The richest suburbs in south africa
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According to a WealthInsight report, South Africa has the highest number of millionaires in Africa. In 2011, there were just over 44,700 millionaires in the country, with a combined wealth of US$188 billion
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The richest suburbs in south africa
- 2. Wealth in South Africa • According to a WealthInsight report, South Africa has the highest number of millionaires in Africa • 2011 – there were just over 44,700 millionaires in the country, with a combined wealth of US$188 billion • There are 543 multi-millionaires each with wealth of over US$30 million. • Johannesburg is home to the largest portion of millionaires (48% or 261 multi-millionaires). • Cape Town (103 multi-millionaires), Durban (31 multi-millionaires) and Pretoria (28 multi-millionaires)
- 3. Sandhurst, SandtonJohannesburg • Sandhurst is home to 36 of South Africa’s recorded multi-millionaires – more than any other suburb in the country • 14% of the population are UHNWI’s (Ultra high net worth individuals) • One in every 20 properties are owned by multimillionaires • View property in Sandhurst www.mytravelguide.com
- 4. Bryanston, Johannesb urg • Bryanston houses 31 of South Africa’s multimillionaires • 12% of the population have net assets of US$30million or more • View property in Bryanston Bryanston Lodge www.tripadvisor.com
- 5. Hyde Park Johannesburg • This Sandton suburb houses 26 of South Africa’s multi-millionaires • That’s 10% of the 2 400 population (2012 figures) • The suburb is highly influenced by European culture • View property in Hyde Park Hyde Park – www.sa-venues.com
- 6. Central Cape Town • Includes Waterfront, City Bowl, Green Point and Sea Point • Bustling Central Cape Town is home to 17 of South Africa’s UHNWI’s (ultra high net worth individuals) • That’s 17% of the 27 650 population • View property in Cape Town De Waterkant – www.capsol.co.za
- 7. Camps Bay – Cape Town • Glamorous Camps Bay is home to 13 of South Africa’s multi-millionaires • That’s 13% of the 3 800 population of the suburb • Camps Bay is home to the largest number of South African residential properties worth more than R20m • View Camps Bay property guardianlv.com
- 8. Clifton – Cape Town • Clifton is home to 12 of South Africa’s recorded multi-millionaires • The suburb is home to the largest number of South Africa properties worth over R50m • Clifton is the most expensive residential area in South Africa • View property in Clifton travel.nationalgeographic.com