Business [LIST] Top African Countries With Highest Number of Wealthy Individuals

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LequteMan

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Nigeria - According to data by the research firm New World Wealth, these are the African countries with the highest number of people worth $1 million or more:

South Africa - 46,800 People have $1 million or more
Egypt - 20,200
Nigeria - 15,400
Kenya - 8,500
Angola - 6,400
Morocco - 4,800
Algeria - 4,700
Mauritius - 3,200
Namibia - 3,100
Ethiopia - 2,800

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Read: 5 African Cities With Highest Concentration of Wealthiest Individuals

However, the picture looks slightly different when the number of millionaires is examined in the context of each country’s population.

Mauritius - 2,469 people are worth $1 million or more per a million people
Namibia - 1,348
South Africa - 883
Angola - 298
Egypt - 246
Kenya - 192
Morocco - 146
Algeria - 120
Nigeria - 89
Ethiopia - 80


Source: Quartz
 
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