Around 1.78 million people in Germany were classified as high-net-worth individuals, meaning they have at least $1 million in liquid assets, according to a new study by consulting firm Capgemini.

The number of millionaires worldwide grew by nearly 2 million last year to reach a record 25.3 million in 2025. Germany saw its millionaire population rise by 11.1% to about 1.78 million, placing it third globally in terms of millionaire count.

Their combined wealth rose by 12.7% to just over $7.1 trillion, helped by easing inflation and stabilizing equity markets. The United States added the most millionaires — 736,000 — bringing its total to 8.7 million, largely driven by enthusiasm over artificial intelligence boosting tech stocks.

Asian economies recorded the highest regional growth: Japan added 436,000 millionaires and China added 154,000. Meanwhile, several German states with Catholic majorities observed the Corpus Christi holiday, a public day off in regions like Bavaria and North Rhine-Westphalia.

The report highlights a global wealth boom, with Europe's high-net-worth population growing 6.5% in 2025 after a decline in 2024.

Source: www.dw.com