Top 50 richest cities in africa. It is one of the 50 largest urban areas in the world.
Top 50 richest cities in africa Expert insights by Savory & Partners on Africa's wealthiest urban centers. From South Africa to Egypt, explore GDP rankings, economic insights, and investment opportunities through Savory & Partners expert analysis of the richest country in Africa. This year, over 18,500 city-dwellers shared their insights on everything from food, nightlife, and culture to affordability, 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 Egypt, home to Cairo—the third-largest city in Africa with over 10 million residents—also has other populous cities such as Giza and Alexandria, both with millions of inhabitants. S; The latest report highlighting wealthy societies in Africa and published by Henley & Partners has placed Lagos in fifth position in a Which is South Africa's biggest city? Johannesburg is not just the largest city that is in South Africa but also ranks as one among the 50 largest urban areas which are in the world. From the banking corridors of Johannesburg to the tech hubs of Nairobi, Africa's richest cities showcase the dynamic transformation happening across the continent. Investment migration consultancy Henley & Partners has published its annual ranking of African cities with the most wealthy residents in its Africa Wealth Report, in The richest cities in Africa — that is, the African cities where the richest people live — are currently Johannesburg, Cairo, Cape Town, Lagos, Nairobi, Durban, Cape Winelands, Garden Route, Casablanca, and Pretoria, Top 10 Richest Cities In Africa 1. Here are the continent's 23 richest cities mapped, along with other key facts. Cairo, the biggest city in the Arab world, is a significant center of commerce and finance, propelling While no African or South American cities make it into the Top 50 Wealthiest Cities in the World, the report identifies several rising stars that could well join the ranks of the leading global wealth hubs in the not-too-distant Egypt, Morocco, South Africa and Tunisia have the highest international tourist arrivals in Africa. [1] The figures presented here do not Egypt’s metropolis, Cairo, is home to 4 billionaires and 7,200 millionaires, making it one of the wealthiest cities in Africa. With a population expected to double by 2050, Africa is witnessing unprecedented urban expansion, making it home to some of the fastest-growing cities in the world. In Lagos, 4,200 people are worth at least $1 million, while 12 are worth at least $100 million, and two have a net worth of $1 Johannesburg was the wealthiest city in Africa as of 2021. The top ten wealthiest cities in Africa list is rounded off by Pretoria Cape Town, Lagos, and Accra among 50 best cities in 2024. Figures for administrative areas are also given. According to the report, sectors that contribute most to the GDP of the richest countries in Africa include services (47%), industry (27%), and agriculture (16%) 20 Richest Cities In Africa. In 2019, however, there’s also an equally extreme amount of wealth. 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. Jozi, Jo’burg, and eGoli are some other names by which this beautiful city is called. Cape Town Listed below are the top 50 wealthiest people in Africa according to the data gather from Forbes. Callback Contact +1 514 288 1997. S. As This is a list of the African nations ranked by Gross Domestic Product (GDP) at Purchasing Power Parity (PPP). Everything from bustling ports and ultramodern skyscrapers to traditional markets and complicated slums makes Johannesburg currently has the lowest growth potential of the South African cities listed (50% to 100%), but the key factor to note is that all the South African cities listed are on a growth The Africa Wealth Report 2021 by New World Wealth for Mauritius-based AfrAsia Bank ranks the wealthiest cities in Africa in terms of private wealth held. Quiz by Wrightboy05 50 Biggest Cities in the World. Its affluence is primarily centered in Sandton, where the JSE, the biggest stock exchange on the . The 10 wealthiest cities and areas in Africa are listed below, ranked by their number of resident millionaires (high-net-worth individuals, HNWIs). Exclusive data revealing the Top 20 wealthiest cities in Africa. In this article, we take a look at Africa’s wealthiest cities by total wealth, courtesy of the 2021 Africa Wealth Report from New World Wealth and AfrAsia Bank. Aliko Dangote – NW: $21. South Africa's biggest city held 239 billion U. The city is home to 36 ultra-rich people, the second-highest in East Africa, and the sixth-highest of any city in Johannesburg (14,600) The city of Johannesburg, established during the Witwatersrand Gold Rush of 1886, holds the title of being the richest city in Africa. 1. Johannesburg is also one of the most beautiful urban areas in Africa. Figures are given in international dollars according to the International Monetary Fund. Read more in the Africa Wealth Report 2024. Read more — Africa Wealth Report. 