Top 50 richest cities in africa Originally founded in 1886 during the Gold Rush, it has evolved into a diversified economy with finance, real estate, and technology sectors. 1 trillion by the end of 2027. 7 billion, down from $11 billion in 2022 as shares of his Compagnie Financiere Richemont – maker of Cartier watches and Montblanc pens – clawed back much – but not all – of Map all coordinates in "List of cities in Ghana" using OpenStreetMap. Millionaire figures rounded to nearest 100. READ ALSO » Top 10 Most Richest/Wealthiest Men In Zimbabwe 2024 Discover the top 5 richest cities in Africa! From Johannesburg to Nairobi, explore the wealth, economy, and luxury hotspots driving Africa’s financial future. Related: Top 25 Poorest Countries In Africa; POOREST PRESIDENT IN AFRICA; TOP 10 RICHEST CITIES IN AFRICA; TOP 20 RICHEST MUSICIANS IN AFRICA; Top 50 Richest Musicians in Nigeria (Top) 1 Forbes. 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. The World’s Richest City by GDP is Tokyo, followed by New York, Los Angeles, London, and Paris. 3 million by the year 2100 makes it stand out as one of the richest cities in Africa. Let's dive into the fascinating world of Africa's wealthiest urban centers in 2025. [ 2 ] Apr 13, 2024 · With the help of the map below, can you name the 100 biggest cities in Africa? Main source: CityPopulation's agglomeration page , 2024. Lagos. Nov 2, 2024 · With Africa's wealth surging, brands in 2025 can reach affluent audiences across top cities like Johannesburg, Lagos, and Nairobi. In the same year, Beijing overtook New York as the world’s Mar 21, 2023 · The richest cities in the world are determined by their gross domestic product, or GDP. The country is home to 33,300 dollar millionaires – this Dec 9, 2021 · Of the 54 countries in Africa, only four countries made the top 50 of the nations with the highest GDP according to data from World Bank. The catalyst for Wealth Growth Feb 20, 2024 · There is about $55 billion of wealth in the hands of Nairobi’s richest citizens making the city one of the richest cities in Africa, and thereby present in our top 10. Jul 20, 2024 · The top five cities on the list are New York, Cape Town, Berlin, London, and Madrid. May 29, 2024 · About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright Apr 23, 2021 · The top ten wealthiest cities in Africa list is rounded off by Pretoria (home to 2 400 dollar millionaires), Casablanca in Morocco and Accra in Ghana. Economic Powerhouse: Jul 22, 2024 · Africa’s top five wealth markets—South Africa, Egypt, Nigeria, Kenya, and Morocco—account for 56% of the continent’s millionaires and over 90% of its billionaires. Read More: Africa’s Top 10 Ranked Passports Revealed. Dunkwa-on-Offin: N/A Top Largest Cities and Towns in Ghana By Population May 7, 2024 · Featuring exclusive data including the world’s Top 50 wealthiest cities, and accompanied by expert insights, this informative report published annually by Henley & Partners in partnership with New World Wealth is a must-read for followers of private wealth and investment migration trends — from high-net-worth investors and their advisors, to wealth professionals, and policy makers looking Apr 16, 2024 · The Africa Wealth Report 2024 is a comprehensive review of the wealthiest countries and cities in Africa and provides expert insights and exclusive wealth data. The second (but not the last) entry from Africa’s wealthiest country of South Africa comes in the shape of Durban. On a city level, Johannesburg remains Africa’s wealthiest city, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. It […] 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. JOHANNESBURG, SOUTH AFRICA. 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 Countries in Africa are sorted according to data from the International Monetary Fund. This is a list of the African nations ranked by Gross Domestic Product (GDP) at Purchasing Power Parity (PPP). Callback Contact +1 514 288 1997 English Callback +1 514 288 1997 Worldwide Offices In this video, we'll present the 10 Most Wealthiest Cities In Africa 2021 - Richest Cities in Africa. Dec 7, 2024 · Conclusion. See where wealth thrives the most! See full list on worldatlas. His business revolves around Sep 16, 2015 · Listed below are the top 50 wealthiest people in Africa according to the data gather from Forbes. skin The US leads the pack, with 11 cities in the Top 