Richest cities in africa 2024 Sep 2, 2024 · With 305,700 millionaires and a staggering 68 billionaires, it rivals even the most established financial hubs by being the second-richest city in the world in 2024. Cape Town is Africa’s top city to watch with 7,400 HNWIs. The Top 20 Richest Cities In Ghana. You don’t get listed by luck on The New York Times and The Dec 29, 2024 · Africa's richest city with more millionaires than Cairo and Lagos combined By Jessica Knibbs. Apr 16, 2024 · Nairobi has been ranked the fourth richest city in Africa with 4,400-dollar millionaires and 10-dollar Centi millionaires in the latest Henley and Partners 2024 Africa Wealth Report. You'll get to see the wealthiest cit Dec 26, 2024 · With a population expected to double by 2050, Africa is witnessing unprecedented urban expansion, making it home to some of the fastest-growing cities in the world. Apr 17, 2024 · 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. Rivers State May 12, 2024 · in today's video, me and @LetsPropIn visited the most luxurious gated estate in Johannesburg, South Africa. Apr 16, 2024 · Nairobi ranked among start-ups' most friendly African cities. The industrial hub of Nigeria dropped from the fourth spot it was in 2023 with 5,400 millionaires , leading to 1,200 people now out of the millionaire radar. Actors; Aug 28, 2023 · African countries are famous for their beautiful landscapes and rich culture. South Africa, being the 2nd richest country in Africa, is home to the highest number of dollar centimillionaires and billionaires. Johannesburg, South Africa 2. Lagos, Nigeria 6. 2% to reach 1,290 millionaires in 2017. Apr 23, 2024 · A recent report by Henley & Partners' 2024 Africa Wealth Report reveals that Africa is home to 135,200 high-net-worth individuals (HNWIs) with liquid investable wealth exceeding USD 1 million Jan 30, 2025 · Africa's richest cities and wealth capitals in 2025, from Johannesburg to Cairo. Apr 30, 2024 · Nigeria is the second largest economy in Africa per Nominal GDP behind South Africa. Which Are the Richest Cities in Africa?As for the top cities with the largest number of millionaire residents, the Africa Wealth Report 2024 lists 20 cities across the African continent Apr 21, 2024 · The latest African Wealth Report for 2024 shows that Cape Town tops the list when it comes to the most expensive city in Africa. Menu. As one of the richest cities in Africa, Johannesburg has a high infrastructural strength, including well-developed road networks, highways, and public transport like Rea Vaya Bus Rapid Transit. Furthermore, this wealth brings about a vibrant city experience with opportunities to explore the luxurious Sandton district. Durban (South Africa): $55 billion. According to the report, between 2013 and 2023, the number of millionaires in Nairobi grew by 25 percent. 9 billion in 2022. Cape Town, South Africa 3. Exclusive data revealing the Top 20 wealthiest cities in Africa. May 14, 2024 · And to tell us which cities are the richest of all, wealth migration firm Henley & Partners has released its annual World’s Welathiest Cities Report for 2024. Jan 15, 2024 · Let’s look at the richest cities in South Africa: THESE ARE THE RICHEST SUBURBS IN SA . South Africa 2. Within this market, the residential real estate segment dominates with a projected market volume of $13. [4] May 17, 2024 · Johannesburg was the wealthiest city in Africa as of 2021. In 2024, Forbes listed New York City with the most billionaires at 110 people, followed by Hong Kong and Moscow, tied at second place, with 74 billionaires, and Mumbai in fourth place with 69 billionaires. He is the founder and chairman of Dangote Cement, the largest cement producer in Africa, owning 85% of the company. Royal AM’s expulsion from the 2024/25 Betway Premiership has seen a radical shake-up in the 10 wealthiest cities in Africa in 2024 1. Link copied Bookmark. The City of Cape Town also had the highest average and median household consumption Jul 25, 2024 · The Henley 2024 World’s Wealthiest Cities Report answers such questions, Africa’s Remote Príncipe Island Is Reinventing Soulful Luxury Travel. Africa’s economic boom: 11 of world’s 20 fastest-growing economies! Top 5 wealthiest cities 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. Namibia, predominately enclosed by the desert, has 1200 considered wealthiest individuals in its Windhoek city, with at least two centimillionaires and nil recorded billionaires. It […] Mar 29, 2025 · It was a banner year for Africa’s billionaires, whose cumulative wealth surpassed $100 billion for the first time ever. From the bustling streets of Johannesburg, where 12,300 millionaires thrive, to the scenic landscapes of Cape Town with 7,400 affluent individuals, these urban centers drive economic growth. Image: /Wanted In Africa/ The Port of Lagos is one of the busiest ports in Africa. Ethiopia. Cape Town, South Africa: 7,400 HNWIs By 2030, Cape Town is expected to overtake Johannesburg as the richest city in Africa Apr 18, 2024 · Dar ranked 85th richest city globally, 12th in Africa Business Apr 19, 2023 Two South African cities Johannesburg (12,300) and Cape Town (7,400) lead in the number of dollar millionaires in Africa with followed by Cairo with 7200, then Nairobi with 4,400 and Lagos completes the Top 5 with 4,200 millionaires. Dec 10, 2023 · This video shows the top 50 richest countries of 2023 in the world. 