Signal Households hold 95% of all wealth, split about evenly between real and financial assets

Summary

MGI estimates total wealth across all sectors at $600 trillion in 2025, equal to about 5.1 times global GDP, with households owning 95 percent of it. Roughly half of what households hold is real assets, chiefly property. The other half consists of financial claims on other sectors: government bonds, equities issued by nonfinancial companies, and holdings in financial firms such as investment fund shares and pension assets. Corporations themselves show very little net wealth because the shares they issue count as liabilities owed to shareholders. Because of these links, the report stresses that strain in other sectors can ultimately feed through to household wealth, which is why it focuses on households.