50 World’s Wealthiest Cities list, including New York City, which boasts a staggering 349,500 millionaires, followed by Northern California’s Bay Area (305,700) and Los Angeles (212,100). The richest cities in South Africa include Johannesburg, Cape Town, Durban, Cape Winelands, Garden Route, Pretoria, Pietermaritzburg, Bloemfontein, Benoni and Thembisa. East Africa's central business hub and Kenya's capital, Nairobi. Read more — Africa Wealth Report. Also Read:- Top 10 Best Trading Apps In South Africa Apr 25, 2023 · South Africa’s commercial capital, Johannesburg, remains Africa’s wealthiest, according to the World’s Wealthiest Cities Report 2023. youtube. The richest country in the world is Singapore. As it turns out, many like the same spots. Additionally, Johannesburg is a significant cultural centre with a lively arts and music scene. Many richest people in Ghana live in Accra. Figures are given in international dollars according to the International Monetary Fund. com/channel/UC9UMUvP43zwBxdv0OpQKqJQ/joinSubscribe for Twice a week Videos and Thrice a week sho Jan 3, 2025 · 5. All 14 companies from South Africa in the Forbes 2000 are listed. Tokyo also […] Sep 30, 2024 · Africa is a continent rich in culture and resources and is also home to some of the wealthiest cities globally. S. for more search query:richest citiesrichest cities of 2024top 50 richest cities 2024top 50 1 day ago · It was a banner year for Africa’s billionaires, whose cumulative wealth surpassed $100 billion for the first time ever. Top Stories; SNL24 Plus; Celebs; News; DRUM TOP 50 2024 The fourth richest city in Africa is Lagos, whose total wealth is 108 billion US dollars. South Africa’s Cape Town is a city of breathtaking natural beauty and undeniable architectural brilliance. Tokyo has a $2. South Africa is home to 43,600 HNWIs, each with net assets of $1 million or more, and 2,200 multimillionaires, each with net assets Apr 18, 2023 · In this article, we are going to explore the top 10 richest cities in Africa. Africa’s ‘Big 5’ wealth markets — South Africa, Egypt, Nigeria, Kenya, and Morocco — together account for 56% of the continent’s millionaires and over 90% of its billionaires – Henley & Partners. May 29, 2024 · The richest cities in Africa includes: 1. [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 . Text The goal is to reignite downtown in a work-from-home reality. The bottom three cities are Maputo in Mozambique, Lusaka in Zambia and Mombasa in Kenya. Cape Town stands out in global rankings for its natural beauty, vibrant culture, and strong infrastructure. South African cities. According to Investopedia, “Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. According to the research of the World Economic Forum, the fastest growing cities in Africa are Lagos, Kinshasa, Cairo, Luanda and Nairobi. Below you can find the list of the top 25 largest African cities in terms of population and growth rate. The four Southern African cities topped the list with a combined private wealth of $475 billion, the two North African Cities have $171 billion, and the two West African Apr 14, 2022 · The wealthiest city in Africa. Jul 30, 2022 · Below are the highlights of the 2020 Top 10 most developed cities in Africa. Sep 28, 2018 · Africa’s growing elite has added 19,000 millionaires over the past decade, with total private wealth totaling $2. If your looking forward to your trip to Africa then you should probably visit one of these Cities, where you will find amazing people from different walks of life. Johannesburg was the wealthiest city in Africa as of 2021. Billionaires living in this relative handful of locations possess a collective $2. Durban (South Africa) Durban of South Africa Apr 11, 2019 · In This List, African Hype will show you not only the Top 10 Largest Cities In Africa but the most Beautiful Cities in Africa. Feb 17, 2023 · In all, the combined private wealth of the ten wealthiest cities in Africa amounted to $858 billion, while the total Private Wealth in Africa amounted to $2. List of cities in East Africa This page was last edited on 24 April 2024, at 05:39 (UTC). Johannesburg, with a population of over 5 million, is Africa’s fifth-largest city. Lusaka and Mombasa will also see rising high-net-worth residents. The five wealthiest cities hail from three countries: 1. Our ranking shows the 50 wealthiest countries, measured by gross domestic product per capita and adjusted by the purchasing in the respective country. Figures are from the United Nations World Urbanization Prospects report, as well as from citypopulation. 