Africa was home to 135,000 millionaires as of 2023. The number of high net worth individuals (HNWIs), each with net assets of one million U.S. dollars or more, slightly increased by nearly two percent compared to the previous year. Total private wealth in Africa amounted to 2.5 trillion U.S. dollars in 2023, slightly higher than in 2022. The wealth value measured referred to assets, such as cash, properties, and business interests, held by individuals living in each country, less liabilities.
Number of high net worth individuals (HNWIs) in Africa from 2011 to 2023
(in 1,000s)
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Henley & Partners. (April 16, 2024). Number of high net worth individuals (HNWIs) in Africa from 2011 to 2023 (in 1,000s) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1242362/number-of-high-net-worth-individuals-in-africa/
Henley & Partners. "Number of high net worth individuals (HNWIs) in Africa from 2011 to 2023 (in 1,000s)." Chart. April 16, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1242362/number-of-high-net-worth-individuals-in-africa/
Henley & Partners. (2024). Number of high net worth individuals (HNWIs) in Africa from 2011 to 2023 (in 1,000s). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1242362/number-of-high-net-worth-individuals-in-africa/
Henley & Partners. "Number of High Net worth Individuals (Hnwis) in Africa from 2011 to 2023 (in 1,000s)." Statista, Statista Inc., 16 Apr 2024, https://www.statista.com/statistics/1242362/number-of-high-net-worth-individuals-in-africa/
Henley & Partners, Number of high net worth individuals (HNWIs) in Africa from 2011 to 2023 (in 1,000s) Statista, https://www.statista.com/statistics/1242362/number-of-high-net-worth-individuals-in-africa/ (last visited December 21, 2024)
Number of high net worth individuals (HNWIs) in Africa from 2011 to 2023 (in 1,000s) [Graph], Henley & Partners, April 16, 2024. [Online]. Available: https://www.statista.com/statistics/1242362/number-of-high-net-worth-individuals-in-africa/