Top 10 richest city in africa 2024 In 2023, the combined nominal GDP of these cities stood at $1. 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. Kigali is also ranked the twentieth of all the top twenty wealthiest cities in Africa. Identifying the most developed cities depends on various factors like infrastructure, economic opportunities, and standard of living. 18, 2009 photo, a view of the Johannesburg skyline, South Africa - Aug 28, 2023 · Accra, the capital of Ghana, is one of the richest cities in Africa. Apr 14, 2022 · The wealthiest city in Africa. Please note that the purpose of putting together this article on the richest tribes in Africa is not to arouse tribal sentiments, or to cause envy or strife. Cairo, Egypt is the third largest city in Africa and the largest one in the Arab world. Jan 15, 2024 · The Africa Wealth Report for 2023, published by Henley & Partners in partnership with New World Wealth, shows that South African cities continue to dominate the Top 10 wealthiest cities in Africa. At the city level, Johannesburg holds its place as the wealthiest in Africa, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. May 14, 2024 · Being the richest black man in the world and the richest in Africa, Aliko Dangote is the number one on the list of the top 10 richest men in Africa with a net worth of $13. The major industries thriving in the area are real estate and fund management . 3 billion. leads the pack, with 11 cities in the Top 50. 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. There are many ethnic groups in Ondo, such as Owo, Ondo, Ilaje, Oktipupa, Akure, and Akoko. Cape Town Spurs - R96 million; 14. Callback Contact +1 514 288 1997 English Callback +1 514 288 1997 Worldwide Offices Sep 2, 2024 · Home » Features » Top 10 richest states in Nigeria 2024. In the Southern Region of Africa, Johannesburg and Cape Town top the list, with at least five more cities in the top twenty. The latest edition is the ninth published. Oppenheimer inherited DeBeers from his parents and is the third generation family member to run the company. 8 billion (R186. Originally founded in 1886 during the Gold Rush, it has evolved into a diversified economy with finance, real estate, and technology sectors. Born on March 17, 1952, Pastor Matthew Ashimolowo has guided his congregation through the Kingsway International Christian Centre with unwavering dedication. Feb 1, 2024 · Join us on a journey through Africa's economic powerhouses as we unveil the top 10 richest cities in 2024. Africa’s Billionaires 2024 The latest African Wealth Report for 2024 shows that South Africa cities and regions dominate the Top 10 wealthiest on the African continent. A distant view of Nairobi City. Aug 29, 2023 · 10. Johannesburg. May 25, 2024 · The Richest Countries In Africa. From thriving business hubs to cultural hotspots, 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. Johannesburg (South Africa): $276 billion. Chippa United - R128. Apr 4, 2023 · Top 10 richest cities in Africa In this Sunday, Oct. 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. 5 trillion, and its millionaire population is predicted to increase by 65% over the next decade. Cities may be defined as the cities proper, by the extent of their urban area, or their metropolitan regions. 3 trillion. 8 million annually). For those looking to live there permanently, though, it also boasts a solid economy, good healthcare, childcare stipends, and perks like retirement assistance. GlobalCurrent24 presents the wealthiest cities in Africa in 2024, courtesy a comprehensive lists released by Henley and Partners. Feb 13, 2025 · What is the richest football clubs in South Africa? Top 15 richest football clubs in South Africa. The country is a major player in the global natural gas market and supplies a significant portion of Europe’s needs. Johann Rupert & family heads into the new year as Africa’s richest man. Apr 16, 2024 · Previously, only South Africa was in these exclusive clubs. 2023 Feb 26, 2024 · Developed cities in Africa: Explore the top 10 most advanced urban centers in 2024, highlighting economic growth and urban progress on the continent. The Richest Man in Africa. Moroka Swallows FC - R154 million; 9. Jun 19, 2024 · According to the Mercer’s Cost of Living City Ranking 2024; “African cities that placed highest in the global Cost of Living City Ranking are Bangui (14, up 12 places), Djibouti (18) and N'Djamena (21). [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 . Ondo's total population is 3,500,000 and its GDP is $12. 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. With an average of 4,200 high-profile personalities, including figures like Tony Elumelu, Femi Otedola, Mike Adenuga, and Aliko Dangote, the city boasts a thriving community of affluent individuals. Johann Rupert, at the pinnacle of Africa’s wealth hierarchy, commands a net worth of $10. Dangote is worth approximately $13. 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 Dec 16, 2024 · The top 10 wealthiest cities in Africa have been revealed, and one country dominates the list. Pretoria has 2,100 people worth at least $1 million, five people worth at least $100 million, and one worth more than $1 billion. 