Story perspectives

Wealthy Citizens Flee U.S. Despite Record $2.2 Trillion Gain

12/31/2025

Summary

Story summary

In 2025, the world's wealthiest added a record $2.2 trillion to their fortunes, bringing total net worth to about $11.9 trillion.
Despite the U.S. equity market's strong performance, ultra-wealthy Americans renounced citizenship at a higher rate in 2024, with a 48% increase.
North America remains the leading investment destination, but fewer billionaires view it as a short-term opportunity, and many—including George Clooney and Rosie O'Donnell—have moved to Europe for privacy.

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Story summary

In 2025, the world's wealthiest added a record $2.2 trillion to their fortunes, bringing total net worth to about $11.9 trillion.
Despite the U.S. equity market's strong performance, ultra-wealthy Americans renounced citizenship at a higher rate in 2024, with a 48% increase.
North America remains the leading investment destination, but fewer billionaires view it as a short-term opportunity, and many—including George Clooney and Rosie O'Donnell—have moved to Europe for privacy.