Wealth Surge Fuels Global Investment | Business and Finance News

Millionaires are booming globally—with nearly two million new ultra-high-net-worth individuals joining the ranks last year, their combined wealth surging 8.7% to a record $98.3 trillion. Europe’s rebound was especially strong, with millionaire counts rising 6.5% and wealth up 8%, fueled by tax-friendly policies and stability in nations like Luxembourg and Germany. Wealthy investors are shifting from cash to equities, a move experts say is a healthy boost for global growth, particularly in defense and energy sectors. Backed by the ECB’s rate policies and innovation, this surge isn’t just widening the wealth gap—it’s powering economic engines worldwide. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0ca7691d187814cd