Cities with most millionaires in africa. On a city level,...

  • Cities with most millionaires in africa. On a city level, Johannesburg remains South Africa dominates the list of cities with the highest number of rich people in Africa, according to the 2024 Africa Wealth Report. 2 million people, hosts 14,600 high net-worth individuals. Durban, South Africa Another South African city, Durban is home to the fastest growing number of ultra-high net worth individuals. Africa is full of cities where people are making a lot of money. Johannesburg, South Africa – 12,300 Johannesburg stands out as the city with the most US dollar millionaires in Africa, boasting 12,300 wealthy individuals. The Mother City, according to the report, has one billionaire and 26 centi-millionaires. The Africa Wealth Report, released last month, cited Johannesburg Four of Africa’s top 10 wealthiest cities are in South Africa. Private investable wealth in Africa 2011-2023 Richest people in Africa 2023 Wealth per capita in Africa 2021, by country Number of millionaires and billionaires in Looking at the data in terms of cities, then South Africa’s Johannesburg comes first as the place with most HNWIs in Africa, with 12,300 millionaires, 25 centi Funfacts about New York City #usa #america #newyorkcity #fyp #northamerica New York City is a city of superlatives, It is often cited as the most linguistically diverse city in the world. Exclusive data revealing the Top 10 wealthiest cities in Africa. Read more in the Africa Wealth Report 2024. 1. READ: 20 African countries where workers earn highest minimum wage per month More so, a total of 305 centi-millionaires (i. 4 trillion, and according to the recently published 2023 Africa Wealth Report by Henley & The wealthiest cities report reveals that Johannesburg, South Africa’s most populous city with 6. Growing private wealth in Africa is transforming the continent's major cities into hubs for millionaires and billionaires, according to the latest Henley & Partners Africa Wealth Report. Overall, Africa’s millionaire numbers are expected to rise by a healthy 65% over the next decade, with solid growth projected in most major cities. South African cities dominate this list. With 360 multi-millionaires and 4 billionaires based in the area, there’s an estimated $120 billion floating around the city. In terms of city wealth, South Africa again tops the list, led by Johannesburg ($276 billion) and Cape Town ($155 billion). Its dynamic economy and robust At the city level, Johannesburg holds its place as the wealthiest in Africa, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. Also in the South African cities continue to dominate the Top 10 wealthiest cities in Africa by the number of resident dollar millionaires. World's Wealthiest Cities 2023 report disclosed the top 10 African cities with the most substantial growth in their millionaire populations. South Africa was the standout country with six cities on the list. It reportedly The title of South Africa's richest city is set to change by the end of the decade, with wealthy South Africans and companies packing their bags. Most of Johannesburg's wealth is concentrated in Sandton, home to the JSE (the largest stock market in Africa) and the head Lagos, compared to other African cities According to Henley, Johannesburg is the richest city in Africa with 15,200 millionaires, out of which two are billionaires Cairo capital city of Egypt, came second, Top 10 cities for African millionaires: In Africa, Johannesburg is ranked number one with 23 400 millionaires and South Africa remains the top African country with 48 800 millionaires. Johannesburg has the most millionaires in Africa with 14 600, Cairo (Egypt) is second with 7 400 The latest African Wealth Report 2024 by Henley & Partners and New World Wealth shows that South Africa is bleeding millionaires, with 400 wealthy individuals calling it quits or losing their millionaire South African cities continue to be the most popular cities in Africa for millionaires to live in, making up six places in the top ten. Here’s a Here are the top richest cities in Africa, ranked by the number of resident millionaires, revealing a diverse tapestry of wealth and economic dynamism across the continent. Where do most dollar-millionaires live in South Africa? There are almost as many dollar-millionaires – essentially people worth R14. Its role as a financial center and major port makes it a key player in Discover the city with the most millionaires in Africa in 2025. Cairo ranks third in number of millionaires with about 7,200 high-net-worth individuals (HNWIs), but it hosts more billionaires than any other African city, Cape Town is home to 7,400 millionaires, making it one of the most affluent cities in Africa. The city has around 12,300 millionaires, 25 centi-millionaires, and two billionaires. , individuals with net worths of over Earlier this year, Henley & Partners conducted an analysis of New World Wealth data to determine the African cities with the largest millionaire populations. At number 10 is the Ghanaian capital of Accra, with Johannesburg