DUBAI (Kashmir English): Dubai has emerged as one of the world’s leading destinations for billionaires, as global wealth reached a record $15.8 trillion in 2025, according to the latest Billionaire Ambitions Report 2025.
The report is published annually by UBS — a major Swiss financial institution known worldwide for managing the wealth of the world’s richest families and monitoring global billionaire trends.
The report said that more wealthy families are relocating than ever before, mainly due to business opportunities, tax advantages, security and a higher quality of life.
The report shows that 36% of the world’s billionaires have already moved from their home countries at least once with Dubai, London, New York and Singapore becoming their preferred destinations.
Dubai a key hub for global wealth
The report held that the UAE — especially Dubai — has become a key hub for global wealth, attracting high-net-worth individuals from Pakistan, India, Asia and Europe.
Experts are of the view that Dubai’s tax-free system, strong economy, stable governance and international lifestyle make it one of the most attractive destinations for the world’s wealthy to secure their future.
The study interestingly highlights that women billionaires increased their wealth at twice the pace of men in 2025.
In simple terms, this means that if male billionaires saw their wealth grow by around 3%, women saw growth of more than 8%.
The study noted that women have been investing more confidently in technology, finance and new businesses, allowing them to expand their fortunes more rapidly.
Another major finding of the study is the sharp rise in inheritance. In 2025, wealthy families passed on a record $297.8 billion to their children — the largest wealth transfer ever recorded.
Many young heirs are choosing the UAE as their base, attracted by its business-friendly rules and global connectivity.
The study predicts that the world’s richest families will transfer nearly $7 trillion to the next generation by 2040, a shift expected to further increase the movement of wealthy individuals towards stable financial hubs such as Dubai.
