Johannesburg, also called the “Metropolis of Gold,” is South Africa’s business capital, the wealthiest metropolis in Africa, and 56th on the planet.
In keeping with the World’s Wealthiest Cities Report 2023, printed by worldwide funding migration agency, Henley & Companions, in partnership with international wealth intelligence agency, New World Wealth, Johannesburg is residence to the very best greenback millionaires on the continent.
The report reveals that Johannesburg, South Africa’s most populous metropolis with a inhabitants of 6.2 million folks, is residence to 14,600 excessive net-worth people, comprising thirty greenback centi-millionaires and two dollar-billionaires.
Primarily based on the report methodology, Excessive-net-worth people (HNWIs) confer with people with an investable wealth of USD 1 million or extra. Centi-millionaires are Excessive-net-worth people with a wealth of USD 100 million or extra. Billionaires are Excessive-net-worth people with investable wealth of USD 1 billion or extra.
In keeping with the publishers, the high-net-worth-individual inhabitants information within the World’s Wealthiest Cities Report 2023 covers 97 cities throughout 9 areas worldwide (Africa, Australasia, CIS, East Asia, Europe, the Center East, North America, South Asia, and Southeast Asia) and consists of a lot of the world’s prime wealth hubs.
The report featured unique information highlighting the world’s wealthiest and fastest-growing cities with essentially the most millionaires, centi-millionaires, and billionaires, accompanied by international and actual property insights from main tutorial and business specialists.
It additionally reveals that South Africa has extra rich people than different African nations, and Johannesburg has extra rich people than some other African metropolis.
Different African cities (with a number of HNWIs) featured within the report are:
Cairo (7,400)
Cape City (7,200)
Lagos (5,400)
Nairobi (4,700)
Durban (3,600)
Cape Winelands (3,400)
Backyard Route (3,000)
Casablanca (2,800)
Pretoria (2,400)
Accra (2,000)
Luanda (1,800)
Dar Es Salaam (1,400)
Whale Coast (1,100)
Windhoek (1,100)
Marrakech (900)
Addis Ababa (800)
Kigali (800)
Maputo (800)
Mombasa (700)
Tangier (700)
Lusaka (600)
Swakopmund (300)
Walvis Bay (300)
