NVIDIA CorporationNVDA
Mentioned
The United States added 400,000 millionaires in 2025, bringing the total to 23 million, according to UBS's Global Wealth Report 2026. This equates to more than 1,200 new millionaires emerging every day, accounting for nearly half of the global increase of almost one million new millionaires. The surge was driven by a nearly 20% rise in the S&P 500 and record-high median home prices reaching $446,000. The S&P 500 has already gained 9% in 2026, and home prices have risen each month this year, putting the nation on pace to surpass last year's record. However, the report notes that past downturns, such as the dot-com crash and the Great Recession, have sharply reversed millionaire counts.
NVIDIA Corporation
UBS Group AG