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05/08/2015
See List Of Top African Countries With Highest Number of Wealthy Individuals
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
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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