Over 25,000 Australians become millionaires amid global wealth surge
Over 25,000 Australians became millionaires in 2025, reflecting a global trend identified by UBS in its latest Global Wealth Report. The report noted an increase of nearly one million new millionaires worldwide, although wealth inequality remains a concern. Australia ranks third in median wealth at approximately US$210,000, showcasing a more evenly distributed wealth compared to the United States.
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Published 03 Jul 2026, 08:55 UTC · Updated 03 Jul 2026, 09:00 UTC
Summary by OZbrief Editorial. Original report: SBS News – World. Editorial policy · Corrections
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