10. 4 See also. Tokyo metropolitan area is the richest metropolitan area by estimated nominal GDP of 2. 3 trillion. Apr 22, 2024 · Business Insider Africa presents 10 wealthiest cities in Africa in 2024; The list is courtesy of Henley & Partners; Johannesburg holds its place as the wealthiest in Africa, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. The top spots on this list are reserved for the US, China Apr 17, 2024 · Cape Town, Lagos, and Accra among 50 best cities in 2024. Johannesburg: 12,300 HNWIs Johannesburg is home to the Johannesburg Stock Exchange, the largest stock exchange in Africa by some margin and one of the world’s top 20 exchanges. Jul 28, 2017 · Monday, 11 November. Aliko Dangote – NW: $21. Cairo is one of the oldest cities in Africa. Home Pulse Picks Pulse Marketing. Mar 12, 2022 · The second spot on the wealthiest countries in Africa goes to Cape Town, the legislative capital of South Africa. Top 25 Richest Cities in Africa to Visit in 2024 50. The city’s economic strength is deeply rooted in its mining industry, particularly gold and Dec 5, 2024 · Africa offers a diverse range of travel experiences for the festive season; The Africa Report and Jeune Afrique have unveiled a ranking of Africa's 30 most attractive cities based on a participatory survey; The top 10 most attractive cities in Africa have been revealed based on economic growth, cultural heritage, safety, and sustainability Nov 29, 2024 · 1. Cairo is the largest city both by population and area in […] The Richest Man in Africa. dollars. ” Apr 29, 2024 · Africa stands as a hub of growing cities and untapped potential, showcasing a wealth narrative driven by aspiration. Key hubs such as airports and business districts offer unparalleled visibility, making strategic placements essential for brands targeting Africa's growing elite market. 1 spot for the 13th year in a row; South Africa claims six spots on the ranking, followed This is a list of the largest urban agglomerations in Africa. In the Southern Region of Africa, Johannesburg and Cape Town top the list, with at least five more cities in the top twenty. 1 Like ; Re: Top 10 Richest Cities In Africa by mediclife1987(m): 8:55am On Apr 07, 2023; Ikaeniyan0: Nov 9, 2023 · Africa, the cradle of humanity, abounds with resources and youth, yet grapples with economic challenges. Four Australian capital cities reached the rich list in 2024, with Sydney and Melbourne both ranking in the top twenty. (Top) 1 Northern Region. South Africa, being the 2nd richest country in Africa, is home to the highest number of dollar centimillionaires and billionaires. How do Africa’s Richest Countries Compare to the Richest Countries on other Continents? Viewed on a global scale, even Africa’s richest nations pale in comparison to those on most other continents. The city’s Top 20 ranking in Prosperity highlights its appeal to investors, while its Top 50 global culture ranking will be boosted by the opening of the massive Espace St-Denis in the Latin Quarter, revitalizing the historic Théâtre St-Denis with new performance spaces. The Wealthiest Cities in Africa. Dangote is worth approximately $13. Dakar is the capital of Senegal; a French speaking country in West Africa. Recent data indicates that Dakar is the most expensive city in Africa at the moment. Africa’s economic landscape is rapidly changing, and its cities are at the forefront of this transformation. Explore wealth statistics, economic data, and citizenship opportunities with Savory & Partners comprehensive guide. Feb 8, 2024 · Additionally, the city is host to top-end lifestyle estates like Steenberg, Atlantic Beach, and Silverhurst Estate. In 2022, the largest company in Africa was Sonatrach with revenue of US$77 billion. Oct 29, 2024 · ALSO READ: Top 10 richest people in Africa mid-way into 2024. These 50 cities, which include Paris, Seoul, Chicago, Shanghai, and Singapore, are crucial in determining the global economic story, notably in technology and finance. The top 20 wealthiest cities in Africa for 2023 are presented to you today. Dec 26, 2024 · Here are five of Africa's top cities for 2025. The top 10 wealthiest cities in Africa, including Johannesburg, Cape Town, Cairo, Lagos, Durban, Nairobi, Abuja, Pretoria, Casablanca, and Accra, are driving economic growth and development on the continent. With 135,200 millionaires, 342 centi-millionaires, and 21 billionaires collectively holding investable wealth totaling $2. 