Taiwan Ranks 13th Globally in New Millionaires Added

Taiwan added approximately 9,864 millionaires in 2025, a notable increase that places it among the countries with the most significant wealth growth globally. This surge contributes to a worldwide trend where nearly one million new millionaires emerged, though wealth accumulation remains concentrated in a few key nations.

The United States dominated this expansion, welcoming over 440,000 new millionaires, more than ten times the number in the second-ranked United Kingdom. European countries like France and Spain also saw substantial gains, adding over 30,000 new millionaires each. The report highlights strong stock market performance, high household investment participation, and steady economic growth as drivers for this wealth creation in the U.S.

Despite its smaller population, Taiwan secured the 13th position globally for new millionaires. This achievement is particularly noteworthy when compared to other Asian nations, with Japan ranking fifth, South Korea 11th, and China 12th. Singapore and Hong Kong also appeared in the top rankings, securing 22nd and 27th places, respectively.

The report further distinguishes wealth growth patterns in Asia. India's rapid economic expansion is fostering a new class of wealthy individuals, while mature markets like Japan, South Korea, Hong Kong, and Singapore are leveraging established household assets and rising financial markets to generate new millionaires. This diverse landscape underscores varying pathways to wealth creation across the continent.