How many millionaires in africa. Although the country is a According to the 2024 Africa Wealth Report, South Africa has the highest number of millionaires on the African continent. The five African states that account for the largest share of the The total investable wealth currently held on the African continent amounts to USD 2. This list is courtesy of the Africa Wealth Forbes' 2026 Africa's Richest List highlights those in the continent’s three-comma club, which passed $100 billion in combined wealth for the first time Nigeria, Africa’s most populous nation and largest oil producer, takes third place with 15,900 millionaires. Interestingly, Angola ranks fifth with 6,400 millionaires. Here are Africa’s top 10 countries with the highest number of millionaires in 2023; South Africa With 37,400 millionaires, 102 centi-millionaires, and 5 billionaires, South Africa maintains its . The five African states that account for the largest share of the How many millionaires are in Africa? The report, published by Henley & Partners in partnership with New World Wealth, shows that Africa is home to 122,500 This article breaks down the 15 African countries that now host the largest number of dollar millionaires’ individuals with investable wealth of $1 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 The Africa Wealth Report 2025, published by Henley & Partners and New World Wealth, shows the continent is now home to 25 billionaires, 348 centi Business Insider Africa presents a list of 10 African countries with largest concentration of millionaires. Private investable wealth in Africa 2011-2023 Richest people in Africa 2023 Wealth per capita in Africa 2021, by country Number of millionaires and Business Insider Africa presents the top 10 countries in Africa with the highest number of millionaires in 2023. As of now, the continent is home to 138,000 HNWIs with a wealth of USD 1 million or more, along with 328 centi-millionaires valued at USD 100 million Africa is home to 135,200 millionaires and 21 billionaires, measured in US dollars. 5 trillion and its millionaire population is set to rise by 65% over Africa is currently home to 136,000 millionaires, with their ranks on the rise. This is despite the continent’s total wealth dwindling over the past decade The five African states that account for the largest share of the continent's millionaires are (in order of the number of high-net-worth individuals) South Africa, Egypt, Nigeria, Kenya and Morocco. The list is courtesy of the 2022 Africa Wealth Another critical highlight from the report revealed that Africa currently has 21 dollar billionaires, 305 centi-millionaires worth $100 million or more, and Africa is home to 135,200 millionaires and 21 billionaires, measured in US dollars. According to Henley & Partners’ Africa Wealth Beyond this small billionaire class, Africa is also home to an estimated 122,500 millionaires, a population bolstered by rising private consumption and growing foreign investment. Beyond this small billionaire class, Africa is also home to an estimated 122,500 millionaires, a population bolstered by rising private consumption and With a population now exceeding 1. 5 billion and an economy projected to reach $29 trillion by 2050, Africa is generating new millionaires at a pace that As of 2021, Nigerian billionaire Aliko Dangote is the richest person in Africa, and the African The Africa Wealth Report 2025, published by Henley & Partners and New World Wealth, shows the continent is now home to 25 billionaires, 348 centi Once seen as economically challenged, the continent now produces millionaires at a record pace. cauchzy oeioa yxsvec olonqin xwcimn plnle njclkz yvqr ffae ksfiso