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Cnn's 10 African Cities With Most Number Of Resident Millonaires - Business - Nairaland

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Cnn's 10 African Cities With Most Number Of Resident Millonaires by kaura5000: 10:44pm On May 23, 2016
10. Kano, Nigeria – The rise of Africa's super-rich has put the continent on the map as the new frontier for global luxury brands. WealthInsight, a global research and analysis firm focused on the world's richest individuals, has singled out 10 cities where Africa's ultra-high-net-worth individuals (UHNWI), those with over $30 million of net assets excluding their primary residence, live.

Kano, in Nigeria's north, is in 10th place, with 10 UHNWI's in residence.

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Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by kaura5000: 10:45pm On May 23, 2016
9. Marrakesh, Morocco – Over the next five years, 13 of the 20 fastest-growing economies in the world are forecast to be in Africa. Morocco's bustling tourist center Marrakesh is in ninth place with 15 residents worth over $30 million.
Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by kaura5000: 10:46pm On May 23, 2016
8. Addis Ababa, Ethiopia – Real estate giant Knight Frank ranked Ethiopia's capital as one of its Global Cities of the future in its 2015 Wealth Report. The city is in eighth place, hosting 21 UHNWIs.
Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by kaura5000: 10:46pm On May 23, 2016
07. Abuja, Nigeria – Nigeria is among the countries expected to have the most potential for luxury goods demand despite recent troubles. Its capital Abuja has 23 ultra-high-net-worth individuals in residence.

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Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by kaura5000: 10:47pm On May 23, 2016
6. Dar Es Salaam, Tanzania – The rise of the urban middle class is encouraging modern retail development in many of the continent's major cities. Tanzania's trade center and economic capital Dar Es Salaam has 36 super-rich individuals.
Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by kaura5000: 10:48pm On May 23, 2016
5. Nairobi, Kenya – Single malt whiskey is a popular luxury alternative to beer in Kenya, a country whose economy has grown rapidly in recent years. The capital Nairobi has 69 UHNWIs.
Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by bueze046(m): 10:48pm On May 23, 2016
Waiting patiently for more details
Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by kaura5000: 10:49pm On May 23, 2016
4. Cape Town, South Africa – The number of African individuals with $30 million in assets is set to more than double over the next decade. Cape Town has long been one of the continent's most affluent cities, and has 115 ultra-high-net-worth individuals.
Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by kaura5000: 10:50pm On May 23, 2016
3. Lagos, Nigeria – In 2013, Lagos, which has 131 UHNWIs, spent more on champagne than the whole of South Africa. With three cities in the ultra-rich list, it's not surprising that Nigeria is now recognized as Africa's largest economy, following a recalculation of its GDP in 2014.

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Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by kaura5000: 10:51pm On May 23, 2016
2. Cairo, Egypt – Egypt's capital has the second highest number of high net-worth individuals -- 150. However, that's still only half that of the city which claims the top spot on the list.
Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by kaura5000: 10:52pm On May 23, 2016
1. Johannesburg, South Africa – The commercial capital of South Africa has far more millionaires than any other African city. With 298 people with a net worth over $30 million, it's the city with the most ultra-rich individuals in Africa.
Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by Orjioorji(f): 10:52pm On May 23, 2016
what of the remaining cities ?
Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by kaura5000: 10:53pm On May 23, 2016
http://www.cnn.com/2015/04/14/africa/where-do-africas-multimillionaires-live/
Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by kaura5000: 10:55pm On May 23, 2016
this are the cities with the most ultra rich individuals.. who are worth more than 30 million dollars excluding their home of residence
Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by kaura5000: 10:58pm On May 23, 2016
nigeria represented by 3 cities lagos 131 abuja 23 kano 10

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Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by Joel3(m): 11:04pm On May 23, 2016
I do not agree with KANU. KANU shouldn't be on that list. those a.boki kulikuli sellers

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Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by Nobody: 12:25am On May 24, 2016
Nigeria always representing,be it good or bad we must always be there
Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by fulanmafia: 12:31am On May 24, 2016
Joel3:
I do not agree with KANU. KANU shouldn't be on that list. those a.boki kulikuli sellers

Where do you think Dangote is from? Dantata? Abdulsamad Rabiu (BUA)? The Dankabos (Kabo Air)? Isiyaku Rabiu (IRS Airlines) etc?

Northerners are naturally not chestbeaters, CNN were quite inquisitive to have noted.

Even though poverty is more prevalent in the north due to population, Northerners remain the richest Africans on this planet.

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Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by superstar1(m): 1:11am On May 24, 2016
LAgos, the capital city of West Africa MUST be there.

God bless Oduduwa for sending Ogunfuminire, father of the Aworis, to establish Lagos for us.

Haters can only hate and be envious.

We now them and they also know themselves.

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Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by FisifunKododada: 1:58am On May 24, 2016
cool IPOB Yoots will not like dis. Yoruba ALWAYS represented. cool
Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by Bambless1(m): 2:03am On May 24, 2016
FisifunKododada:
cool IPOB Yoots will not like dis. Yoruba ALWAYS represented. cool
Grow Up!
Re: Cnn's 10 African Cities With Most Number Of Resident Millonaires by Lovelynature(m): 4:21am On May 24, 2016
South Africa leading. Naija try sha


We want to read the news where Naija is doing well, not the other way round

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