Average per-capita wealth in Switzerland rose last year to $687,000 (CHF561,000), the UBS Global Wealth Report said on Wednesday. The Alpine nation retains its position as the richest country in the world, followed by the United States, where wealth has risen sharply. +Get the most important news from Switzerland in your inbox According to the Global Wealth Report 2025 published by UBS on Wednesday, the average wealth of an adult in Switzerland (population 8.8 million) was $687,000 (CHF561,000) in 2024, an increase of 3% compared to the previous year. UBS defines wealth as the sum of all financial assets and tangible assets such as real estate owned by private individuals minus debts. This figure includes the assets of private pension funds. The increase in wealth is primarily due to the rise in property prices. "Many new millionaires have become millionaires simply because the value of their own property has risen," Paul Donovan, chief economist of UBS Global Wealth Management ...
