive analysis by Knight Frank, a prestigious London-based real estate advisory firm, shed light on the impressive wealth dynamics within the United States. According to their findings, an astounding 39% of the global ultra-high-net-worth population—those with assets surpassing $10 million—are based in the US. Specifically, 905,413 individuals fall into this category, more than double the number in China, which boasts 471,634 such residents. Japan follows with 122,119, while India comes fourth with 85,698.
The report also delved into the billionaires' segment, revealing that the US hosts 30% of the world's billionaires and commands 40% of total billionaire wealth. Notably, the country holds $5.7 trillion in billionaire wealth, marking a 10-year high. In contrast, China has experienced a 10% decline in its share of billionaire wealth. Financial markets, driven by equity gains and cryptocurrency booms, have played pivotal roles in sustaining this wealth. The S&P 500's robust performance, rising over 20% for two consecutive years, along with Bitcoin's surge by 120%, contributed significantly to this prosperity. Furthermore, President Donald Trump's commitment to loosening regulatory standards provided additional impetus.
Professionally, finance and investment sectors lead in producing billionaires, but technology reigns supreme in terms of total wealth generated. Eight of the ten wealthiest individuals globally, including tech moguls like Elon Musk, Jeff Bezos, and Mark Zuckerberg, owe their fortunes to technological advancements. The average age of a billionaire stood at 65.7 in 2024, with 87% being male. However, the gender gap is narrowing, as 82% of new billionaires were men last year, down from 90% four years ago. Interestingly, almost half of the billionaires under 30 were women in 2024.
From a journalistic perspective, this report offers profound insights into the evolving landscape of global wealth. It highlights the enduring strength of the US economy and its ability to weather economic storms. The prominence of technology and finance in generating wealth underscores the importance of innovation and strategic investments. Moreover, the gradual increase in female representation among billionaires signals positive shifts towards greater diversity and inclusivity in the highest echelons of wealth. This data not only reflects current economic trends but also points to future directions in wealth creation and distribution.