Top 50 richest cities in africa wikipedia. Africa's population is the youngest among all the .
Top 50 richest cities in africa wikipedia All data are in current United States dollars. Luxembourg City-Trier is partially in France but only Luxembourg's national GDP is considered. Jul 22, 2024 · Africa’s top five wealth markets—South Africa, Egypt, Nigeria, Kenya, and Morocco—account for 56% of the continent’s millionaires and over 90% of its billionaires. Figures are from the United Nations World Urbanization Prospects report, as well as from citypopulation. de. This article lists the largest companies in South Africa in terms of their revenue, net profit, total assets and market capitalization, according to the American business magazine Forbes and French news magazine Jeune Afrique. Mar 21, 2025 · Africa's urban landscape is evolving rapidly, with cities across the continent becoming powerhouses of wealth creation and economic growth. Kilindini Harbour in Mombasa, Kenya 's historical, second largest city, is its gate to the Indian Ocean trade. Expert insights by Savory & Partners on Africa's wealthiest urban centers. Mar 11, 2025 · Johannesburg is Africa's wealthiest city with 12,300 millionaires, 25 cent millionaires, and 2 billionaires. Belonging to Nigeria, he is the only African that is a part of the top 50 rich men in the world. Apr 8, 2025 · /PRNewswire/ -- The US continues to dominate, with 11 cities on the Top 50 Cities for Millionaires list in the latest World's Wealthiest Cities Report 2025 List of United States metropolitan areas by GDPUS GDP by CBSA, 2022 This is a list of the United States metropolitan areas by their gross domestic product (GDP). [2] Billionaires who are from Africa, but do not reside in the continent (such as Elon Musk, Patrick Drahi, Patrick Soon-Shiong, Nathan Kirsh List of most expensive streets by cityThis list of most expensive streets (or neighborhoods) by city shows which areas have the highest rental costs or property values in each country. Figures for administrative areas are also given. Australia has 3 cities in the top 100. [2] Many of the state's wealthiest towns are located in the Boston suburbs. Map of locations by per capita income. 9 billion endowment as of 2022, is the wealthiest university in the world. List of largest banks in Africa This is the list of the banks in Africa, as measured by total assets. List of African countries by GDP (PPP) per capitaThis is a list of African countries by gross domestic product (GDP) per capita based on purchasing power parity (PPP). Each year, Forbes employs a team of over 50 reporters from a variety of countries to track the activity of the world's wealthiest individuals [9] and sometimes groups or families – who share wealth. Read more in the Africa Wealth Report 2025. Germany ranks third with 6 cities, while Japan has 4. There are a number of different lists compiled by various publications around the world attempt to determine the number of billionaires by world's major cities. GDP (PPP) per capita is given in international dollars. Michael Adenuga - $9. [9] With nearly 1. Johannesburg Despite a tough past decade, Johannesburg is still the wealthiest city in Africa. Figures are given in international dollars according to the International Monetary Fund. It […] Apr 17, 2024 · South Africa's administrative capital Pretoria rounds out top 10 cities, or districts, with the highest number of HNWIs. com Apr 4, 2023 · Investment migration consultancy Henley & Partners has published its annual ranking of African cities with the most wealthy residents in its Africa Wealth Report, in collaboration with New World Apr 22, 2024 · Business Insider Africa presents 10 wealthiest cities in Africa in 2024 The list is courtesy of Henley & Partners Johannesburg holds its place as the wealthiest in Africa, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. According to the Africa Wealth Report Kibera is the largest slum in Nairobi, Kenya. On a city level, Johannesburg remains Africa’s wealthiest city, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. The city is home to 12,800 millionaires, 25 centi-millionaires with fortunes exceeding £100 million, and two billionaires. The New York metropolitan area has the largest GDP in the world (US$2. The ‘City of Gold’ is the base city for the bulk of the companies listed in the JSE Top 40. Apr 8, 2025 · The US continues to dominate, with 11 cities on the Top 50 Cities for Millionaires list in the latest World's Wealthiest Cities Report 2025 ranking, led by New York in 1st place with 384,500 high The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent. At about 30. Jul 30, 2022 · Which is the Best Capital City in Africa? According to Knight Frank’s Africa Horizons Report 2021/22, Nairobi, the capital of Kenya, is the best city in Africa. Poverty in Africa is the lack of provision to satisfy the basic human needs of certain people in Africa. Mar 25, 2025 · Discover the richest cities in Africa ranked by GDP, number of millionaires, investment opportunities, and quality of life. 4 billion people as of 2021, it accounts for about 18% of the world's human population. But which cities are the largest? Using data from the most recent official censuses The following table indicates the share of global wealth of the ten wealthiest countries by net national wealth at given years. Aug 12, 2025 · Africa's richest cities and wealth capitals in 2025, from Johannesburg to Cairo. List of urban areas in Africa by populationThis is a list of the largest urban agglomerations in Africa. South African cities dominate this list. Exclusive data revealing the Top 10 wealthiest cities in Africa. 