Israel finished 2025 with approximately 195,000 dollar millionaires and a rising average personal wealth figure, but a new global report also revealed that median wealth fell during the same period — a sign that the gap between higher- and middle-wealth households is widening.
The 2025 UBS Global Wealth Report, released Tuesday, placed Israel 18th out of 56 countries that together represent more than 92% of all wealth worldwide. Average wealth per Israeli adult climbed to $312,108 by the close of 2025, up from $284,224 the year before. Israel dropped one spot compared to the previous report, landing just behind Ireland and ahead of South Korea in the rankings.
The number of Israeli dollar millionaires grew by 4.7% during 2025, adding more than 8,800 people to that group and bringing the total to around 195,000. That means millionaires now make up 3.2% of Israel’s adult population.
The report highlighted that more than 82% of Israelis’ gross personal wealth is held in financial assets such as stocks, cash, and pension funds — the second-highest proportion among all countries surveyed, trailing only Sweden.
On a global scale, UBS said personal wealth saw its strongest yearly growth since 2017, continuing a three-year upward trend. Close to 1 million new dollar millionaires were created around the world during 2025 — more than 2,600 per day. Switzerland topped the list for average personal wealth globally, with the United States in second place and Luxembourg in third.
Even so, Israel’s median wealth per adult actually declined to $83,843, placing the country 24th globally — a contrast to the rising average figure.
The UBS report noted the disparity directly: “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. Median wealth, on the other hand, contracted by more than 12% over the same timeframe of 2020-2025.”
The report also pointed out that during 2025, Tel Aviv stock indexes hit record highs in spite of ongoing war and regional instability, the shekel gained ground against both the dollar and the euro, and technology exits surged 340% to $58.8 billion — even as the country faced escalating war costs and a growing debt load.
Separately, figures from Forbes Israel counted 52 Israeli billionaires, placing the country third in the world for billionaires per capita. Research from the Taub Center also found that Israel continues to grapple with high levels of wealth and income inequality.
