Cities with most millionaires in africa. The surprising rise of EMILLIs (also known as Everyday MILLIonaires) - a growing, yet often overlooked, category of investors. The report ranks the wealthiest cities and areas in Africa based on the number of resident millionaires South African cities are at the top of the list in hosting Africa's wealthiest individuals Factors contributing to a city’s wellbeing include infrastructure, business opportunities, standard of living, safety, and good governance Centi-millionaires are individuals with liquid investable wealth of $100 million or more. Which of the markets we’ve analyzed have the most millionaires, How the great horizontal and vertical wealth transfer might look in practice in key markets around the world. At the city level, Johannesburg holds its place as the wealthiest in Africa, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. Cairo (7,200 millionaires), Nairobi (4,400), and Lagos (4,200) also stand out as key urban wealth hubs. Read more in the Africa Wealth Report 2025. ” With an estimated 15,100 millionaires, Johannesburg boasts the highest number of HNWIs on the African continent. At the top of the list is Johannesburg, the largest city in South Africa, often referred to as the “City of Gold. The Henley Private Wealth Migration Report 2024, released today by Henley & Partners, exclusively features the latest net inflows and outflows of millionaires. The highlight clearly goes to South Africa, which managed to place five cities (or regions) in the top ten. Originally founded in 1886 during the Gold Rush, it has evolved into a diversified economy with finance, real estate, and technology sectors. Four of Africa’s top 10 wealthiest cities are in South Africa. The "Big 5" wealth markets – South Africa, Egypt, Nigeria, Kenya, and Morocco – account for 56% of Africa's millionaires and over 90% of its billionaires. Business Insider tells the global tech, finance, stock market, media, economy, lifestyle, real estate, AI and innovative stories you want to know. . Widely regarded as the most business-friendly city on earth, Singapore is also one of the world’s top destinations for migrating millionaires ­— approximately 3,400 HNWIs moved there in 2023 alone and the city now boasts 244,800 resident millionaires, 336 centi-millionaires, and 30 billionaires. Which City Has the Most Millionaires? Heading the list, New York City boasts of an astonishing 340,000 millionaire residents, accounting for approximately 4% of the city’s total population. Sep 18, 2025 · In this article, we take a closer look at the richest cities in Africa, examining the factors behind their growing prosperity, profiling the top five wealth capitals, and uncovering the investment opportunities driving Africa’s new urban elite. Mar 21, 2025 · What's particularly interesting is how this wealth concentrates in specific regions and cities. Also in the top five are Cape Town (7400), Cairo (7200), Nairobi (4400) and Lagos (4200). New York’s status as a global financial hub attracts millions seeking high-paying jobs, while those with lucrative careers are naturally drawn to the city. Cape Town follows closely with 7,400 millionaires, 28 centi-millionaires, and 1 billionaire. The city’s robust economy, driven by industries such as mining, finance, and real estate, has created a favorable environm Apr 29, 2024 · Here are the top richest cities in Africa, ranked by the number of resident millionaires, revealing a diverse tapestry of wealth and economic dynamism across the continent. The title of South Africa's richest city is set to change by the end of the decade, with wealthy South Africans and companies packing their bags. Here’s a list of the top 10 African cities with the most millionaires in 2025. According to the report, the city with the richest people in Africa is Cairo, with 30 centi-millionaires. Dec 14, 2025 · Some cities are home to thousands of millionaires, thanks to business, technology, real estate, and trade. Johannesburg is Africa's wealthiest city with 12,300 millionaires, 25 cent millionaires, and 2 billionaires. Apr 22, 2024 · Cape Town follows closely with 7,400 millionaires, 28 centi-millionaires, and 1 billionaire. Johannesburg has the most millionaires in Africa with 14 600, Cairo (Egypt) is second with 7 400 resident HNWIs, just ahead of Cape Investment migration consultancy Henley & Partners has published its annual ranking of African cities with the most wealthy residents in its Africa Wealth Report, in collaboration with New World The report, which provides a comprehensive review of the wealth sector in Africa, showed that South Africa is home to over twice as many millionaires (HNWls) as any other on the continent, whilst Egypt has the most billionaires on the continent. Cairo (7,200 millionaires), Nairobi (4,400), and Lagos (4,200) also stand out as key urban wealth Exclusive data revealing the Top 10 wealthiest cities in Africa. Johannesburg, Cape Town and Cairo are Africa’s richest cities By city, Johannesburg remains the richest in Africa, with 12,300 millionaires. bwv1, xz6ek, eb9eng, 8iuzg, qrad, liip2, kfsrrb, akpg, nbho3, f5k5,