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Here is why Johannesburg is the wealthiest city in Africa

PAPAs New.png The report reveals that Johannesburg, is South Africa’s most populous and most wealthiest city

Tue, 18 Jul 2023 Source: face2faceafrica.com

Johannesburg, also known as the “City of Gold,” is South Africa’s commercial capital, the wealthiest city in Africa, and 56th in the world.

According to the World’s Wealthiest Cities Report 2023, published by international investment migration firm, Henley & Partners, in partnership with global wealth intelligence firm, New World Wealth, Johannesburg is home to the highest dollar millionaires on the continent.

The report reveals that Johannesburg, South Africa’s most populous city with a population of 6.2 million people, is home to 14,600 high net-worth individuals, comprising thirty dollar centi-millionaires and two dollar-billionaires.

Johannesburg, also known as the “City of Gold,” is South Africa’s commercial capital, the wealthiest city in Africa, and 56th in the world.

According to the World’s Wealthiest Cities Report 2023, published by international investment migration firm, Henley & Partners, in partnership with global wealth intelligence firm, New World Wealth, Johannesburg is home to the highest dollar millionaires on the continent.

The report reveals that Johannesburg, South Africa’s most populous city with a population of 6.2 million people, is home to 14,600 high net-worth individuals, comprising thirty dollar centi-millionaires and two dollar-billionaires.

It also shows that South Africa has more wealthy individuals than other African nations, and Johannesburg has more wealthy individuals than any other African city.

Other African cities (with several HNWIs) featured in the report are:

Cairo (7,400)

Cape Town (7,200)

Lagos (5,400)

Nairobi (4,700)

Durban (3,600)

Cape Winelands (3,400)

Garden 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)

Source: face2faceafrica.com