How Many Multimillionairs In South Africa

Who is a Multimillionaire?

The meaning of MULTIMILLIONAIRE is a person whose wealth amounts to many millions (as of dollars or pounds). How to use multimillionaire in a sentence.

How Many Multimillionairs In South Africa

According to the report, South Africa is home to 40 400-dollar millionaires and 2 130-dollar multimillionaires (those who have more than R125-million in their bank accounts each). This means that almost half of the country’s dollar millionaires are in Johannesburg.

Who are the multi-millionaires in South Africa?

The richest people in South Africa are Johann Rupert, Nicky Oppenheimer, Patrice Motsepe, Koos Becker, and Michiel Le Roux. They are all Dollar billionaires, which means South Africa has over 25% of the continent’s 19 billionaires.

Where do most millionaires live in South Africa?

Johannesburg

Johannesburg is home to 14,600 millionaires, 30 centi-millionaires, and two-dollar billionaires. Cape Town is the second South African city on the list, home to suburbs including Bantry Bay, Bishopscourt, Camps Bay, Clifton, Constantia, Fresnaye, and Llandudno.