Thursday, August 20

James Whitmore

Reporter · Newsparlor

In brief

In brief

The trading floor of the New York Stock Exchange (file photograph)
Business 48 d

Stock market gains created nearly a million new millionaires in 2025, UBS says

  • A rise in stock markets and other asset prices added close to a million new dollar millionaires around the world last year, according to a new report from the Swiss bank UBS.
  • The gains were real — but they flowed overwhelmingly to people who already owned assets, underlining how uneven the spread of wealth remains.

In brief

In brief

In brief