# Global Wealth Surge and New Millionaires | Calgary News

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Text version: https://stenobird.com/podcast/calgary-news-today-2-min-news-the-daily-news-now-7599267/global-wealth-surge-and-new-millionaires-calgary-news.md
Podcast: [Calgary News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/calgary-news-today-2-min-news-the-daily-news-now-7599267)
Published: 2026-07-05T20:55:45+00:00
Episode link: https://api.fastcast.ai/audio/de6c2870-ed3b-4feb-a6cd-13c07ece224a.mp3
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Duration seconds: 130

## Resource

Global wealth exploded last year with a 10% surge—the fastest in decades—led by North America, where the U.S. ranks second globally behind Switzerland and Canada sits at 13 with $567K average per adult. Financial assets dominate wealth portfolios in Israel, Taiwan, and the U.S., while Canada’s at 66.2%. Canada also ranks 5 in debt-to-wealth ratio at 18.2%, trailing Brazil. Millionaires surged by nearly 1M globally—over 2,680 daily—with Eastern Europe (Lithuania leading) and the U.S. (adding 440K new millionaires) driving growth. Canada missed the high-growth list. Over 3,300 billionaires now exist, mostly in the U.S. and China. Wealth distribution remains stark: 15% hold $100K–$1M, 41% have $10K–$100K, and just 1.5% own over $1M—while the middle-wealth bracket is expanding fast. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/5445979873e91228

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