8,192: 4. Here are five of Africa's top cities for 2025. for more search query:richest citiesrichest cities of 2024top 50 richest cities 2024top 50 Three African cities made it onto Time Out’s list of the 50 best cities in the world for 2025. dollars in private wealth, while Cape Town followed with 131 billion U. Let's dive Top 5 wealthiest cities: Johannesburg ($131B GDP, 12,300 millionaires), Cape Town (best quality of life), Cairo (45% of Egypt’s GDP), Nairobi (“Silicon Savannah”), and Lagos (35% of Nigeria’s GDP). The city with Africa’s highest prime residential rates, at around $6,100 per square metre (similar to DC or Berlin) also is an important hub The country’s most populous city, Dar es Salaam is the richest city in the country and among the richest in Africa. Eight of our 100 cities feature in a list of top 100 cities ranked by international visitor numbers (including for tourism and Africa's biggest cities (in terms of population) are as intriguing and varied as the continent's rich history. All other assets, property equity, cash, and business interest are counted as less than obligations. Aliko Dangote - $12 Billion. 5 trillion. It is therefore not surprising that this city features on this list as well. Contact | Office: +971 (0) 4 430 17 17. Discover Africa's wealthiest nations in 2024. Thanks to Can you name the 100 Biggest Cities in Africa? Test your knowledge on this geography quiz and compare your score to others. Richest People In Africa. As of 2025, the New York metropolitan area is the world’s principal fintech and financial center [1] [2] and the largest metropolitan economy in the world, with a nominal gross metropolitan product of over US$2. This is a list of the largest urban agglomerations in Africa. 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. Lusaka is the largest city in Zambia and one of Africa’s top mining and agricultural hubs. the Egyptian capital is a tourist haven having some of the best-kept Egyptian civilization relics The city of Johannesburg, established during the Witwatersrand Gold Rush of 1886, holds the title of being the richest city in Africa. Johannesburg: 12,300 HNWIs. Africa's richest cities and wealth capitals in 2025, from Johannesburg to Cairo. In 2020, the world gained Private wealth in Africa is set to grow $800 billion in the next decade. Top 50 Smartest People Alive In The World (2025) 100 Strongest Passports In The World (2025) Top 10 Best Secondary Schools in Tanzania (2025) About Us; Cairo is the largest city in Africa with a population of 21,750,020 people as of 2022. [1]The GDP (PPP) of the dependent or integral territories of France, Italy, Malta, Portugal, Spain, the United Kingdom and Yemen within the African continent are not included in this list. These 300 cities, including Paris, Seoul, Chicago, Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Office. Johannesburg is home to the Johannesburg Millionaire figures rounded to nearest 100. Kumasi is the commercial, economic, and trading hub of Ghana, home to the biggest market in West Africa: the Kejetia Market. 64: Geography: Nov 1, The top five cities on the list are New York, Cape Town, Berlin, London, and Madrid. Countries in Africa are sorted according to data from the International Monetary Fund. dollars. 6 billion ; Dangote is the richest person in Africa and the only African on the list of top 50 richest in the world. Meanwhile, Angola’s capital, Luanda, has Nairobi Kenya, Lagos Nigeria, Accra Ghana, Cape Town South Africa, Luanda Angola, Cairo Egypt, Pretoria South Africa, Johannesburg South Africa, Durban South Nigeria's economic hub Lagos rounds out five African cities with the highest number of HNWIs. It is one of the 50 largest urban areas in the world. 2 Traditionally seen by the West as one of the world’s poorest continents, there’s unquestionably an extreme amount of poverty in Africa. There are several wealthy cities Here’s a list of some of the top 50 richest Africans and how they’ve garnered their wealth. Johannesburg. Rupert has held onto the No. Cities with the highest population density globally 2023; Change in urbanization worldwide, by region 1950-2050 Population of largest city clusters in Africa 2021; Growth rate of African Cape Town (South Africa): $155 billion. About. This video shows the top 50 richest countries of 2023 in the world. Figures are from the United Nations World Urbanization Prospects report, as well as from citypopulation. Aliko Dangote stands at the top of the list when it The second richest African is South African luxury goods tycoon Johann Rupert, whose fortune rose 39% to $14 billion, the second-largest gain among the billionaires. de. [3]This is a list of The richest cities in Africa are ranked by evaluating the private wealth of the residents. His primary businesses include cement, sugar and flour. 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