Top 10 richest city in africa 2024 Dec 5, 2023 · The city of Pretoria located in South Africa ranked as the 8th richest city in Africa with an estimated total personal wealth of over $42 billion. ” Pretoria The total wealth held in the SA city amounts to USD 45 Bn. Mar 2, 2024 · Richest Musicians in Nigeria, Top 50 {Forbes Latest Ranking} TOP 10 MOST EDUCATED TRIBES IN NIGERIA; Top 21 Fastest Growing Cities In Africa; Finally. Most of Johannesburg's wealth is concentrated in Sandton, home to the JSE (the largest stock market in Africa) and the head offices of most of Africa's largest banks and corporates. These figures are predicted to increase by 34% over the next decade, reaching $3. May 16, 2022 · Founded in the Witwatersrand Gold Rush of 1886, this is the wealthiest city in Africa. Read more — Africa Wealth Report. Cape Town stands out in global rankings for its natural beauty, vibrant culture, and strong infrastructure. Cape Town follows with 7,400, and Pretoria rounds off South Africa’s representation with 2,100 millionaires. its al Top 10 Most Expensive Cities in Africa 2024 explained The cost of living in African countries is considerably lower than in other continents. At the top of the list is Lagos, the largest city in Nigeria and the economic heartbeat of the country. Moroka Swallows FC - R154 million; 9. Therefore, get ready to discover a unique blend of historic landmarks, as we explore their location, natural resources, technology etc. Melbourne and Sydney are among the top 10 most livable cities in the 2024 Discover the top 10 richest cities in Africa for 2024! These urban giants are not only centers of wealth and economic power but also key players in shaping t Rank Country GDP (PPP) per capita (2023 int'l dollars) [1]; 1 Seychelles 41,180 2 Mauritius 29,882 3 Libya 24,196 4 Botswana 19,260 5 Gabon 18,862 6 Equatorial Guinea 18,395 7 Sep 2, 2024 · List of 10 Richest Cities in the World in 2024. [4] Apr 18, 2024 · Grand Baie in Mauritius follows closely at USD 5,000 per square meter for a prime 200 to 400-square-meter apartment. Examined above are the top 10 wealthiest actors and actresses in South Africa who have made a lot from the entertainment industry by doing what they seem to enjoy doing with their talents and skills. Apr 25, 2024 · The recent 2024 African Wealth Report shows that South African cities and regions continue to dominate the top 10 wealthiest on the African continent. Many richest people in Ghana live in Accra. ” Centers of affluence and future pockets of prosperity . Jun 14, 2022 · Luanda, which is Angola’s capital and largest city, has a booming real estate, construction and transportation industries that have made it the wealthiest city in Africa and one of the wealthiest cities in the world. 18, 2009 photo, a view of the Johannesburg skyline, South Africa - Aug 28, 2023 · Accra, the capital of Ghana, is one of the richest cities in Africa. Lagos, often referred to as the “City of Excellence,” has a staggering estimated GDP of $88 billion, making it the wealthiest city in Nigeria. Pastor Matthew Ashimolowo: $10 Million Net Worth. He is the founder and chairman of Dangote Cement, the largest cement producer in Africa, owning 85% of the company. Based on the International Monetary Fund’s 2024 GDP per capita data, here are Africa’s top 10 wealthiest nations: 1. Apr 17, 2024 · South Africa's administrative capital Pretoria rounds out top 10 cities, or districts, with the highest number of HNWIs. Related: Top 10 Richest People in Dubai, UAE (2025) Koos Bekker. Henley & Partners ranked to 20 wealthiest cities in Africa based on the number of billionaires. Africa’s Billionaires 2024 The latest African Wealth Report for 2024 shows that South Africa cities and regions dominate the Top 10 wealthiest on the African continent. The five wealthiest cities hail from three countries: 1. The report provides a comprehensive review of African private wealth, including trends in high-net-worth individuals, luxury, and wealth management, as well as expert insights on Sep 19, 2018 · Nairobi ranks fifth in Africa’s richest cities, and Kenya’s capital city has more millionaires than any other city in East Africa, 69 of whom are regarded as ultra-rich individuals. Pretoria has 2,100 people worth at least $1 million, five people worth at least $100 million, and one worth more than $1 billion. The country is a major player in the global natural gas market and supplies a significant portion of Europe’s needs. Mar 11, 2025 · Johannesburg is Africa's wealthiest city with 12,300 millionaires, 25 cent millionaires, and 2 billionaires. The city was founded during the Witwatersrand Gold Rush of 1886. Eric Tinkler previously managed Maritzburg United, Chippa United, Orlando Pirates, and SuperSport United. Johann Rupert & Family (South Africa) – $10. These nations excel in finance, technology, and resource management. Henley and Partners, a strategic advisor to sovereign states, put together a list of the cities on The major sectors of the city’s economy include basic materials, oil and gas, transportation, and financial services. 