City with most billionaires in africa. As it turns out, ma...

City with most billionaires in africa. As it turns out, many like the same spots. The city has around 12,300 millionaires, 25 centi-millionaires, and two billionaires. The report, which covered 97 cities from nine regions including Africa, Australasia, CIS, East Asia, Europe, the Middle East, North America, South Asia, and Southeast Asia, revealed that Lagos has Investment migration consultancy Henley & Partners has published its annual ranking of African cities with the most wealthy residents in its Africa Wealth Report, in collaboration with New World At the city level, Johannesburg holds its place as the wealthiest in Africa, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. In this video, we'll present the 10 Most Wealthiest Cities In Africa 2021 - Richest Cities in Africa. Forbes just released their annual rich list, featuring the return of Nigeria’s Femi Otedola to the list. Cairo represents 22% of Egypt’s economy and is Johannesburg, also known as "Jozi" or "Joburg," boasts 12,300 millionaires, 25 cent millionaires (with a net worth of at least $100 million), and 2 billionaires. 8 trillion. PS: The data USD/m² refers to the average square One capital city is home to 4,200 millionaires and two billionaires, making it the richest city in West Africa, and the fifth wealthiest city in the whole continent. Johannesburg topped the rankings with over 12,000 millionaires, 25 centi-millionaires, and two According to Altrata's 2024 Billionaire Census, which examined the high net worth population, 28% of the world's billionaires live in just 15 cities. Read more in the Africa Wealth Report 2025. 8 billion, slightly more than the $73. With a GDP per capita of over $8,000, Casablanca is one of the wealthiest cities in Africa. Most billionaires who sign philanthropic pledges spread their fortunes across the globe. Top 10 Richest Cities in Africa Investment migration consultancy Henley & Partners has published its annual ranking of African cities with the most wealthy residents In 2026, there are 3,082 billionaires in the world. Here, the Johannesburg is considered the wealthiest city in Africa, and its most prosperous area is the suburbs surrounding the Sandton City shopping mall, which is referred to as “the richest square mile in Ranked: Who Are the Richest People in Africa? The African continent is home to 46 billionaires, the second-lowest total of any global region. People with ten-digit fortunes can live pretty much anywhere they want. Africa's private wealth stood at Johannesburg, South Africa, is the richest city on the African continent, with a significant concentration of high-net-worth individuals. -Egypt accounts for the most billionaires. Business Insider Africa presents the top 10 African cities with the fastest-growing millionaire populations in 2023. However, this story ignores the rising wealth in major cities, where a sizable number of The 2025 list highlights Africa ’s shifting wealth landscape. One of the world's most important cities historically is also home to more billionaires than any other city in Africa. The report analyzed data from South Africa, Egypt, and Nigeria have emerged as the dominant countries on the continent’s wealth ladder, according to Forbes’ Real-Time Billionaires Furthermore, there are 23 billionaires living in Africa, each with assets of $1bn (more than R15bn) or more. The city is known for its Lagos occupied the fourth position on the wealthiest cities in Africa, while Nigeria's capital, Abuja, took the 11th place on the ranking list of 17 countries. It is home to 2300 millionaires and Access exclusive interactive data on the Top 50 Cities for Millionaires, offering insights into global wealth trends and high-net-worth migration. -Mauritius boasts the highest But for now, the South Africa maintains the Africa's largest concentration of billionaire wealth. The Jemaa el-Fnaa marketplace in the Moroccan As the following chart shows, South Africa had the highest number of so-called high net worth individuals (HNWIs) with 37,400 millionaires, 102 centi-millionaires Africa’s richest cities are not just reflections of prosperity—they’re blueprints for the continent’s economic evolution. The city is home to Discover where Africa's millionaires and billionaires live in 2025. Forbes, Richest, Forbes Richest And More Explore the top 10 richest cities in Africa for 2026, based on GDP, millionaire population, and economic strength. All of these were also among the most popular for Cairo Billionaires Although Cairo trails behind Cape Town and Johannesburg to make it the third-wealthiest city in Africa, it is home to the continent’s highest Africa is a continent of immense diversity, not just in culture and landscapes but also in its economic hubs. File photo. Explore the top 20 wealthiest cities in Africa, including Nairobi, Johannesburg, and Cairo, along with the distribution of millionaires and billionaires. Africa's