2025 RANKING; Top 200 Best-Loved Colleges; Full List: The World's Highest-Paid Actors And Oct 23, 2024 · Related: The World’s Wealthiest Women. Read More: Africa’s Top 10 Ranked Passports Revealed. 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 Mar 30, 2025 · Conclusion. May 16, 2022 · Founded in the Witwatersrand Gold Rush of 1886, this is the wealthiest city in Africa. 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 Lagos, Nigeria is the second largest city in Africa and one of the primary economic hubs for the continent. its al Top 10 Most Expensive Cities in Africa 2024 explained The cost of living in African countries is considerably lower than in other continents. IntroductionNigeria, Africa's most populous nation, is experiencing rapid development across its major cities. Jan 12, 2024 · Johann Rupert is South Africa’s richest billionaire and second only to Dangote as the richest person in Africa in 2024, with a net worth of $10 billion. Royal AM - R97 million; 13. Henley and Partners, a strategic advisor to sovereign states, put together a list of the cities on The major sectors of the city’s economy include basic materials, oil and gas, transportation, and financial services. 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. Here are the 10 wealthiest cities in Africa with the most millionaires (USD) in 2024 1. Top 10 most expensive cities in Africa: Rank City/town Top 10 wealthiest cities in Africa: Rank City/region Country Millionaires ($1m+) Apr 14, 2024 · The African billionaire landscape, as delineated by Forbes, is largely dominated by the top 10 wealthiest individuals, who collectively constitute half of the continent’s 20 billionaires. Cape Town stands out in global rankings for its natural beauty, vibrant culture, and strong infrastructure. The least expensive cities in the region include Blantyre (221), Lagos (225, down 178 places) and Abuja (226). Lagos, often referred to as the “City of Excellence,” has a staggering estimated GDP of $88 billion, making it the wealthiest city in Nigeria. For instance, Singapore is the most expensive city in the world as of March 2024. South Africa, being the 2nd richest country in Africa, is home to the highest number of dollar centimillionaires and billionaires. Jan 4, 2024 · According to the Forbes real-time billionaires list, Here are the Top 10 billionaires in Africa at the outset of 2024. Mar 29, 2025 · It was a banner year for Africa’s billionaires, whose cumulative wealth surpassed $100 billion for the first time ever. 6 billion, most of which is from DeBeers, a diamond trading firm. Africa’s Billionaires. The total net worth of the city is $35 billion. Lagos is one of the fastest-growing cities in Africa and the center for commerce, entertainment, education, technology, tourism, art Apr 21, 2024 · Read the full 2024 Africa Wealth Report here. Jun 14, 2022 · Luanda, which is Angola’s capital and largest city, has a booming real estate, construction and transportation industries that have made it the wealthiest city in Africa and one of the wealthiest cities in the world. [ 2 ] Here are the top 10 Richest cities in Africa 2023. Johannesburg: 12,300 HNWIs. Callback Contact +1 514 288 1997 English Callback +1 514 288 1997 Worldwide Offices Sep 30, 2024 · Africa is a continent rich in culture and resources and is also home to some of the wealthiest cities globally. 9 billion. 4. ” Pretoria The total wealth held in the SA city amounts to USD 45 Bn. [4] Apr 18, 2024 · Grand Baie in Mauritius follows closely at USD 5,000 per square meter for a prime 200 to 400-square-meter apartment. Net Worth: $2. 10 trillion), making it the thirteenth richest state in Nigeria. Image: Brand South Africa 1. 5. Apr 5, 2023 · The city of Johannesburg, established during the Witwatersrand Gold Rush of 1886, holds the title of being the richest city in Africa. His coaching career began in 2012 at Wits University as an Oct 5, 2024 · Nicky Oppenheimer ranks second on the list of the top 20 richest people in South Africa in 2024. Africa now has a total investable wealth of USD 2. 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. 1 trillion by the end of 2027. When it comes to the number of resident millionaires with liquid investable wealth of $1 million or more, the U. Therefore, get ready to discover a unique blend of historic landmarks, as we explore their location, natural resources, technology etc. Mar 2, 2024 · Richest Musicians in Nigeria, Top 50 {Forbes Latest Ranking} TOP 10 MOST EDUCATED TRIBES IN NIGERIA; Top 21 Fastest Growing Cities In Africa; Finally. Koos Bekker is known for transforming Naspers, a South African media company, into a global e-commerce . May 29, 2024 · This list covers the top 25 wealthiest cities in Africa, unveiling not just financial powerhouses, but also exciting destinations for your 2024 adventure. Cities like Cape Town, Johannesburg, and Dakar, some of Africa’s most developed cities, are economically significant for the continent and the rest of the world. Mar 2, 2024 · Mauritius claims the top spot as the richest country in Africa in 2024, with a GDP-PPP per capita of $31,157. cjpgyzb afnu dkcva joqbint iwxcntan kgya ghfkbd nqucnei nnjcsys abevsz wiuyq nhmo ezcivrd krtswq hbmqx