Africa Had 2,010 Ultra-high Net Worth Individuals In 2006
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Africa Had 2,010 Ultra-high Net Worth Individuals In 2006

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Added by Headlines Africa in East Africa


East African states may see the highest growth of billionaires and millionaires over the next decade, according to Knight Frank. Most of that growth will be in about 6 countries, including Rwanda, and Ethiopia - which is poised to become East Africa's biggest economy, overtaking Kenya. Between them those three countries are forecast to be home to over at least 1000 people with a net worth of over $ 10 M, by 2026. The 2017 Wealth Report also points out that for these individuals, citizenship is a commodity that they can acquire much more easily, but privacy is increasingly out of reach. I spoke to the report's editor, Andrew Shirley, a little earlier.

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