7 Cities With The Highest Number Of Wealthy People In Africa

There are hundreds of big cities around the world with many billionaires. However, cities in Africa are not left out as the African continent is also known for being the home to many wealthy individuals.

 

Cities in Africa 

Africa

Have you ever wondered which cities in Africa have the highest number of wealthy people? Or have you thought of where your city ranks among the cities in Africa with the highest number of wealthy people? If so, you have come across the right article that will reveal eight cities in Africa with the highest number of wealthy people.

 

7 CITIES IN AFRICA WITH THE HIGHEST NUMBER OF WEALTHY PEOPLE

(1). CITY OF JOHANNESBURG:

With an estimated wealth of $248 billion, Johannesburg (also known as Jo’burg), a South African city, is the wealthiest in Africa. About 16000 millionaires live in the city, which has a few billionaires.

 

(2). CAPE TOWN:

With a total wealth of $123 billion and a population of over 3.5 million, it serves as South Africa’s legislative capital. One billionaire lives in the city. Property and fund management are the most important industries in the city.

 

 

Cairo

(3). THE CITY OF CAIRO:

More African billionaires live in one of the world’s most historic cities, which also happens to be home to the most billionaires. Egypt’s economy is 22 percent based in Cairo.

 

(4). THE CITY OF LAGOS, NIGERIA:

It is Africa’s most populous city, with a population of more than 22 million. In Lagos, there are two billionaires worth $1 billion each, and there are over 5,400 millionaires in the city.

 

(5). NAIROBI.

About 4.5 million people live in Kenya’s capital city, Nairobi, which has an estimated wealth of $49 billion. Nairobi is East Africa’s most prosperous and popular tourist destination. About 6200 millionaires call the city home.

 

 

Nairobi

(6). THE WINE REGION OF PAARL FRANSCHHOEK AND STELLENBOSCH

Over the past decade, a large number of retirees in this category have relocated to these towns. The combined wealth of the three cities is $47 billion, with 2800 millionaires and two $1 billionaires among its residents.

 

(7). CASABLANCA

Morocco’s capital and largest city, home to an estimated 3.7 million people. There are two dollar billionaires in the city.

 

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Casablanca

(8) ACCRA:

Ghana’s capital city, Accra, is the second west African country to make the list at number eight. West Africa’s capital city is a major manufacturing and distribution center. At least 100 people in Accra have a net worth of $100 million or more, according to local media.