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South Africa’s Richest 3,500 Own More Than The Bottom 32 Million

AFRICANGLOBE - When people call South Africa the most unequal country in the world, they're talking about income. Now, we have a clear picture of how unequally the country's wealth is distributed.

Rich People Don’t Really Notice You—Or Your Problems – Study

AFRICANGLOBE - There’s a growing body of research showing how having money changes the way people see—or are oblivious to—others and their problems. The latest is a paper published in the journal Psychological Science in which psychologists at New York University show that wealthy people unconsciously pay less attention to passersby on the street.

The Top 10 Richest Black People In The World 2015

AFRICANGLOBE - Since 2013 the number of Black billionaires has increased by two, according to Forbes’ billionaire list. So how did these Black people become so wealthy? This certainly just didn’t happen overnight. Let’s take a look at the World’s Richest Black People as of 2015:

Number Of Nigerian Millionaires Triples

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.

Billionaire At 34? Forget Short-Term Approach To Becoming Rich, Says Mugo...

AFRICANGLOBE - “Africa’s young entrepreneurs should seek not to amass wealth but to create wealth needed to build local economies.”

Blacks Still Suffering in Spite of Economic Recovery

AFRICANGLOBE - Although the overall unemployment rate still exceeds 7 percent, and the official Black unemployment rate is greater than 13 percent, there are some who insist that there is a robust economic recovery in progress.

Billionaire Patrice Motsepe Remains South Africa’s Richest Man?

South Africa’s 20 richest people have increased their cumulative wealth by 8 percent over the past year, the Sunday Times’ annual Rich List has...

Leaked Obama Audiotape Surfaces

AFRICANGLOBE - It turns out Mitt Romney isn’t the only presidential candidate to have a video leak this week. Fresh on the heels of Romney’s leaked...

World Economic Forum On Africa Declares Need to Prioritize Economic Transformation

Africa has experienced the best decade of the past 50 years, but there are still challenges that need to be tackled, said Donald Kaberuka,...