Cairo tops the list of cities in North Africa and third on the continent in terms of the number of millionaires
Cairo topped the list of the richest cities in North Africa, and third in Africa in terms of the number of millionaires residing there and high-wealth individuals, according to Henley & Partners. The British world leader in the field of residency and citizenship by investment.
Cairo is home to the largest number of billionaires and hundreds of millionaires than any other city in North Africa, and ranks only third in terms of The number of wealthy people in Africa is 7,200 wealthy people, as it is located along the Nile River, and it is one of the most important cities in the world historically.
The city takes the lead. /Johannesburg/ List of cities in South Africa and the first in Africa, as it has 12,300 high-net-worth people, and includes the Johannesburg Stock Exchange, the largest in Africa, and is one of the 20 largest stock exchanges in the world.
Most of the city’s upscale wealth is concentrated in the suburbs surrounding the Sandton City shopping centre, which has been called “the richest square mile in Africa”. Then the South African capital, Cape Town, comes in second place in Africa with 7,400 wealthy people, as the city includes many of the most luxurious residential suburbs in Africa, including the 7 best suburbs in the New World.
The city is currently benefiting from "immigration" Cape Town continues to attract large numbers of wealthy people from other parts of South Africa, especially Johannesburg and Pretoria, and is also an increasingly popular destination for millionaire immigrants from Europe and the rest of Africa.
Cape Town/ On track to overtake Johannesburg to become the richest city in Africa by 2030.
After that, the Kenyan capital, Nairobi, in East Africa, comes in fourth place. With 4,400 wealthy people, the city is the economic engine of East Africa, and home to some of the oldest and most prestigious luxury residential neighborhoods in Africa.
The Nigerian city of Lagos also topped the list in West Africa. It is ranked fifth in Africa with 4,200 wealthy people, and is the largest city on the continent in terms of total population. It is also the main city for African multinational companies such as the Dangote Group and the Bank. Zenith.
The Cape Winelands region in South Africa has 3,600 wealthy people, and includes many luxury properties that attracted the wealthy, and most of the vineyards in the region Owned by the ultra-rich and millionaires.
In seventh place are the cities of: Durban, Umhlanga, and neighboring Ballito, which have 3,500 residents. It overlooks the coast of Natal in South Africa and is characterized by many of the best environmental properties in the world, and has luxury residential complexes.
The eighth place was for “Garden Road” in South Africa. It has 3,200 wealthy people and extends from Mossel Bay to Storms River on the southern coast of South Africa.
Then comes the city of /Casablanca/ Morocco is in North Africa, with 2,800 wealthy people, as it is the economic center of the country. It includes major companies headquartered in the city, which is one of the largest stock markets in Africa.
Finally, in tenth place is the city of Pretoria, which has 2,100 wealthy people. It is the capital of South Africa and one of the best business centers in the country. The country.
In general, Henley & Partners expected The number of millionaires in Africa will rise by 65% during the coming period, with strong growth expected in most major cities.
It is also expected that the main wealth-generating industries will be financial technology and tourism. Environmental, business process outsourcing, software development, rare earth mining, green technology, media and entertainment, and wealth management.
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