Global Wealth Grows
The Knight Frank Wealth Sizing Model reveals the extraordinary pace of global wealth creation.
T H E
W E A L T H R E P O R T
A global perspective on prime property and investment
In it's 20th year The Wealth Report is Knight Frank's ultimate guide to prime property markets, global wealth distribution, the threats and opportunities for wealth, commercial property investment opportunities, philanthropy and luxury spending trends.
Discover the evolving dynamic of wealth creation, distribution and global wealth movement.
Explore the impact of private capital on residential and commercial property markets.
Uncover opportunities across commercial, residential and the reimagined family office.
The big themes this year
Published against a backdrop of heightened geopolitical uncertainty, this year's report shows that global wealth creation remains remarkably resilient. Over the next five years, an estimated 129 people a day will move into the ultra-high-net-worth bracket, reinforcing the growing influence of private capital across property, investment and luxury markets.
Download the report to find out more.
Plutonomy Remains Intact
Plutonomy, an economic model where the ultra-wealthy command a disproportionate share of global wealth, remains intact.
The Reimagined Family Office
The world's 10,000 family offices are evolving into highly professionalised investment platforms.
Prime is on the rise
Our unique Prime International Residential Index (PIRI100) recorded a 3.2% average rise in global luxury residential markets in 2025.
Structural Forces at Work
Accelerating wealth creation continues to provide some insulation for luxury properties from broader economic volatility.
Commercial Real Estate Diversifies
Investors continue to diversify into fascinating new sectors. Energy-hungry data centres are becoming critical infrastructure plays.
Luxury Stabilises
The Knight Frank Luxury Investment Index (KFLII) stabilised in 2025, closing down just 0.4%.
The Transformation Economy
Consumer choices underpin the growth of the "transformation economy", prioritising investments that facilitate personal growth, wellness and a sense of belonging.
Our Partnership
The partnership between Knight Frank and McGrath Estate Agents brings together two powerhouse real estate brands, combining local expertise with a global network. With McGrath's leadership in the Australian residential real estate market and Knight Frank's expansive international reach of more than 750 offices across 50 territories, this alliance connects buyers and sellers across borders, offering exceptional opportunities and market insights.
Together, the brands are united by a strong cultural alignment with a shared commitment to delivering unparalleled service and the best solutions to clients. The partnership between the two brands began in 2024 and today, Knight Frank and McGrath have more than 170 offices across Australia; a network that is only continuing to grow.