Wealth Report: Why Africa will have more millionaires

Wealth Report: Why Africa will have more millionaires

Egypt is second with seven billionaires, 52 centi-millionaires and 15,600 millionaires. Nigeria is third with 8,200 HNWIs, followed by Kenya (7,200) and Morocco (6,800).

Among the cities, South Africa’s Johannesburg is the wealthiest in Africa, with 12,300 millionaires, 25 centi-millionaires, and two billionaires. Cape Town, also in South Africa, comes second with 7,400 millionaires, 28 centi-millionaires, and a lone billionaire.

Cairo (7,200 millionaires), Nairobi (4,400), and Lagos (4,200) also stand out as centres of affluence and future pockets of prosperity.

Source link : https://trtafrika.com/insight/wealth-report-why-africa-will-have-more-millionaires-17875704

Author :

Publish date : 2024-04-22 07:00:00

Copyright for syndicated content belongs to the linked Source.

Exit mobile version