2 Billion Michael Agenuga is another Nigerian that stands tall in the list. Jan 1, 2023 · Check out this latest data of the richest cities in the US and learn their secrets. See where wealth thrives the most! This year’s Africa Wealth Report contains wealth statistics on the following cities, regions, and towns. The PCPI is adjusted by differences in the cost of living, called "regional price parities" by the Bureau of Economic Analysis. This is a list of largest metropolitan areas by their gross domestic product (GDP) in United States Dollars as well as their local currency. Harvard University, with a $50. Real GDP for the top 50 metropolitan statistical areas in millions of dollars [1][2][3] Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. This is a list of countries by their number of billionaire residents, based on annual assessments of the net worth in United States Dollars of wealthy individuals worldwide. Originally founded in 1886 during the Gold Rush, it has evolved into a diversified economy with finance, real estate, and technology sectors. List of cities and towns in EthiopiaThis is a list of cities and town in Ethiopia ordered by size and alphabetically. An enlargeable map of the 942 core based statistical areas (CBSAs) of the United States. The report defines the "total wealth" of a city as the personal wealth held by all the individuals living in it. Lagos (/ ˈleɪɡɒs / LAY-goss; [10][11] Yoruba: Èkó [èkó]), or Lagos City, is a large metropolitan city in southwestern Nigeria. [1] The GDP (PPP) of the dependent or integral territories of France, Italy, Malta, Portugal, Spain, the United Kingdom and Yemen within the African continent In a 2008 survey conducted by Mastercard, Johannesburg ranked 47 out of 50 top cities in the world as a worldwide centre of commerce (the only city in Africa). 6 trillion). All figures are given in international dollars and are the latest estimates from the International Monetary Fund. Note that the list does not include Mayotte and Réunion, which are both geographically part of Africa but politically overseas departments and regions of France List of African countries by GDP (nominal)Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Also to come are blogs on the thousands of urban centres that are not in the 100 largest city list. cities by adjusted per capita personal income estimates the per capita personal income (PCPI) of residents of United States' Metropolitan statistical areas (MSA). 4 trillion, and by 2035, this number is expected to more than triple, reaching over $5 trillion. The Richest Africans is an annual ranking of the richest African people, compiled and published by the American business magazine Forbes. This article explores the top 10 richest cities in Africa, highlighting their unique economic strengths, key industries, and the factors that make them stand out. His business revolves around sugar, cement, and flour. Africa is the world's second-largest continent, with over 50 countries and many cities driving economic growth. Apr 7, 2025 · From bustling financial districts to thriving tech hubs, these cities are home to millions of people contributing to a dynamic and ever-evolving economy. Much of its wealth is located in the Sandton area, which is widely seen as the richest square mile Cities (metropolitan areas) by percentage of national GDPThis table contains only the first metropolitan area from a given country by GDP. 3 billion people [11] were living in 54 countries in Africa. In this article, we will explore the top 20 richest cities in Africa, based on factors such as GDP per capita, economic activity, and quality of life. 2. Countries in Africa are sorted according to data from the International Monetary Fund. As of 2024, the total nominal GDP of the 50 cities (excluding Hong Kong [4]) is 10. Only metropolitan areas with a GDP of over US$100 billion are included. Only 28,420 centi-millionaires currently exist in the world. See full list on moneyinc. Sep 19, 2018 · Johannesburg is one of Africa's richest cities in terms of the number of high-wealth individuals. The best-known estimate is by Forbes. Dec 10, 2023 · This video shows the top 50 richest countries of 2023 in the world. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Cape Town is predicted to challenge Johannesburg in the coming years as Africa's financial powerhouse. Cape Town follows closely with 7,400 millionaires These are the 50 wealthiest countries in a global comparison: tax havens, gambling, and oil ensure prosperity. Historical data see list of countries by past and projected GDP (nominal) per capita. List of African countries by GDP (PPP)This is a list of the African nations ranked by Gross Domestic Product (GDP) at Purchasing Power Parity (PPP). Africa's population is the youngest among all the Feb 26, 2025 · Africa’s population is growing rapidly, and with it, urban areas are expanding at an unprecedented rate. This is a list of U. A MSA is defined as a central city or cities and their surrounding area of influence. 