Story perspectives

Global Wealth Soars: 52 Million Everyday Millionaires Rise

6/22/2025

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Summary

Story summary

Global wealth rose by 4.6% in 2024, with Everyday Millionaires (EMILLIS) increasing to 52 million.
EMILLIS now control $107 trillion, approaching the $119 trillion held by millionaires with over $5 million.
The US ranks second in average wealth per adult at $620,654, driving global wealth growth.
Baby Boomers hold $83 trillion, highlighting generational wealth disparities with Millennials.
An estimated $83 trillion will be transferred in the next 25 years, mainly in the US.

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Story summary

Global wealth rose by 4.6% in 2024, with Everyday Millionaires (EMILLIS) increasing to 52 million.
EMILLIS now control $107 trillion, approaching the $119 trillion held by millionaires with over $5 million.
The US ranks second in average wealth per adult at $620,654, driving global wealth growth.
Baby Boomers hold $83 trillion, highlighting generational wealth disparities with Millennials.
An estimated $83 trillion will be transferred in the next 25 years, mainly in the US.