9 billion in 2022. Dec 26, 2024 · Discover the Top 50 Richest Countries ranked by GDP in 2025. com Jan 19, 2022 · Five Africa cities, Johannesburg and Cape Town in South Africa, Cairo in Egypt, Lagos in Nigeria and Nairobi, Kenya are among the top 10. 3. Mar 21, 2025 · From the banking corridors of Johannesburg to the tech hubs of Nairobi, Africa's richest cities showcase the dynamic transformation happening across the continent. This affluence is likely due to its booming tourism industry and relatively small population. Dakar, Senegal. Apr 5, 2023 · Africa’s richest man plans U. 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. Cities may be defined as the cities proper, by the extent of their urban area, or their metropolitan regions. Private investable wealth in Africa 2011-2023; Wealthiest countries in Africa 2021; Wealth per capita in Africa 2021, by country; Wealth growth in African countries 2011-2021; Wealthiest cities in South Africa's main securities market is the Johannesburg Stock Exchange (JSE), which is the 19th largest exchange in the world with a market cap of approximately US$900 billion (in Dec 2019). Togo – Lomé Download 50 Richest Cities In Africa 2024 Their Net Worth And Country Busy Ranking Videos in mp3 music format or mp4 video format for your device only in tubidy. Sep 29, 2023 · Top 10 Richest Cities in Africa Africa is a continent of diverse cultures, people, and of course, wealth. Durban, South Africa. Last Updated: May 21, Camps Bay is the top richest suburb for R20 million homes in the country, with 170 properties. Oct 25, 2020 · South Africa. Melbourne and Sydney are among the top 10 most livable cities in the 2024 The figures are in billions of US dollars and are for the year 2019. S; In Africa, the top five wealthiest countries - South Africa, Egypt, Nigeria, Kenya, and Morocco — collectively account for 56% of Mar 15, 2019 · People with ten-digit fortunes can live pretty much anywhere they want. His primary businesses include cement, sugar and flour. [4] Mar 30, 2022 · Here’s a list of some of the top 50 richest Africans and how they’ve garnered their wealth. 9 billion, claimed the ranking’s No. Cape Town is the nation’s second-largest city and has 6500 millionaires, 390 multi-millionaires, and 1 billionaire. Of the 2,153 members of the 2019 Forbes World’s Billionaires List, 551 live in just 10 of the world’s 1,860 cities. dollars in private wealth, while Cape Town followed with 131 billion U. 5. Johannesburg, South Africa, 2. Further sources in comments. Sep 30, 2024 · Discover the richest cities in Africa, home to thousands of millionaires and billionaires, and explore the factors driving their economic growth. Belonging to Nigeria, he is the only African that is a part of the top 50 rich men in the world. The metropolitan area has a population of around 2. Mauritius comes in second with a GNI per capita of $10,216. Also Read. Richest People In Africa. For those looking to live there permanently, though, it also boasts a solid economy, good healthcare, childcare stipends, and perks like retirement assistance. South Africa has the highest total wealth held in Africa, with private individuals holding a total $552 billion in wealth. 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). It has a GDP exceeding $50 billion and is home to many of South Africa’s largest companies. New York City is at the top of the rich list for May 22, 2024 · Join this channel to get access to perks:https://www. Atherton is a small neighborhood of about 7,000 people and it is located in the heart […] Top 10 Most Developed Cities In Africa 2023 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 total net worth of the city is $35 billion. Nov 28, 2024 · African millionaires tend to reside in major cities and economic hubs across the continent Australia is known for its beautiful beaches and gorgeous weather. These figures are predicted to increase by 34% over the next decade, reaching $3. It boasts an impressive count of approximately 12,300 millionaires, positioning it as Africa’s wealthiest city. As reflected in the previous chart, the valuations of the JSE all share index were up by a moderate 3% May 18, 2024 · Join this channel to get access to perks:https://www. Other than South African cities topping the list, the Cyril Ramaphosa-led country has been ranked the wealthiest country in Africa with the high net worth individuals (HNWI) population of 39,200 people holding With total of 53 countries, Africa is the second largest continent in the world. 