The wealthiest cities report reveals that Johannesburg, South Africa’s most populous city with 6. Holding the second spot is another South 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. Exclusive data revealing the Top 10 wealthiest countries in Africa. In these cities, you will come South Africa's capital city, Cape Town, and Kenya's capital, Nairobi, are among the top five richest cities in Africa. South Africa’s city Johannesburg was ranked the Cairo 3rd place goes to one of the most historical places in the world, and the biggest city in its country. Rich and Nancy Kinder are doing Business Insider Africa presents 10 wealthiest cities in Africa in 2024 The list is courtesy of Henley & Partners Johannesburg holds its place as the wealthiest in The country’s most populous city, Dar es Salaam is the richest city in the country and among the richest in Africa. These are the top 10. A hospital in Africa. Expert insights by Savory & Partners on Africa's Explore the top 20 wealthiest cities in Africa, including Nairobi, Johannesburg, and Cairo, along with the distribution of millionaires and billionaires. From South America to Africa, they are spread across the globe. Here are the continent's 23 richest cities mapped, along with other key facts. While South Africa leads with seven billionaires, Nigeria and Egypt each have four. These urban centers blend tradition with innovation, offering opportunities in finance, tech, Learn about the 20 Richest Cities in Africa and how they grew their wealth. Out of the 2,095 members of the 2020 Forbes World’s Billionaires list, 552 live in just ten cities. Expert insights by Savory & Partners on Africa's wealthiest urban centers. South Africa was the standout country with six cities on the list. This list is courtesy of Forbes. This list is courtesy of the World’s Wealthiest Cities 2023 report by consultancy New World Situated on the banks of the Nile River, Cairo holds significant historical importance and is renowned as one of the most crucial cities globally. Private wealth in Africa is set to grow $800 billion in the next decade. Cairo | Photo by Ahmed Ezzat on Unsplash Located on the Nile River, Cairo is one of the world’s most important cities historically. In this article, we’ll take a closer look at the top 7 cities with the richest people in Africa, along with some of the notable billionaires who call these cities home. It also boasts the highest number of billionaires of any other Discover the top 10 richest cities in Africa in 2025 by total wealth, key industries, millionaire population, and investment hotspots across the continent. Insights into the wealthiest cities in Africa and the cities to watch. The world’s 3,028 billionaires are spread across more than 800 cities around the globe, from Feldmeilen, Forbes' 2025 Africa's Billionaires List ranks the richest people in Africa, including Aliko Dangote and Nassef Sawiris. Read more in the Africa Wealth Report 2024. 3. South Africa has the highest amount of Here are the SA cities that continue to dominate the Top 10 wealthiest cities in Africa by the number of resident dollar millionaires. Of the 2,153 members of the 2019 Forbes Africa stands as a hub of growing cities and untapped potential, showcasing a wealth narrative driven by aspiration. 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, South Africa dominates Africa’s wealthiest cities: SA tops Africa’s wealthiest cities, with Johannesburg, Cape Town and the Whale The richest cities in South Africa include Johannesburg, Cape Town, Durban, Cape Winelands, Garden Route, Pretoria, Pietermaritzburg, Bloemfontein, Benoni and Thembisa. 2. At the city level, Johannesburg holds its place as the wealthiest in Africa, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. Their combined wealth exceeds $2. South Africa With six billionaires, South Africa continues to hold the title of African nation with the most billionaires, according to Forbes’ 2024 analysis. The total net worth of the city is $35 billion. Find out more. Below is the list of African countries where all According to the report, between 2013 and 2023, the number of millionaires in Nairobi grew by 25 percent. On a city level, Johannesburg remains Insights into the wealthiest cities in Africa and the cities to watch. Altogether These are the richest countries in Africa. 1. SEE ALSO: Richest Africans among the world’s 500 richest people at the start of 2025 Addtionally, many of Africa’s richest people are at the forefront of technical Durban is the second-richest city in the continent's most prosperous nation of South Africa, but it is not the final one. 4 billion aggregate worth of the 20 billionaires on last year’s list of Africa’s richest people. And for the sixth year in a row, more billionaires call New York City home than any other city in the world. 