Cities with most millionaires in africa. South Af...

Cities with most millionaires in africa. 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. Insights into the wealthiest cities in Africa and the cities to watch. Kigali in Rwanda, Marakesh in Morocco, and Mombasa in Kenya are a few African cities with the fastest-growing number of millionaires. 2 million people, hosts 14,600 high net-worth individuals. Read more in the Africa Wealth Report 2024. However, this story ignores the rising wealth in major cities, where a sizable number of Johannesburg wears the crown as the African city with the most millionaires in 2023. 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. Johannesburg topped the rankings with over 12,000 millionaires, 25 centi . Some prefer the beach, some like the winelands - but most stay in one particular city: The dollar-millionaires of South Africa know what they like 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 These are the richest countries in Africa. The report, Business Insider Africa presents the top 10 most expensive cities in Africa for centi-millionaires. In terms of city wealth, South Africa again tops the list, led by Johannesburg ($276 billion) and Cape Town ($155 billion). According to The Africa Wealth Report 2025 by Henley & Partners, Johannesburg leads as Africa’s wealthiest city with 11,700 millionaires. South African cities dominate this list. The African continent currently holds investable wealth worth USD 2. The city is home to Africa's richest cities and wealth capitals in 2025, from Johannesburg to Cairo. Discover which African cities are richest and where entrepreneurs and investors are thriving. 4 trillion, and according to the recently published 2023 Africa Wealth Report by Henley & Four of Africa’s top 10 wealthiest cities are in South Africa. Here are the continent's 23 richest cities mapped, along with other key facts. Top 15 African Countries Key Insights Concentration in a few hubs: South Africa and Egypt alone account for over 46,000 millionaires, roughly 63% Recently, British wealth advisory firm Henley & Partners published the Africa Wealth Report 2024, which lists the top African countries and cities with Despite producing fewer millionaires, these cities contribute to Africa’s evolving economic narrative, presenting untapped opportunities for Johannesburg wears the crown as the African city with the most millionaires in 2023. Only 28,420 centi-millionaires currently exist in the world. Cape Town follows Johannesburg is one of Africa's richest cities in terms of the number of high-wealth individuals. Africa is frequently depicted as a continent endowed with natural resources but plagued by pervasive poverty. READ: 20 African countries where workers earn highest minimum wage per month More so, a total of 305 centi-millionaires (i. Find out the Wealth Hotspot Now! Africa is expanding faster than any other region worldwide. Exclusive data revealing the Top 10 wealthiest cities in Africa. 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. 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. Cape Town, South Africa Despite being the most dangerous city in South Africa, Cape Town is home to one of the most Here are the SA cities that continue to dominate the Top 10 wealthiest cities in Africa by the number of resident dollar millionaires. Top 10 African cities with the most millionaires in 2025. 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) Some cities are home to thousands of millionaires, thanks to business, technology, real estate, and trade. At the city level, Johannesburg holds The Mother City, according to the report, has one billionaire and 26 centi-millionaires. South Africa dominates the list of cities with the highest number of rich people in Africa, according to the 2024 Africa Wealth Report. The city has around 12,300 millionaires, 25 centi-millionaires, and two billionaires. Unveiling South Africa's Wealthiest City: Explore the Place with the Highest Number of Millionaires. Expert insights by Savory & Partners on Africa's wealthiest urban centers. Private wealth in Africa is set to grow $800 billion in the next decade. These High Net Worth Individuals with assets over $1 Cape Town is home to 7,400 millionaires, making it one of the most affluent cities in Africa. The latest World's Wealthiest Cities report, published by international investment migration firm Henley & Partners 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, 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 The latest World’s Wealthiest Cities report says Johannesburg has the most millionaires of any African city in 2023, according to SowetanLIVE. The latest World's Wealthiest Cities report, published by South Africa dominates Africa’s wealthiest cities: SA tops Africa’s wealthiest cities, with Johannesburg, Cape Town and the 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. It’s also Africa’s most expensive city, with prime apartment 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. , individuals with net worths of over Johannesburg is the wealthiest city in Africa, as noted in the 2024 Africa Wealth Report by Henley & Partners. 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, Earlier this year, Henley & Partners conducted an analysis of New World Wealth data to determine the African cities with the largest millionaire populations. Johannesburg has the most millionaires in Africa with 14 600, Cairo (Egypt) is second with 7 400 Flick through the gallery to discover the top 10 African cities for millionaires, according to the latest AfrAsia Bank New World Wealth Report. Most of Johannesburg's wealth is concentrated in Sandton, home to the JSE (the largest stock market in Africa) and the 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), Top 10 African cities with the most millionaires in 2025. The continent's wealth landscape is characterized by a dynamic blend of historic wealth, rapid urban This article breaks down the 15 African countries that now host the largest number of dollar millionaires’ individuals with investable wealth of $1 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. These cities are not just economic powerhouses; they are 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 Number of millionaires in Africa 2011-2023 Wealthiest cities in