1 trillion by the end of 2027. Aug 25, 2024 · Read Also: Top 10 Richest Men in Africa in 2024. Jan 4, 2024 · According to the Forbes real-time billionaires list, Here are the Top 10 billionaires in Africa at the outset of 2024. IntroductionNigeria, Africa's most populous nation, is experiencing rapid development across its major cities. However, there are also average and low-income areas in South Africa, though this post contained only the high-income areas. Johannesburg, South Africa ($276 billion) Apr 21, 2024 · The latest African Wealth Report for 2024 shows that South Africa cities and regions dominate the Top 10 wealthiest on the African continent. The least expensive cities in the region include Blantyre (221), Lagos (225, down 178 places) and Abuja (226). Nov 29, 2024 · Unsurprisingly, South African cities dominate the list, boasting six out of the top ten wealthiest cities. He has amassed a net worth of $9. For those looking to live there permanently, though, it also boasts a solid economy, good healthcare, childcare stipends, and perks like retirement assistance. Apr 25, 2024 · Elsewhere in North Africa, Casablanca, Morocco’s largest city and the country's economic centre, is also ranked in Africa’s top 10 wealthiest. However, Egypt, which had the highest overall GDP in all of Africa, has fallen completely out of the top 10 (it was actually 13th in 2021). Cities may be defined as the cities proper, by the extent of their urban area, or their metropolitan regions. This is the list of the top 10 richest cities in Africa in 2023. The 10 wealthiest cities and areas in Africa are listed below, ranked by their number of resident millionaires (high-net-worth individuals, HNWIs). When it comes to the number of resident millionaires with liquid investable wealth of $1 million or more, the U. New York City is the world’s financial powerhouse that continues to dominate in 2024 with an astonishing 349,500 millionaires and 60 billionaires calling it home. Johannesburg: 12,300 HNWIs. 10 trillion), making it the thirteenth richest state in Nigeria. It […] Oct 29, 2024 · Johannesburg is the African city with the most millionaires [expedia] T; Earlier this year, Henley & Partners conducted an analysis of New World Wealth data to determine the African cities with Mar 25, 2025 · Nairobi is Africa’s top business and investment hub, ranked as the continent’s top city by Knight Frank’s Africa Horizons Report 2021/22 based on innovation, infrastructure, funding, and entrepreneurial motivation. At the city level, Johannesburg holds its place as the wealthiest in Africa, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. With her resourceful populations, and a basketful of natural resource The top 10 cities in the World’s Wealthiest Cities Report 2024 are ranked by their number of resident millionaires with investable wealth of USD 1 million or more. The latest edition is the ninth published. Here are the 10 wealthiest cities in Africa with the most millionaires (USD) in 2024 1. For instance, Singapore is the most expensive city in the world as of March 2024. Are you looking for the best places to travel in Africa? Here is a list of our favorite places for you to check out and explore. His net worth of $10 million is a testament to his commitment to nurturing faith and fostering leadership. Riverside of Giza, a mega-suburb of Cairo and the second-largest city in Egypt with over 9 million inhabitants. Major sectors in the city include financial services (banks) and professional services (law firms, consultancies). With a population of approximately 4 million people, rich history and friendly people, Luanda is an awesome place to visit. Johann Rupert & family heads into the new year as Africa’s richest man. Koos Bekker is known for transforming Naspers, a South African media company, into a global e-commerce . May 25, 2024 · The Richest Countries In Africa. Bloomberg Intelligence reveals that the lion’s share of Rupert’s wealth emanates from Compagnie Financiere Richemont, distinguished as the world’s largest luxury watchmaker and a prominent purveyor of opulent goods on the global stage. A distant view of Nairobi City. South Africa, being the 2nd richest country in Africa, is home to the highest number of dollar centimillionaires and billionaires. 2% to reach 1,290 millionaires in 2017. From South Africa to Egypt, explore GDP rankings, economic insights, and investment opportunities through Savory & Partners expert analysis of the richest country in Africa. From abrupt market volatility to revolutionary corporate acquisitions, the net worth of Africa's richest individuals has seen significant changes this year. Algeria (GDP-$266 billion) Like other Rich African countries, Algeria’s wealth comes from its rich natural resources, especially oil and gas. Johann Rupert, at the pinnacle of Africa’s wealth hierarchy, commands a net worth of $10. The richest city in South Africa is Johannesburg, and it is said to be home to over 14,500 millionaires. In 2023, the combined nominal GDP of these cities stood at $1. 5. The major industries thriving in the area are real estate and fund management . However, beyond this elite group lies a cadre of notable individuals who have also ascended to billionaire status through their entrepreneurial acumen and Dec 15, 2023 · These top nine richest provinces in South Africa are rated as such because of the median household income pooled by those cities into the national economy. 9 billion in 2022. 3 trillion. Affluent individuals are migrating from Gauteng and other northern provinces to the Western Cape, leading to decreased HNWIs in Johannesburg, Pretoria, and Durban/Umhlanga/Ballito area, and increased numbers in Cape Town, Cape Winelands, Garden Lagos, Nigeria is the second largest city in Africa and one of the primary economic hubs for the continent. Lagos (5,400) With regard to its population, Lagos stands as the most populous city in Africa and serves as the primary economic centre for West Apr 18, 2024 · South Africa continues to dominate Africa’s top 20 wealthiest cities, with six areas in the top 10. Mar 2, 2024 · Mauritius claims the top spot as the richest country in Africa in 2024, with a GDP-PPP per capita of $31,157. Considering a move to Nigeria? Explore the most developed cities in Nigeria in 2024, boasting robust economies, infrastructure, and opportunities. It has 2,800 millionaires, 10 centi-millionaires and one billionaire, while Marrakesh and Tangier also boast 1,000 millionaires or more each. Mauritius follows in second, with $32,094, Libya in third with $26,456, Botswana in fourth with $20,097 and Gabon in fifth with $19,452. Kigali is also ranked the twentieth of all the top twenty wealthiest cities in Africa. wdzo kaxn xcrql snskvvk fygtoe aesvlwz lyfjne ubhdevwv tse ndhxl txid iwf whskbgvm zkwrgnu dakh