Israel ranked 18th in average personal wealth in the world in 2025 as the number of millionaires continued to grow, boosted by strong financial markets, according to the UBS annual Global Wealth Report published on Tuesday.

With average personal wealth in dollar terms of $312,108 per adult at the end of 2025, up from $284,224 in 2024, Israel moved down one spot from the previous year’s annual ranking and was situated before South Korea and after Ireland.

Globally, personal wealth expanded at its fastest pace since 2017, marking the third consecutive year of growth, creating nearly 1 million new millionaires, or more than 2,600 per day. Switzerland came in at the top of the table in terms of average personal wealth, followed by the US and Luxembourg, among 56 countries that represent over 92% of the world’s wealth, the Swiss bank said.

Israel was home to about 195,000 millionaires at the end of 2025, an increase of 4.7 percent over 2024, as just over 8,800 people became newly minted dollar millionaires. However, Israelis in this wealth bracket represent only 3.2% of the country’s adult population, the report found.

More than 82% of the country’s gross personal wealth is invested in financial assets, the second-highest........

© The Times of Israel