Global household net worth jumps 7.3% to record $570 trillion in 2025
Equities drove 57% of the yearly increase, far outpacing real estate at 15%, extending a 338% rise since 2000.
Fact Check
Every specific figure in the claim is corroborated by the primary source (McKinsey Global Institute 'The Global Balance Sheet 2026') and independent major outlets (WSJ, Fortune). The $570 trillion record, +7.3% annual growth, 57% equity contribution vs 15% real estate, and the ~338% rise since 2000 (from ~$130T in 2000) all match. The Kobeissi Letter post is an accurate summary of the underlying McKinsey data.
Summary
Global household net worth rose 7.3% year over year to a record $570 trillion in 2025, with equities accounting for 57% of the increase and real estate contributing 15%. The update points to financial markets as the main engine of wealth creation over the latest year, while the longer-term trend shows household wealth has climbed 338% since 2000.
Terms & Concepts
- equities: Publicly traded company shares
- net worth: Assets minus liabilities
- real estate: Property such as homes and land