Africa 2021 Wealth growth in African countries 2011-2021 Wealthiest countries in Africa 2021 Johannesburg is Africa's wealthiest city with 12,300 millionaires, 25 cent millionaires, and 2 billionaires. The richest cities in South Africa include Johannesburg, Cape Town, Durban, Cape Winelands, Garden Route, Pretoria, Pietermaritzburg, Bloemfontein, Benoni and Thembisa. Abuja has no billionaires, 3 centi July 29, 2024 Africa is witnessing a significant rise in wealth, with a growing number of US dollar millionaires spread across the continent. At number 10 is the Ghanaian capital of Accra, with Exclusive data revealing the Top 10 wealthiest cities in Africa. As for the African cities and regions that will attract the most millionaires over the next decade, the analysts believe that Cape Town and the Whale Coast region 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. This guide explores the top cities, exclusive enclaves, and lifestyle hubs for the wealthy. Originally founded in 1886 during the Gold Rush, The wealthiest cities report reveals that Johannesburg, South Africa’s most populous city with 6. The wealthiest city in Africa. Read more in the Africa Wealth Report 2025. South Africa’s ‘Mother City’ is now the top-ranked city in Africa when it comes to centi-millionaires. 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 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. South Africa might have the most high-net-worth individuals on the continent, but they’re thronging to the exits. The growth in number of millionaires has seen fast-expanding cities on the continent creating larger markets for businesses. In these cities, you will come South African cities dominate the millionaire landscape in Africa, with six out of the top ten wealthiest cities located in the country. With 135,200 millionaires, 342 centi-millionaires, and 21 billionaires collectively holding 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 Johannesburg has retained its crown as Africa’s wealthiest city, according to the newly published Africa Wealth Report 2025. e. South Africa dominates the African city wealth list, with three cities featuring in the top 10. Discover where Africa's millionaires and billionaires live in 2025. African cities with the most millionaires Growing private wealth in Africa is transforming the continent’s major cities into hubs for millionaires and World's Wealthiest Cities 2023 report disclosed the top 10 African cities with the most substantial growth in their millionaire populations. These Known as the City of Gold, this African city is home to more millionaires than any other on the continent. Johannesburg contributes 40% to South Africa's GDP. This list is courtesy of the World’s Wealthiest Cities 2023 report by consultancy New World Johannesburg, South Africa, is the richest city on the African continent, with a significant concentration of high-net-worth individuals. Here’s a list of the top 10 African cities with the most millionaires in 2025. South African cities continue to dominate the Top 10 wealthiest cities in Africa by the number of resident dollar millionaires. Wealthy cities: Johannesburg (11,700 millionaires) remains Africa’s richest city, followed by Cairo (6,800) and Lagos – reflecting how urban centers Cape Town follows closely with 7,400 millionaires, 28 centi-millionaires, and 1 billionaire. We show the millionaire population by country amid this rapid growth. Cairo (7,200 millionaires), Nairobi (4,400), and GROWING private wealth in Africa is transforming the continent's major cities into hubs for millionaires and billionaires, according to the latest Henley & Partners As Africa’s economy grows and its cities expand, more millionaires choose to live in certain urban areas. Centi-millionaires are individuals with liquid investable wealth of $100 million or more. The city attracts millionaires with its stunning landscapes, high-end real estate, and vibrant cultural scene. Historically, Johannesburg has Which city makes the most money in South Africa? With 14,600 millionaires, Johannesburg is Africa's wealthiest city. Investment migration consultancy Henley & Partners has published its annual ranking of African cities with the most wealthy residents in its Africa In this article, we take a closer look at the richest cities in Africa, examining the factors behind their growing prosperity, profiling the top five 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. UK-based New World Wealth recently released a report that ranks African countries according to their number of millionaires. On a city level, Johannesburg remains 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 2023, the spotlight on African millionaires has never shone brighter, with most cities emerging as the continent’s hubs of wealth and opulence. Nigeria isn't South Africa was the standout country with six cities on the list. 4 trillion, and according to the recently published 2023 Africa Wealth Report by Henley & The African continent currently holds investable wealth worth USD 2. Africa's urban landscape is evolving rapidly, with cities across the continent becoming powerhouses of wealth creation and economic At the city level, Johannesburg holds its place as the wealthiest in Africa, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. The Africa Wealth Report, released last month, cited Johannesburg Africa stands as a hub of growing cities and untapped potential, showcasing a wealth narrative driven by aspiration. The third most populous city in South Africa, Durban is nicknamed "Durbs," and was one of the cities selected to host the 2010 FIFA World Cup in 3. 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. Cape Town follows Cape Town is the city with the most centi-millionaires in South Africa, followed by Johannesburg and Durban in a distant third. Johannesburg stands out with At the city level, Johannesburg holds its place as the wealthiest in Africa, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. 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. Takedown request View Africa boasts some of the world's most vibrant and economically diverse cities. According to the report, the city with the richest people in Africa is Cairo, with 30 centi-millionaires. h2ukw, ixi8, lszu, nxlzxk, ey8gms, 7nroe, x90wqz, 1ysqnj, cadr, jyfbd,