millionaires

UBS says total personal wealth globally rose by 10.8 per cent last year, up from 4.6 per cent in 2024 and 4.2 per cent in 2023, as strong financial markets boosted growth.

International

Nearly one million people worldwide became millionaires in 2025

There were ‘more millionaires than ever, everywhere’ in 2025, the bank said

2026-06-30T10:16:14.000Z

Bill Gates intends to give away 99 per cent of his vast fortune over the next 20 years.

Opinion & Features

SENSE & CENTS

Should philanthropists follow Gates’ lead in giving away their fortunes during their lifetimes?

Those who plan to leave their offspring financial legacies must inculcate good habits among their beneficiaries

2025-07-15T09:00:46.000Z

Singapore is doubling as both a safe haven and strategic gateway for luxury brands targeting South-east Asia.

Global Enterprise

Singapore’s 240,000 millionaires spur spending on luxury brands

Decades of pro-wealth policies have drawn high-net-worth individuals and built a robust finance sector, making it one of the world’s richest countries

2025-07-07T00:04:58.000Z

The US alone added 562,000 millionaires as enthusiasm for artificial intelligence and interest rate cuts drove huge advances in the US stock market.

Global Enterprise

Frothy tech returns helped mint 600,000 millionaires last year

The annual World Wealth Report from Capgemini shows the number of people with at least US$1 million in investable assets grew 2.6% in 2024, driven in large part by gains in American portfolios

2025-06-04T05:01:21.000Z