Margaret Nienaber News

Number of ultra-high-net-worth individuals in Africa to surge

Number of ultra-high-net-worth individuals in Africa to increase

The number of ultra-high net worth individuals – those with at least $30m in assets – in Africa will increase by a staggering 59% over the next 10 years, stronger than the 34% projected global growth.

Mansion in Cape Town, South Africa

High-net-worth individuals (HNWIs) from Africa set to double by 2025: Knight Frank's 2015 Wealth Report

African individuals with 30 million US dollars in assets is set to more than double over the next decade, this is according to The Wealth Report 2015.