The U.S. minted 1,000 new millionaires each day last year, UBS report says

The UBS Global Wealth Report reveals that the U.S. minted 1,000 new millionaires daily in 2024, totaling over 379,000, driven by strong stock market performance and a stable dollar, accounting for over half of the world’s new millionaires. Despite this growth, the average wealth per adult in the Americas was around $312,000, highlighting a disparity in wealth distribution.

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