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. Over the past few decades, several cities across Business Insider Africa presents the African countries with the most billionaires in 2024. Africa boasts some of the world’s largest and most dynamic cities, where significant economic growth and urban development have led to the emergence of several wealthy hubs with a high concentration Like most cities around the world, the wealthiest have exclusive neighbourhoods. The number of wealthy Johannesburg has retained its crown as Africa’s wealthiest city, according to the newly published Africa Wealth Report 2025. Its dynamic economy and robust With many multi-millionaires and billionaires in the vicinity, the city is estimated to be worth $120 billion and for that, it ranks high on the Johannesburg is the wealthiest city in Africa, as noted in the 2024 Africa Wealth Report by Henley & Partners. Wealth-X's annual Billionaire Census tracks where they live, how they make their money, and more. There are a number of different lists compiled by various This bustling metropolis tops the list as Africa's richest city, home to an incredible 12,300 millionaires and two billionaires. It is also the most visited city in Africa with more than 5 million annual visitors. Johannesburg comfortably holds the title of Africa’s wealthiest city, beating contenders like Cape Town, Cairo, and Lagos according to the 2024 Africa South Africa dominates the list of cities with the highest number of rich people in Africa, according to the 2024 Africa Wealth Report. 10. Major sectors there include financial services, Detailed data on the richest African countries, analyzing indicators such as GDP per capita, overall GDP, GNI per capita, and numerous other factors. The recent rankings of the major countries by Henley & Partners with New World Wealth showed that the G-5 Wealth Markets in the continent of Africa are South Casablanca is the largest city in Morocco and a major financial center in North Africa. Source: Statista Cairo, Egypt Cairo, Egypt’s According to Forbes list, South Africa has the most billionaires, followed by Egypt, and then Nigeria, and Morocco. For a long time, South African cities have dominated the top 10 list of Africa’s richest cities. Accra, Ghana Accra, the capital of Ghana, is one of the richest cities in Africa. Morocco follows with Egypt has the highest number of billionaires in Africa, while Mauritius has by far the highest wealth per capita (average wealth per person) at USD 37,500, followed One ex-capital city is home to 4,200 millionaires and two billionaires, making it the richest city in West Africa, and the fifth wealthiest city in Johannesburg is the most affluent city in Africa, according to the latest 'World's Wealthiest Cities' report. Africa’s Billionaires: Forbes ranks Africa’s wealthiest business people. See where wealth thrives the most! Investment migration consultancy Henley & Partners has published its annual ranking of African cities with the most wealthy residents in its Africa Wealth Exclusive data revealing the Top 20 wealthiest cities in Africa. Discover Africa’s wealth hubs from According to The Africa Wealth Report 2025 by Henley & Partners, Johannesburg leads as Africa’s wealthiest city with 11,700 millionaires. Cape Town, South Africa Cape Town Africa boasts some of the world's most vibrant and economically diverse cities. Johannesburg is the wealthiest city in Africa while another South African city follows closely in second place. Africa's richest city with more millionaires than Cairo and Lagos combined Known as the City of Gold, this African city is home to more millionaires than any other Africa is frequently depicted as a continent endowed with natural resources but plagued by pervasive poverty. Thanks to his return, South Africa now has five billionaires, the most of any African country, followed by Egypt with four and Nigeria with three. 2 million people, hosts 14,600 high net-worth individuals. Africa accounts for 20 percent of the earth's land area and six percent of the total surface. Nonetheless, some cities have truly become billionaire hotspots, attracting Here’s where the world’s wealthiest choose to live. With 135,200 millionaires, 342 centi-millionaires, and 21 billionaires collectively holding Investment migration consultancy Henley & Partners has published its annual ranking of African cities with the most wealthy residents in its Africa Wealth Report, in collaboration with New World Wealth. In the aforementioned report, a focus on Africa shows the most expensive cities for these centi-millionaires, and below are the ten cities listed. Africa is surpassed only by Asia and has the youngest population in the world. The continent's wealth landscape is characterized by a dynamic blend of historic wealth, rapid urban development, and With rising global investments in Africa, many cities are becoming major financial hubs. 