THE AFRICA WEALTH REPORT
The Africa Wealth Report is the definitive guide to Africa’s wealth and luxury sector, published annually by wealth intelligence firm New World Wealth.
There are currently just over 128,000 millionaires (HNWIs) living in Africa, each with liquid wealth of USD 1 million or more. This includes 375 ultra-wealthy centi-millionaires and 28 billionaires.
Note: Figures as at June 2026.
Africa’s high-net-worth numbers are projected to rise sharply going forward, with large numbers of HNWIs from Europe and the Middle East expected to move to “lifestyle destinations” such as Marrakech, the Whale Coast and the Cape Winelands.
THE NEXT BOB DYLAN
As part of our 2026 Africa Wealth Report, we travelled South Africa in search of the next Bob Dylan. From AfrikaBurn to the backpackers of the Garden Route. And we think we found her.
Disappearing Sister Ruth:
Named after a line in Sixto Rodriguez's legendary song ‘Jane S. Piddy’, Ruth’s voice is the perfect mix of folk, rock, and blues.
https://www.instagram.com/disappearingsisterruth/
According to the Africa Wealth Report: "Ruth's ‘Elephant’ song is a future classic and like Bob Dylan before her, she represents the voice of a generation. Pure talent and totally authentic."
