Top 10 African Countries with the Most Millionaires
According to the 2025 Wealth Rankings, the top 10 African countries with the most millionaires in US dollars are led by South Africa, Egypt, and Morocco, with Ghana also making the list.
The distribution of private wealth across Africa reflects an evolving story of economic transformation and resilience, driven by strengthened financial systems, expanding enterprise sectors, and increasingly sophisticated markets.
The growth of affluent populations across the continent is a result of economic shifts shaping Africa’s elite landscape.
As highlighted in Henley & Partners’ Africa Wealth Report 2025, developed with New World Wealth, prosperity is geographically concentrated, and Africa’s wealthiest citizens are reshaping the continent’s economic landscape.
Autor's resume: Africa's elite landscape is evolving.