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Top African Cities With Fastest Growing Millionaires

BY Getrude Mathayo · April 24, 2023 11:04 am

KEY POINTS

The World’s Wealthiest Cities Report in 2023 on high-net-worth persons has the most global wealth centers, spanning 97 cities on nine continents. 

The number of millionaires around the world has continued to grow as economies around the world develop. Individual millionaires, with their wealth, can invest in businesses, properties, and other ventures, contributing to the growth of their countries worldwide.

People with ten-digit fortunes can live pretty much anywhere they want. As it turns out, many like the same spots.

According to Business Insider, the presence of wealthy people in a city can significantly impact the local economy. Their investments and contributions can create opportunities for growth and development.

The presence of wealthy individuals in a city can have a significant impact on the local economy and community. While some may view them as a symbol of inequality, their investments, and contributions can create opportunities for growth and development.

A new report on the World’s Wealthiest Cities released recently shows commercial cities with the fastest-growing number of dollar millionaires.

The most recent research, which examines global patterns in the private wealth movement, lists high net-worth persons with a net worth of at least $1 million, centi-millionaires (those with a net worth of over $100 million), and dollar billionaires.

The World’s Wealthiest Cities Report in 2023 on high-net-worth persons has the most global wealth centers, spanning 97 cities on nine continents. The report provided by New World Wealth is the only independent research agency following trends in money movement across borders and cities

The information is provided by wealth intelligence firm New World Wealth, which is presently the only independent wealth research agency routinely following patterns in the movement of money across national borders and cities.

The cities are: Cities

Related Content: Nairobi Ranked 4th Richest City In Africa

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