The world has an odd relationship with American wealth. It resents it, borrows from it, copies it, and yet, inevitably, revolves around it. Each time the global economy shifts, whether through inflation, trade wars, or a technology crash, the United States somehow emerges with more billionaires, more ultra-rich individuals, and a stronger gravitational pull on global capital. The latest data from Altrata’s World Ultra Wealth Report 2025 lays this bare in numbers almost too large to grasp: America now houses 38 percent of the world’s ultra-high-net-worth population, more than the combined share of the next ten nations. This is not a one-off statistical anomaly but a structural dominance. The United States has accumulated an extraordinary $22.3 trillion in private wealth held by just 19

See Full Page