Home Tags Millionaires
AFRICANGLOBE - From titans of industry to real estate moguls to tech insiders to heirs and heiresses and beyond, these 54 men and women are the richest person in each of the 50 U.S. states. Thirteen of these very wealthy people are making this list for the first time, including Mark Zuckerberg, who ousted long time richest Californian Larry Ellison from that state's top spot. Missouri's Stan Kroenke took his state's top spot away from Enterprise Rent-A-Car's Jack Taylor when he made hundreds of millions by moving the NFL's St. Louis Rams to Los Angeles.
AFRICANGLOBE - The Ghanaian capital of Accra is expected to add dollar millionaires at the fastest rate of any African city over the next decade, as a stable political climate and developed banking system help boost financial services, telecommunications and property development.
AFRICANGLOBE - According to the latest research report by New World Wealth focusing on Africa's wealthy class 2015, wealthy elite is expanding at a dramatic pace. The latest wealth report has indicated that the number of millionaires in Nigeria has risen to 15,400, about 305 percent.
AFRICANGLOBE - Mozambique’s economy is being boosted by the biggest natural gas find in the world in the last decade. Mozambique is expected to add dollar millionaires at the fastest rate in Africa over the next decade followed by Ivory Coast and Zambia as a mix of construction, financial services and property developments boost the ranks of the rich in Africa.
AFRICANGLOBE - If the growth continues, these cities could join an existing club of African wealth hubs hosting the so-called ultra-high net worth individuals, typically those with over $30 million of net assets excluding their primary residence. These centers of affluence are spread from Johannesburg in the south, through Lagos in the west and Nairobi in the east, to Cairo in the north.
AFRICANGLOBE - While more millionaires call North America home than any other region, Asia-Pacific was a close second and is expected to overtake North America in 2014, led by surging wealth in Japan, where stock and real estate markets gained, and China, where economic growth adds millionaires at a fast clip every year.
AFRICANGLOBE - Kenya and Tanzania are both among the top 10 countries in Africa in terms of the numbers of millionaires, a new report says. The report, African Millionaire City Rankings, produced by the UK and South African consultancy firm New World Wealth, shows that East Africa is holding its own among the fastest growing regions on the continent in terms of economic growth but that this growth is not evenly shared.
AFRICANGLOBE - Research is showing that Ethiopia is creating millionaires at a faster rate than any other country on the continent. The number of dollar millionaires in the east African nation rose from 1,300 in 2007 to 2,700 by September this year, according to New World Wealth, a consultancy based in the UK and South Africa.
AFRICANGLOBE - Despite the continent’s strong economic growth over the past decade, the majority of Africans still struggle to make ends meet. That is not to say however, that Africa lacks wealthy people. UK-based New World Wealth recently released a report that ranks African countries according to their number of millionaires.
AFRICANGLOBE - Ghana's capital, Accra, has been tipped to be the fastest growing city for Africa millionaires starting from the end of 2012 to the year 2020. According to the annual New World Wealth update report which was released on Monday, August 5,2013, the number of millionaires in Accra is projected to grow by 8 per cent a year.