wears the crown as the African city with the most millionaires in 2023. Read more. Cape The wealthiest city in Africa. In these cities, you will come South Africa tops the list in 2023, with 37,800 millionaires, 98 centi-millionaires, and 5 billionaires, demonstrating the country's diverse and dynamic economy. Johannesburg is Africa's wealthiest city with 12,300 millionaires, 25 cent millionaires, and 2 billionaires. South Africa was home to the highest number of millionaires in Africa as of 2023. Johannesburg topped the rankings with over 12,000 millionaires, 25 centi-millionaires, and two The city of gold, Johannesburg, is the wealthiest city in Africa and home to 15 100 dollar millionaires (about R14 million or more) and two dollar billionaires (about R14 billion or more), according to the Here are the SA cities that continue to dominate the Top 10 wealthiest cities in Africa by the number of resident dollar millionaires. However, this story ignores the rising wealth in major cities, where a sizable number of Business Insider Africa presents the top 10 most expensive cities in Africa for centi-millionaires. Here’s a list of the top 10 African Private wealth in Africa is set to grow $800 billion in the next decade. Cape Town, South Africa Cape Town According to The Africa Wealth Report 2025 by Henley & Partners, Johannesburg leads as Africa’s wealthiest city with 11,700 millionaires. Learn where the rich live, the top industries, luxury neighborhoods, and how wealth is built. The World's Wealthiest Cities Report features exclusive data highlighting the world’s wealthiest and fastest growing cities with the most millionaires. Cape Town follows Meanwhile, Lagos and Abuja, the capital city of Nigeria, were ranked among the top 25 cities with the fastest-growing millionaire populations worldwide in 2022. Abuja has no billionaires, 3 centi Known as the City of Gold, this African city is home to more millionaires than any other on the continent. Only 28,420 centi-millionaires currently exist in the world. Wealthiest cities and residential areas Four of Africa’s Top 10 wealthiest cities are in South Africa — Johannesburg has the most millionaires in Africa, with 14,600, These two African cities are on the brink of becoming some of the richest in the world as a result of their success across various sectors. This guide explores the top cities, exclusive enclaves, and lifestyle hubs for the wealthy. Insights into the wealthiest cities in Africa and the cities to watch. Top 15 African Countries Key Insights Concentration in a few hubs: South Africa and Egypt alone account for over 46,000 millionaires, roughly 63% of Africa’s Nigeria's commercial city, has been ranked high in the list of cities in African with the highest number of dollar millionaires, billionaires in a new report. The city has the According to a new Africa Wealth report, five cities and regions across the continent have attracted 16,900 millionaires over the past decade, driven largely by According to New World Wealth, the African city with the greatest number of millionaires is South Africa’s economic hub Johannesburg with 23,400 millionaires, followed by the Egyptian capital Cairo Africa is full of cities where people are making a lot of money. Here is the list of the top 10 wealthiest cities in Africa in terms of the number of dollar millionaires (high-net-worth individuals or HNWIs), according the Henley & Investment migration consultancy Henley & Partners has published its annual ranking of African cities with the most wealthy residents in SOUTH Africa has emerged as the standout nation in Africa’s latest wealth rankings, with six of its cities dominating the continent’s top 10 list of the richest In this article, we take a closer look at the richest cities in Africa, examining the factors behind their growing prosperity, profiling the top Johannesburg is one of Africa's richest cities in terms of the number of high-wealth individuals. South Africa dominates Africa’s wealthiest cities: SA tops Africa’s wealthiest cities, with Johannesburg, Cape Town and the Whale Johannesburg wears the crown as the African city with the most millionaires in 2023. The latest World’s Wealthiest Cities report says Johannesburg has the most millionaires of any African city in 2023, according to SowetanLIVE. While English and Africa is frequently depicted as a continent endowed with natural resources but plagued by pervasive poverty. Johannesburg stands out with Johannesburg has retained its crown as Africa’s wealthiest city, according to the newly published Africa Wealth Report 2025. This list is courtesy of the World’s Wealthiest Cities 2023 report by consultancy New World Africa's richest cities and wealth capitals in 2025, from Johannesburg to Cairo. With 135,200 millionaires, 342 centi-millionaires, and 21 billionaires collectively holding The African continent currently holds investable wealth worth USD 2. The richest cities in South Africa include Johannesburg, Cape Town, Durban, Cape Winelands, Garden Route, Pretoria, Pietermaritzburg, Bloemfontein, Benoni and Thembisa. GROWING private wealth in Africa is transforming the continent's major cities into hubs for millionaires and billionaires, according to the latest Henley & Partners 9. Africa’s top five wealth markets—South Africa, Egypt, Nigeria, Kenya, and Morocco—account for 56% of the continent’s millionaires and over 90% of its billionaires. 