What you need to study to become a millionaire in South Africa


Global market research group New World Wealth has released its latest South African Wealth Report, looking at the trends among the country’s wealthiest people.

The report found that South Africa is home to 43,600 High Net Worth Individuals (HNWIs) – defined as individuals who have net assets of $1 million or more.

Additionally South Africa is home to 2,200 multimillionaires (net assets of $10 million or more), and 5 billionaires with net assets of $1 billion or more.

The average age of HNWIs in South Africa is 57 years, slightly above the worldwide average. However South Africa is also home to a large number of young millionaires with those aged 40 and under accounting for 29% of the total make up.

The largest portion of South Africa’s HNWIs…

Read More

*** This news item is 3rd party content and is included strictly for non-commercial informational purposes.

320ro

Comments

comments