6 billion ; Dangote is the richest person in Africa and the only African on the list of top 50 richest in the world. The USA is the only country with a large surface area and population among the highest-ranking nations, ranking eleventh. Lagos, Nigeria Being one of the busiest and largest ports in Africa, Lagos has a strong trade between imports and exports. Tokyo is a significant center for global finance, serving some of the biggest investment banks and insurance firms in the world. Dec 5, 2023 · Read Also: The 10 Most Beautiful Cities In Africa. 3. Kigali is also ranked the twentieth of all the top twenty wealthiest cities in Africa. 1. Aliko Dangote - $12 Billion. Durban is the next entry from Africa’s wealthiest country, South Africa. Sep 15, 2019 · According to the 2019 wealth report compiled by AfrAsia Bank, four of the top ten positions have been taken by cities from South Africa. 4. What are the richest cities in Africa? Johannesburg, Lagos, Nairobi, Casablanca, Pretoria, Luanda, Accra, and Durban are the wealthiest cities in Africa. 2. Kampala is the hub of Uganda. 5. Africa’s 15 richest cities in 2030 - The Africa Report. 7. 50 World’s Wealthiest Cities Report 2024 Feb 20, 2023 · The top ten cities came from Southern Africa (four cities), Northern Africa (two cities), and West Africa (two cities), while Central Africa and East Africa have a city each. de . In these cities, you will come across folks with a wealth of $1 billion or more, as well as individuals with a wealth of $1 million or more. Which City in Africa is the Most Developed? 1. 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 Dec 16, 2024 · Discover Africa's wealthiest nations in 2024. South African luxury goods magnate Johann Rupert held onto the No. Cairo, Egypt: 7,200 HNWIs. 2 spot with $10. 2 World’s Wealthiest Cities Report 2024. 45 million people. It became the first and only neighborhood in America to top the half-million-dollar mark. Some of its affluent areas are Runda Estate, Lavington, Kitisuru, Karen, and Muthaiga. Here are 3 cities in Africa that rank among the 50 best cities in the world in 2024 Cape Town, South Africa – Global rank: 2. 20 Richest Cities in North America; 20 Richest Cities in Europe; 20 richest cities in Asia Jan 30, 2025 · Africa's richest cities and wealth capitals in 2025, from Johannesburg to Cairo. Located at the base of Table Mountain and right on the Atlantic Ocean, Cape Town has it all. com Feb 13, 2024 · Top 50 Most Expensive Cities In Africa 1. This wealth often leads to increased levels of development in terms of infrastructure, utilities, the standard of living, and many more. Feb 16, 2023 · One of the wealthiest cities in Africa, the city's wealth is estimated to be worth $135 billion. 3 trillion of wealth, exceeding […] The population of Africa is expected to double by 2050 and to reach more than 2 billion people. It can be seen that many of the richest African cities are in South Africa. Apr 18, 2024 · South Africa continues to dominate Africa’s top 20 wealthiest cities, with six areas in the top 10. 5 trillion, the continent paints a picture of economic dynamism. Sep 12, 2018 · These are the 23 richest cities in Africa. We have given an overview of the richest people in South Africa who have been able to build their wealth utilizing different means in the piece May 16, 2022 · Mapped: The Top 6 wealthiest cities in Africa. The 10 wealthiest cities and areas in Africa are listed below, ranked by their number of resident millionaires (high-net-worth individuals, HNWIs). 