Investment migration consultancy Henley & Partners has published its annual ranking of African cities with the most wealthy residents in its Africa Wealth Report, in collaboration with New World Wealth. The report provides a comprehensive review of private wealth in Africa, including trends in high-net-worth individuals, luxury and wealth management, as well as expert insights on investing in Africa, the migration sector investment and economic mobility on the continent. The following ranking is based on the number of millionaires (in US dollars) living in these cities: 1. Johannesburg (14,600) The city of Johannesburg, established during the Witwatersrand Gold Rush of…
Top 5 richest cities in Africa based on number of millionaires who live there

Johannesburg's principal industries consist of financial services, encompassing banks, and professional services, such as law firms and consultancies.