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. New York City is at the top of the rich list for Discover the richest cities in Africa, home to thousands of millionaires and billionaires, and explore the factors driving their economic growth. Beyond its beauty and development, Abuja is among the richest cities in Africa, not by GDP, but in terms of cash flows. With a GDP surpassing 41 trillion Naira, Lagos leads as the hub of commerce, technology, art, entertainment, and education, continuing to attract investments and rapidly grow. The richest man in Africa is currently Aliko Dangote. 21 Apr 2024. A high-net-worth individual (HNWI) refers to someone who owns liquid assets valued at $1 million or more. Hermanus, South Africa — USD This is a list of cities in the world by nominal gross domestic product (GDP). Within this vast nation, several cities have emerged as centres of economic prowess, generating substantial wealth and contributing to the overall development of the country. Lagos: 4,200 HNWIs. This is the 4th South African city to rank among the top 10 richest cities in Africa marking south fracas as one of the most prosperous countries in Africa. 15:00, Sun, Dec 29, 2024 | UPDATED: 18:43, Tue, Dec 31, 2024. Africa’s economic landscape is rapidly changing, and its cities are at the forefront of this transformation. The city’s number of millionaires grew by 16. Apr 4, 2023 · Johannesburg (14,600) The city of Johannesburg, established during the Witwatersrand Gold Rush of 1886, holds the title of being the richest city in Africa. The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria. Africa now has a total investable wealth of USD 2. Lagos is one of the fastest-growing cities in Africa Apr 5, 2023 · In collaboration with New World Wealth, investment migration consultancy Henley & Partners has published its annual ranking of African cities with the wealthiest residents in its Africa Wealth Report. 6 billion. These 300 cities, including Paris, Seoul, Chicago, Shanghai, and Singapore, play a significant role in shaping the global economic narrative, especially in technology and finance. The North West remains one of the most richest and industrialized province in the country and accounts for about 94% of the country’s platinum. [1] The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency . Apr 3, 2025 · Nigeria, located in West Africa, is a country known for its rich natural resources, diverse culture, and growing economy. It’s home to 8,200 HNWIs, 440 multi-millionaires and 29 centi-millionaires. ” Mar 30, 2025 · Conclusion. Jun 19, 2024 · According to the Mercer’s Cost of Living City Ranking 2024; “African cities that placed highest in the global Cost of Living City Ranking are Bangui (14, up 12 places), Djibouti (18) and N'Djamena (21). So, it has the continent’s biggest stock exchange and a staggering 12,300 millionaires. The average cost The top 10 richest and wealthiest cities in Africa 2024 #explore #africa #african The Richest Man in Africa. The top 20 richest cities in Ghana are: Accra – Greater Accra Region; Kumasi – Ashanti Region; Takoradi – Western Region; Tema – Greater Accra Region; Tamale Top 10 Richest Cities in Africa: From Gleaming Skyscrapers to Hidden Gems!Hey there, adventure seekers and culture enthusiasts! Get ready for an eye-opening Mar 30, 2023 · Top 100 Cities Around the World Ranked by GDPIn this video, we reveal the top 100 cities around the world ranked by GDP. According to the report, Nairobi hosts a significant number of millionaires and billionaires, with 4,400 residents possessing a net worth of US dollars one Dec 5, 2023 · Pretoria, South Africa. In this article, we will delve into the top 10 richest cities in the world, including Tokyo, New York, Los Angeles, Seoul, London, Paris, Osaka, Chicago, Moscow, and Shanghai. for more search query:richest citiesrichest cities of 2024top 50 richest cities 2024top 50 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. Sign in now. The least expensive cities in the region include Blantyre (221), Lagos (225, down 178 places) and Abuja (226). 4 trillion, and by 2035, this number is expected to more than triple, reaching over $5 trillion. Lusaka and Mombasa will also see rising high-net-worth residents. Its pristine beaches, lush forests, and upscale lifestyle make it a coveted destination for luxury real estate investments. ke Nairobi city jumped 26 spots in the Global Start-up Ecosystem Index 2023 ranking, returning to the global top 150 cities. Africa’s 22 billionaires saw their fortunes rise to a total of $105 Apr 17, 2024 · The city, which is the capital of Gauteng province, has a total of 12,300 high-net-worth individuals (HNWIs), according to the 2024 Africa Wealth Report published by Henley & Partners. Oct 4, 2018 · 5. The cost of living in African countries is considerably lower than in other continents. . Close. The wealth report is published by international wealth May 16, 2022 · In Africa, the "Big 5" wealth markets are: South Africa, Egypt, Nigeria, Morocco and Kenya - together, these five countries account for over 50% of Africa's total wealth, according to data from the 2021 Africa Wealth Report. Cairo, Egypt 4. Lagos, Nigeria 🇳🇬. 7. Lagos, Nigeria is the second largest city in Africa and one of the primary economic hubs for the continent. Read more — Africa Wealth Report. Feb 1, 2024 · Join us on a journey through Africa's economic powerhouses as we unveil the top 10 richest cities in 2024. ” Apr 18, 2024 · Plettenberg Bay, South Africa — USD 2,400/m². According to the report, South Africa is still the richest country in Africa, with the high net worth (HNWI) population of 39,200 people holding the most wealth at […] 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 Mar 25, 2025 · The richest cities in Africa: Rankings by different criteria. nkqys mlfoa obnwte tur heweppm qgps vqwj tblwma zbmwyz dnt dvv xguiqstx gamky rwppny ivzpfpa