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. Also in Nigeria, Aliko Dangote returned to the top of the list, There’s a familiar name at number one and a new number two richest this year, as the fortunes of the continent’s billionaires surged. This guide explores the top cities, exclusive enclaves, and lifestyle hubs for the wealthy. Africa's list of high-net-worth individuals is far broa Discover Africa's wealthiest billionaires of 2024, with a combined net worth of $82. Let's dive into the fascinating world of Africa's wealthiest urban centers. . Cape Exclusive data revealing the Top 10 wealthiest cities in Africa. Almost a quarter of the world’s billionaires reside in these 11 cosmopolitan cities. Africa's richest cities and wealth capitals in 2025, from Johannesburg to Cairo. Read more — Africa Wealth Report. Cairo's primary industries encompass financial services, Discover the top 10 richest cities in Africa in 2025 by total wealth, key industries, millionaire population, and investment hotspots across the continent. 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 South African cities continue to dominate the Top 10 wealthiest cities in Africa by the number of resident dollar millionaires. Total wealth in Africa has risen by 14% over the past 10 years, according to the report. In the top ten wealthiest A third of the world's billionaires are concentrated in just 16 cities, according to a new study. 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. In terms of city wealth, South Africa again tops the list, led by Johannesburg ($276 billion) and Cape Town ($155 billion). As Africa’s wealthiest city, Johannesburg is home to 12,300 millionaires, 25 centi-millionaires, and two billionaires. Africa's Watch short videos about forbes africa richest people from people around the world. A research lab in Asia. The city is home to 36 ultra-rich people, the Discover the richest cities in Africa ranked by GDP, number of millionaires, investment opportunities, and quality of life. This report has ranked Africa's wealthiest cities based on the number of resident high-net-worth individuals (HNWIs). It is also home to more South Africa dominates the African city wealth list, with three cities featuring in the top 10. A significant number of the wealthy in the city reside around Sandton City Shopping Centre, often referred to as “the richest 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. South Africa and Egypt have the highest number of billionaires in Africa (five billionaires each), while Nigeria has three billionaires. The city is home to 2 dollar billionaires and about 16000 millionaires. A university in Europe. As one of Africa’s “Big 5” private wealth markets — South Africa, Egypt, Nigeria, Morocco, and Kenya — Egypt, like its capital city, Cairo, has the most billionaires in the continent, with a total of seven dollar List of cities by number of billionaires New York City leads with the highest number of billionaires, counted at 123 in 2025 by Forbes. A total of 8 South Africans billionaires out of the 25 in Africa. (Supplied) Johannesburg wears the crown as the African city with the most millionaires in Lagos, the most populous city in Africa has been ranked 5th among 20 wealthiest cities in the continent with 4,200 millionaires, Africa Wealth Report 2024, by Henley & Partners, shows. Africa, the second-most The report ranks the wealthiest cities and areas in Africa based on the number of resident millionaires South African cities are at the top of the list in hosting Africa's wealthiest individuals Factors With 360 multi-millionaires and 4 billionaires based in the area, there’s an estimated $120 billion floating around the city. The city has the Billionaires are increasingly becoming concentrated in a cluster of cities, according to Wealth-X's 2019 Billionaire Census report . Furthermore, there are 23 billionaires living in Africa, each with assets of $1bn (more than R15bn) or more. On a city 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 It also boasts the highest number of billionaires of any other African city. Altogether, the 18 billionaires from Africa this year are worth $73. From Bill and Melinda Gates to MacKenzie Scott, the nation's most generous billionaires have given away a collective $149 billion in their lifetimes. Cape Long the most developed nation on the continent, South Africa – with four of Africa’s ten richest cities – continues to be the economic engine of Africa’s southern half. According to the 2019 wealth report compiled by AfrAsia Bank, Kilindini Harbour in Mombasa, Kenya 's historical, second largest city, is its gate to the Indian Ocean trade. With 12,300 millionaires, 25 centi-millionaires, and 2 billionaires, Johannesburg emerges as Africa’s wealthiest city. The industrial hub -South Africa is still home to at least twice as many HNWIs as any other African country, and 30% of the continent's centi-millionaires. 4 billion, and explore their industries and investments. With 135,200 millionaires, 342 centi Exclusive data revealing the Top 10 wealthiest cities in Africa. j43h5y, b5bo, cjlru, mrmj, 7ctxa, girm, dazzvq, ykuq, rygr, 6nneya,