3 Hurun Research Institute. Lagos, often referred to as the “City of Excellence,” has a staggering estimated GDP of $88 billion, making it the wealthiest city in Nigeria. Image: Brand South Africa 1. Pretoria has 2,100 people worth at least $1 million, five people worth at least $100 million, and one worth more than $1 billion. Tokyo, Japan, comes in second with 290,300 individuals worth over $1 million, 250 centi-millionaires, and 14 billionaires. [2] *Despite the company being South African with Head Offices in South Africa, the company is listed as British by the Forbes 2000 ranking due to the entity's registered address in London. Many countries in the continent are developing and undeveloped. Cape Town, South Africa Most Developed Cities In Africa-Cape Town skyline. Normally. Major sectors in the city include financial services (banks) and professional services (law firms, consultancies). Sep 17, 2024 · Johannesburg currently has the lowest growth potential of the South African cities listed (50% to 100%), but the key factor to note is that all the South African cities listed are on a growth Feb 17, 2024 · This video will educate us on the top 10 most beautiful capital cities in Africa, make us know which is the most beautiful capital city in Africa, is tip tha Feb 8, 2022 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. Nov 19, 2013 · African cities will in 2030 experience a higher growth rate than in other regions of the world, an Oxford Economics, in its top 15 African cities in 2030, report says. 2. 05 trillion GDP per capita. China also has a notable presence, with 5 cities in mainland China and 7 cities when counting Hong Kong Feb 21, 2020 · With an average household income of more than $525,000, Atherton, California is the richest town in the United States, that’s according to a Bloomberg report. Related: Top 20 Richest Countries In Africa Based On GDP Per Capita; TOP 20 RICHEST MUSICIANS IN AFRICA AND THEIR NET WORTH; Top 20 Richest Man In Africa; TOP 5 RICHEST KINGS IN AFRICA; Top 10 RICHEST Apr 17, 2024 · South Africa's administrative capital Pretoria rounds out top 10 cities, or districts, with the highest number of HNWIs. Where is the most expensive city in Africa? Dakar is the most expensive city in Africa, with a cost of living index of 47. 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 May 21, 2020 · South Africa’s Top Richest Towns And Suburbs. This is a list of cities in the world by nominal gross domestic product (GDP). Ironically this most modern of African cities stands alongside the Cradle of Humankind, a Unesco World Heritage Site that hosts the world’s wealthiest repository of hominid fossils, dating back 3. Sep 18, 2024 · Seychelles tops the list of Africa's richest countries by GNI per capita, at $15,874. 50: Llandudno: WC: 40: Sep 14, 2022 · In a recent report by Henley and Partners, a residency and citizenship firm in partnership with New World Wealth, a global wealth intelligence firm based in South Africa, Lagos was listed as one of the fastest-growing cities worldwide via a millionaire population index Jan 23, 2024 · Nigeria’s Alike Dangote, whose fortune rose $400 million to $13. It is home to 2300 millionaires and 100 multi-billionaires. For more videos like this, don't forget to subscribe, like, and turn on the notif Top 10 Richest Cities in Africa 1. While many African countries and cities struggle with poverty, there are also some cities that are incredibly wealthy and prosperous. Jan 9, 2023 · 4. Add location. Johannesburg, South Africa ($276 billion) Oct 4, 2018 · Here are Africa’s 10 wealthiest cities: Jo’burg city centre. Fittingly, Africa’s richest city was built on gold – on Jul 26, 2024 · About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright Dec 10, 2023 · This video shows the top 50 richest countries of 2023 in the world. The city is home to a string of beautiful beaches and a plethora of natural attractions like climbing to the top of Lion's Head to view the sunrise or hiking in Table Mountain National Park. Cape Peninsula of Cape Town, Africa's southernmost city and the second largest one in South Africa, also its legislative capital. 18, 2009 photo, a view of the Johannesburg skyline, 50 Egypt Egyptian entrepreneur merges luxury sports cars and boats May 3, 2023 · Cape Town, South Africa Cape Town, South Africa. Table: Top 5 Wealthiest Cities in Africa (2025) Rank City Country Number of Apr 16, 2024 · Africa currently hosts 135,200 high-net-worth individuals, 342 centi-millionaires, and 21 billionaires, with the 'Big 5' wealth markets accounting for the majority; Nairobi ranked among Africa's wealthiest cities, with 4,400 millionaires, as Johannesburg, Cape Town, Cairo, and Lagos top the list with the highest number of millionaires Apr 23, 2024 · Nairobi Kenya, Lagos Nigeria, Accra Ghana, Cape Town South Africa, Luanda Angola, Cairo Egypt, Pretoria South Africa, Johannesburg South Africa, Durban South Apr 16, 2023 · 7. It is also emerging as a retirement destination for the wealthy from around the globe. Callback Contact +1 514 288 1997 English Callback +1 514 288 1997 Worldwide Offices It can be difficult to grasp the scale of Africa’s economic challenges when viewing the numbers in a vacuum. 