Updated
Updated · South China Morning Post · Jul 8
Global Stock Market Cap Jumps 18.5% to $152 Trillion as Personal Wealth Rises 10.8%
Updated
Updated · South China Morning Post · Jul 8

Global Stock Market Cap Jumps 18.5% to $152 Trillion as Personal Wealth Rises 10.8%

1 articles · Updated · South China Morning Post · Jul 8

Summary

  • $152 trillion in global stock market capitalization and a 10.8% rise in personal wealth marked 2025, according to the World Federation of Exchanges and UBS Global Wealth Report 2026.
  • UBS said the wealth gain was driven largely by rising asset prices at the top of the wealth pyramid rather than broad-based improvements in living standards.
  • 3,302 dollar billionaires were counted worldwide in 2025, up 383 from a year earlier, with more than 1,000 in the United States, 562 in mainland China and 211 in India.
  • The report argues that an economy built on inflated asset values and debt is vulnerable to crisis even as headline market and wealth figures keep climbing.

Insights

Global wealth hit a record high in 2025. Are we on the verge of another devastating financial crisis?
As the number of billionaires soars, why is the average person's standard of living actually falling?