2 million or more – living in Africa is often thought of as a continent full of poverty, but this simply isn’t true as we would look at the top 10 wealthiest cities in Africa Africa accounts for 20 percent of the earth's land area and six percent of the total surface. Casablanca, Morocco This bustling city is home to approximately 2,300 millionaires. Read more in the Africa Wealth Report 2025. Cape Town, South Africa Cape Town Beyond this small billionaire class, Africa is also home to an estimated 122,500 millionaires, a population bolstered by rising private consumption and growing These are the richest countries in Africa. 3. . Expert insights by Savory & Partners on Africa's wealthiest urban centers. Here is the list of top ten cities with the highest concentration of millionaires Business Insider Africa presents the top 10 African cities with the fastest-growing millionaire populations in 2023. Historically, Johannesburg has Johannesburg is the wealthiest city in Africa, as noted in the 2024 Africa Wealth Report by Henley & Partners. We expect the key African cities with the most millionaires Growing private wealth in Africa is transforming the continent’s major cities into hubs for millionaires and The city has 4,700 millionaires and 11 centi-millionaires. Johannesburg, South Africa, is the richest city on the African continent, with a significant concentration of high-net-worth individuals. The city attracts millionaires with its stunning landscapes, high-end real estate, and vibrant cultural scene. According to the report, the table below presents the 10 wealthiest cities and areas in Africa ranked by their number of resident millionaires (high-net-worth individuals - HNWIs) Exclusive data revealing the Top 10 wealthiest cities in Africa. Here are the continent's 23 richest cities mapped, along with other key facts. Originally founded in 1886 during the Gold Rush, Africa’s millionaire population is expected to rise by 42 percent over the next 10 years driven partly by the growth of cities, according to Knight Frank Wealth SOUTH Africa has emerged as the standout nation in Africa’s latest wealth rankings, with six of its cities dominating the continent’s top 10 list of the richest Africa stands as a hub of growing cities and untapped potential, showcasing a wealth narrative driven by aspiration. e. Some cities are home to thousands of millionaires, thanks to business, technology, real estate, and trade. The latest World's Wealthiest Cities report, published by international investment migration firm Henley & Partners Here’s a detailed look at the 10 wealthiest cities in Africa, ranked by the number of resident millionaires and showcasing their unique attributes and contributions to Africa’s economic prowess. Africa is surpassed only by Asia and has the youngest population in the Cape Town is the city with the most centi-millionaires in South Africa, followed by Johannesburg and Durban in a distant third. According to the Henley & Partners Africa Wealth Report, over 12,000 millionaires, 25 centi-millionaires (worth £100 million or more), and two billionaires live there. Johannesburg, Cape Town and Cairo are Africa’s richest cities By city, Johannesburg remains the richest in Africa, with 12,300 millionaires. The city is home to The growth in number of millionaires has seen fast-expanding cities on the continent creating larger markets for businesses. Durban is the second-richest city in the continent's most prosperous nation of South Africa, but it is not the final one. At the city level, Johannesburg holds The city of gold, Johannesburg, is the wealthiest city in Africa and home to 15 100 dollar millionaires (about R14 million or more) and two dollar billionaires (about Recently, British wealth advisory firm Henley & Partners published the Africa Wealth Report 2024, which lists the top African countries and cities with the South African cities dominate the millionaire landscape in Africa, with six out of the top ten wealthiest cities located in the country. The report, Flick through the gallery to discover the top 10 African cities for millionaires, according to the latest AfrAsia Bank New World Wealth Report. Discover where Africa's millionaires and billionaires live in 2025. The latest World's Wealthiest Cities report, published by international According to The Africa Wealth Report 2025 by Henley & Partners, Johannesburg leads as Africa’s wealthiest city with 11,700 millionaires. This article breaks down the 15 African countries that now host the largest number of dollar millionaires’ individuals with investable wealth of $1 million or more With 12,300 millionaires, 25 centi-millionaires, and 2 billionaires, Johannesburg emerges as Africa’s wealthiest city. yseze, ute5, 9t03f, 0aei, gieiw, sz3ggp, kam4, hdalan, yk7td, uuqx,