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Millionaires Surge But Wealth Gap Widens | Raleigh News
A record 990,000 people worldwide became millionaires in 2025 — including over 440,000 in the U.S. — but beneath the headline numbers, a troubling trend emerges: median wealth is falling globally. The surge is driven by those already wealthy, especially stockholders, while the average person sees little to no gain. Most American wealth sits in stocks, retirement accounts, and homes — so market gains disproportionately benefit those with larger portfolios. The real winners? The ultra-wealthy — households worth $5M to $100M — who access private equity and other elite investments. It’s not just…
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