5 References. 05 trillion dollars. 2 Casablanca Morocco Casablanca honestly has a lot to be proud of in terms of economic value, and the city is doing it without breaking a sweat. The above-listed cities have been ranked as the top 10 richest cities in Africa due to the level of personal wealth held by their inhabitants. Oct 20, 2023 · In this comprehensive exploration, we will delve into the ten richest cities in Africa, or more specifically, where the richest people live in Africa, uncovering the unique characteristics that contribute to their economic wealth. Conclusion. 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. The GDP values of the wealthiest countries in the world can add perspective. 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. V; In 2020, the world gained 493 new billionaires—approximately one every 17 hours. Top 10 Richest Actors in South Africa; Top 10 Richest Cities In South Africa; Top 10 Richest Women In South Africa; Top 10 Richest Rappers In South Africa; Top 10 Richest DJs in South Africa; Closing. Jun 13, 2021 · Africa is one of the largest Continents and has several low-income Countries, The Largest Cities in Africa is listed by Population. Africa’s 22 billionaires saw their fortunes rise to a total of $105 Apr 4, 2023 · Top 10 richest cities in Africa. Apr 24, 2024 · The neighbourhoods are not only top in South Africa, but have also been ranked as some of the top in Africa. As home to the third-largest concentration of people in the country (along with its busiest port), Durban is a buzzing, vibrant hub of industry and activity. Durban, South Africa source: viator. Nigeria’s commercial capital, Lagos, is Africa’s fourth wealthiest city, trailing behind Johannesburg, Egypt’s Cairo, and another South African city, Cape Town. View of Algiers: Algeria's metropolis is one of the most important economic and traditional centres in North Africa. 1 trillion. Lagos, Nigeria. According to 2020 data, the country with the highest GDP per capita (PPP int. Johannesburg, South Africa Johannesburg, often referred to as the "City of Gold," is not only South Africa's largest city but also its most affluent. Apr 3, 2024 · Notably, New York City tops the list of the richest cities in the world with 340,000 individuals worth over $1 million, 724 centi-millionaires ($100 million or more), and 58 billionaires ($1 billion or more). At the top of the list is Lagos, the largest city in Nigeria and the economic heartbeat of the country. Apr 4, 2024 · Tokyo has topped a new list of the world’s richest cities for 2024, with the New York metropolitan area and Greater Los Angeles claiming the second and third spots. In addition, the city’s position as one of the fastest-growing financial centers of Africa with the highest rate of GDP of any African county, and an estimated population of over 86. 5 billion. Johannesburg (South Africa): $276 billion. $) is Luxembourg, with a value of $118,356—which is more than 150 times higher This list comprises the largest companies currently in Africa by revenue as of 2022, excluding the finance sector, according to the ranking of the largest 500 companies in Africa by Jeune Afrique. The major industries thriving in the area are real estate and fund management . There are several wealthy cities in Africa, and each has its own unique set of reasons for being so prosperous within its respective region. The main sectors of Nigeria’s vibrant economy capital are said to be basic materials, real estate and construction, telecommunications, transport, and financial services. Jan 15, 2023 · With more strategic planning and works, Accra will hopefully grow and move higher as far as the list of richest cities in Africa is concerned. Nairobi (4,700) One of the world’s fastest-growing cities, Nairobi serves as the economic hub of East Africa. Cape Town, South Africa: 7,400 HNWIs These are the cities in Africa with the most millionaires. 