Johannesburg was the wealthiest city in Africa as of 2021. South Africa's biggest city held 239 billion U.S. dollars in private wealth, while Cape Town followed with 131 billion U.S. dollars. The country led the ranking of wealthiest nations in Africa. The wealth value referred to assets such as cash, properties, and business interests held by individuals living in each country, less liabilities. Moreover, government funds were excluded.
Total private wealth in major cities in Africa as of 2021
(in billion U.S. dollars)
According to the source, "wealth refers to the net assets of a person. It includes all their assets (property, cash, equities, business interests) less any liabilities. It includes all property holdings, including primary residences".
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Henley & Partners. (April 22, 2022). Total private wealth in major cities in Africa as of 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1182866/major-cities-in-africa-by-total-private-wealth/
Henley & Partners. "Total private wealth in major cities in Africa as of 2021 (in billion U.S. dollars)." Chart. April 22, 2022. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1182866/major-cities-in-africa-by-total-private-wealth/
Henley & Partners. (2022). Total private wealth in major cities in Africa as of 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1182866/major-cities-in-africa-by-total-private-wealth/
Henley & Partners. "Total Private Wealth in Major Cities in Africa as of 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Apr 2022, https://www.statista.com/statistics/1182866/major-cities-in-africa-by-total-private-wealth/
Henley & Partners, Total private wealth in major cities in Africa as of 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1182866/major-cities-in-africa-by-total-private-wealth/ (last visited November 23, 2024)
Total private wealth in major cities in Africa as of 2021 (in billion U.S. dollars) [Graph], Henley & Partners, April 22, 2022. [Online]. Available: https://www.statista.com/statistics/1182866/major-cities-in-africa-by-total-private-wealth/
