Global Wealth Report 2026: The Great Reordering (Boston Consulting Group)

Summary

• Global financial wealth rose 10.7% to $333 trillion in 2025, and including real assets net wealth reached $550 trillion, up 9.3%.p.4
• Equities surged 13.2% while real assets expanded 7.4%, and gold rose roughly 44%.p.4
• Financial wealth is projected to grow at a 7% compound annual rate through 2030.p.4
• For the first time, Hong Kong narrowly overtook Switzerland as the world's largest cross-border booking center, with cross-border wealth of $2.9 trillion.p.7
• Cross-border wealth rose 8.4% to $15.7 trillion in 2025, and the UAE grew 11.1% to $721 billion.p.10
• Emerging markets will add $12 trillion of financial wealth and account for roughly 10% of global wealth growth through the end of the decade.p.11
• A single product announcement by a small US tech startup wiped more than $140 billion off the market value of a handful of publicly traded wealth managers.p.20

Key insights

1. Western Europe was the year's positive surprise, rising 15.3%, while North America delivered a more measured rise of 7.4%.p.6
2. Mainland China financial wealth expanded by 15% in 2025 and is projected to grow at 9% annually through 2030.p.6
3. Independent wealth managers now control roughly a quarter of US HNW assets and operate with client thresholds around $250,000 in many markets.p.8
4. India alone will add more than $2 trillion in total wealth by 2030, followed by Brazil at $1 trillion and Mexico at $600 billion.p.11
5. The affluent-and-above segment with over $250,000 in financial wealth is forecast to grow at an average of 8% annually in emerging markets through 2030.p.11
6. Emerging markets will add close to $7 trillion in financial wealth in the over $250,000 segment by 2030.p.12
7. Affluent and HNW clients typically represent less than 10% of a retail bank's client base but contribute 40% to 50% of deposits.p.13
8. Across Singapore, Malaysia and Indonesia, 40% to 50% of major enterprises remain under founder leadership, with median leadership ages above 70.p.16
9. Cross-border wealth in Singapore rose 10.3% in 2025, with over 2,000 single family offices attracted to the city-state.p.7
10. Retail banks that capture a meaningful share of affluent and HNW assets could accelerate growth in fee revenues by more than 50% over five years.p.13