Industry News

May 13, 2024

Africa Cities Wealth Ranking (Top 10)

Africa Cities Wealth Ranking (Top 10)

Africa Cities Wealth Ranking (Top 10)

Africa Cities Wealth Ranking (Top 10)

New Cairo photo
New Cairo photo
New Cairo photo
New Cairo photo

🌍 Where are the Millionaires based in Africa?



🔹 A few weeks ago, the Advisory firm, Henley & Partners unveiled its Global Wealth report mapping the flow of wealth over the last period.

🔹 This map is important as it shows not only the performance of an economy but also the ability of a country to attract High Net Worth Individuals (HNWI) through tax benefits, and lifestyle advantages.

🔹 Overall, Africa is home to 135 200 HNWI, among them 321 Centi-Millionaires and 21 Billionaires, those numbers are set to rise by 65% over the next period. Henley & Partners expects the key wealth-creating industries to be fintech, eco-tourism, business process outsourcing, software development, rare metals mining, green tech, media and entertainment, and wealth management.



If you were a millionaire in which city would you primarily live and why? Tell us in the comment section!

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