Cyprus Mail6 Jul 2026

UBS highlights deepening wealth inequality since 2020

Personal wealth in 2025 grew at its fastest pace in years, creating nearly one million new US dollar ‌millionaires worldwide, Swiss bank UBS said in its annual Global Wealth Report.

Total personal wealth globally rose by 10.8 per cent last year, up from 4.6 per cent ⁠in 2024 and 4.2 per cent in 2023, as strong financial markets boosted growth, UBS found....

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