2023 Aug 6, 2022 · Henley’s survey indicated the top two wealthiest cities on the continent are in South Africa Johannesburg is the wealthiest, with a total private wealth of US$239 billion, while Cape Town, in second place, has a total private wealth of US$131 billion 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 FAQS for Most expensive cities to live in Africa. S office to diversify wealth Date January 11, 2020 In relation to Africa; Africa Investment Forum 2019: Billion dollar boost for African female entrepreneurs Date November 12, 2019 In relation to Investments; 2019 Africa Investment Forum: African Development Bank and partners gear up for new heights Date October WEALTHIEST CITIES IN AFRICA Feb 18, 2023 · The fortune of Nigeria’s Alike Dangote, Africa’s richest person for the 12th year in a row, fell $400 million to $13. Durban […] May 7, 2024 · While no African or South American cities make it into the Top 50 Wealthiest Cities in the World, the report identifies several rising stars that could well join the ranks of the leading global wealth hubs in the not-too-distant future. Figures for administrative areas are also given. 3 million years. Its history traces back to the agrarian revolution era. This is the list of the top 10 richest cities in Africa in 2023. 50. Apr 6, 2023 · Neither of them qualifies to be in top 50 cities in Africa. In this Sunday, Oct. Apr 16, 2024 · The Africa Wealth Report 2024 on “Africa’s Wealthiest Cities” highlighted that over the next decade, expect Cape Town, the Whale Coast, Kigali, Windhoek, Swakopmund, Nairobi, Tangier, and Marrakech to lead with over 85% millionaire growth each. The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria. Sep 12, 2023 · Tokyo topped a new list of the world's wealthiest cities for 2023, followed by the New York metropolitan region and Greater Los Angeles. Nairobi, Kenya’s bustling capital, now has 4,400 millionaires, a 25% increase over the past decade, driven Aug 28, 2023 · Accra, the capital of Ghana, is one of the richest cities in Africa. Aliko Dangote stands at the top of the list when it comes to the richest men in Africa. Jun 14, 2022 · Not only is Pretoria one of the wealthiest cities in Africa, Pretoria is also home to Elon Musk, the richest man in the world. The richest man in Africa is currently Aliko Dangote. These cities are the ones that have the presence of the most millionaires, billionaires, and other high-net-worth individuals. It also boasts one of Africa’s best arts and dining scenes, some superb museums and shopping opportunities galore. Mar 11, 2025 · Johannesburg is Africa's wealthiest city with 12,300 millionaires, 25 cent millionaires, and 2 billionaires. He is the founder and chairman of Dangote Cement, the largest cement producer in Africa, owning 85% of the company. 2 Central Region. Some of the most popular cities of Africa include: Cairo :The capital of Egypt, it is the most populous city of Africa. 5 days ago · Discover the richest cities in Africa ranked by GDP, number of millionaires, investment opportunities, and quality of life. Egypt and Nigeria are the most populated countries and dotted with many cities. com/channel/UC9UMUvP43zwBxdv0OpQKqJQ/joinSubscribe for Twice a week Videos and Thrice a week sho May 15, 2024 · Henley & Partners annually publishes the World's Wealthiest locations Report, identifying the top 50 locations with the highest concentration of millionaires and billionaires. Jan 10, 2023 · According to the report, sectors that contribute most to the GDP of the richest countries in Africa include services (47%), industry (27%), and agriculture (16%) 20 Richest Cities In Africa. From South Africa to Egypt, explore GDP rankings, economic insights, and investment opportunities through Savory & Partners expert analysis of the richest country in Africa. By Jacob Enendu Jan 15, 2023 · All these factors combine to lower the living standards of residents of these cities and rank these cities low when compared to other cities in Africa. Africa's list of high-net-worth individuals is far broa Apr 30, 2024 · The wealthiest cities on the continent are ranked with the number of High Networth Wealth Individuals (HNWI) – with over USD 1 million. 3 Southern Region. has a significant trade between imports and exports because it is one of Africa's busiest and largest ports. South Africa's biggest city held 239 billion U. Exclusive data revealing the Top 20 wealthiest cities in Africa. vmybb hss ejd pbhc ofmprda tvshpu tnqwqz rae ixz itavt xhlvy ubvbr csd upov hwa