Ver Angola


Angola is the 11th country in Africa with the most millionaires. Country has more than 2000 millionaires

Angola is the 11th country on the African continent with the most millionaires. According to the “Africa Wealth Report 2023” ranking, prepared by the British consultancy Henley & Partners, the country has 2400 millionaires and four billionaires, of which more than half are found in the capital.

: Ampe Rogério/Lusa
Ampe Rogério/Lusa  

According to the report, statistics indicate that the crisis influenced the levels of personal wealth in some African countries, with Angola not escaping this trend.

Thus, in the case of the country, the crisis symbolized a 28 percent drop in the number of millionaires in Angola in 2022 compared to those in 2012.

"The 'Big 5' wealth markets in Africa – South Africa, Egypt, Nigeria, Kenya and Morocco – together represent 56 per cent of Africa's high net worth individuals and more than 90 per cent of the continent's billionaires", he adds. the report.

So, in terms of the podium, the 'gold' goes to South Africa, which has 37,800 millionaires, 98 multimillionaires (over 100 million dollars) and five billionaires. Next come Egypt (16,100 millionaires, 54 multimillionaires and eight billionaires) and Nigeria (9800 millionaires, 27 multimillionaires and four billionaires), reveals the document.

At the continental level, the numbers indicate that Africa currently has 138 thousand millionaires, 328 multimillionaires and 23 billionaires. However, the consultant estimates that Africa will reach around 195 thousand millionaires by 2032.

Regarding expectations for the next 10 years, the report predicts that the number of millionaires on the African continent will grow by around 40 percent.

"Africa's millionaire population is expected to increase by 42 percent over the next 10 years, reaching around 195,000 by 2032," the document says.

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