Israel ranks 18th in global wealth list as 8,800 Israelis become new millionaires

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 proportion in the list of 56 countries, after Sweden.

Sign up for the Tech Israel Daily

and never miss Israel's top tech stories

By signing up, you agree to the terms

In 2025, a year of war and geopolitical uncertainty, Tel Aviv share indices soared to record highs, amid the raging multifront wars, outperforming the world’s major stock indexes. Similarly, the shekel has strengthened against both the dollar and the euro despite an economy strained by ballooning war costs and a growing debt burden, while tech exits jumped by a whopping 340% to $58.8 billion.

While average wealth per adult in Israel has been rising in recent years, median wealth, which portrays a more accurate picture of the wealth levels prevalent in the middle of the scale, declined, highlighting a growing divide between the wealthiest and the broader population, the UBS report found. Median wealth per adult stood at $83,843, placing Israel at number 24 in the global ranking.

“Israel has enjoyed strong growth in average wealth per adult so far this decade, to the tune of over 15% when measured in local currency net of inflation,” the UBS report said. “Median wealth, on the other hand, contracted by more than 12% over the same timeframe of 2020-2025.”

Most adults, or just over 42%, own net assets worth between $100,000 and $1 million, while slightly under 40% belong to the wealth bracket between $10,000 and $100,000, the report showed.