3 million km 2 (11. Nominal GDP does not take into account differences in the cost of living in different countries, and the results can Apr 8, 2025 · The World's Wealthiest Cities Report 2025 features exclusive data highlighting the world’s 50 wealthiest cities and insights from leading wealth sector experts. The 576 U. This area includes a high concentration . African nations typically fall toward the bottom of any list measuring small size economic activity, such as income per capita or GDP per capita, despite a wealth of natural resources. Massachusetts is the second wealthiest state in the United States of America, with a median household income of $101,341 (as of 2023), [1] and a per capita income of $56,284 (as of 2023). [1] Countries with contiguous boundaries that are partially (but not entirely) located in Asia are Mar 30, 2022 · Aliko Dangote stands at the top of the list when it comes to the richest men in Africa. Data for metropolitan areas is as in the previous section of this article. As a result, some cities have emerged as the wealthiest in Africa, with bustling economies and high standards of living. Africa is the world's second-largest and second-most populous continent after Asia. Aug 11, 2024 · At the city level, Johannesburg holds its place as the wealthiest in Africa, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. micropolitan statistical area (μSAs) are shown in light green. As of November 2025, the size of the city's population has been estimated to stand between 17 and 21 million residents, making Lagos the largest city in Nigeria, the most populous urban area on the African continent, [12][13][14][15][16] and one of the fastest Nov 11, 2025 · The United States leads list of richest city in the world with 34 cities, followed by China with 17, making them the dominant contributors to global urban GDP. [1] The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one List of cities by number of billionaires New York City leads with the highest number of billionaires, counted at 123 in 2025 by Forbes. S. The 366 metropolitan statistical areas (MSAs) are shown in medium green. for more search query:richest citiesrichest cities of 2024top 50 richest cities 2024top 50 Oct 11, 2023 · Business Insider Africa presents the top 10 most expensive cities in Africa for centi-millionaires. The From Lagos in the west to Johannesburg in the south, Africa's urban landscape is evolving rapidly, with cities across the continent becoming powerhouses of wealth creation and economic growth. The share of global wealth of a country that is 5% or greater at a given year is in bold. Although there are more African nations in medium, high and List of U. Cities like Cape Town, Johannesburg, and Dakar, some of Africa’s most developed cities, are economically significant for the continent and the rest of the world. List of Indian metropolitan areas by GDPThe following is a list of metropolitan areas in India by their nominal gross domestic product (GDP) and their contribution to their respective states and union territories. May 16, 2022 · In this article, we take a look at Africa’s wealthiest cities by total wealth, courtesy of the 2021 Africa Wealth Report from New World Wealth and AfrAsia Bank. 7 million square miles) including adjacent islands, it covers 20% of Earth 's land area and 6% of its total surface area. Africa is a resource-rich continent. Pretoria has 2,100 people worth at least $1 million, five people worth at least $100 million, and one worth more than $1 billion. Aug 24, 2024 · The continent's major urban centres—like Cairo, Lagos, and Johannesburg—will still lead Africa's top 100 city economies by 2035. 241 trillion US dollars with accounting for 54. As of 2019, approximately 1. Data for countries is from List of countries by GDP (nominal) (IMF). Apr 4, 2024 · Tokyo has topped a new list of the world’s richest cities for 2024, with the New York metropolitan area and Greater Los Angeles claiming the second and third spots. [12][13] Recent growth has been due to growth in sales, commodities, services, and manufacturing. In 2023, the combined nominal GDP of these cities stood at $1. Countries with 2 cities each include India, Italy, Brazil, Spain, Saudi Arabia, and South Korea. Mar 1, 2025 · Johannesburg, South Africa, is the richest city on the African continent, with a significant concentration of high-net-worth individuals. Because population counts in each country occur at different times, the list of numbers is meant as a rough indicator of relative size. The table initially ranks each country or territory by its IMF estimate, and can be reranked by any of the sources. Apr 14, 2022 · The wealth report ranks the wealthiest cities in Africa considering private wealth held. 06% of the mainland in the year. Jul 3, 2021 · The richest cities in the world are determined by their gross domestic product, or GDP. [109] List of cities in East Africa The following is a list of the largest cities by population and of capital cities in the geographic region of East Africa. As cities continue to develop and new ones emerge, the continent is experiencing a significant shift toward urbanization. This entry includes top 50 cities in the mainland China in terms of nominal GDP, plus Hong Kong SAR which is a larger city with economic size. The following is a list of the 100 largest cities in Africa by urban population using the most recent official estimate. [14] Oct 4, 2018 · Long the most developed nation on the continent, South Africa – with four of Africa’s ten richest cities – continues to be the economic engine of Africa’s southern half. The Jemaa el-Fnaa marketplace in the Moroccan Imperial city of Marrakesh is an old key to the trans-Saharan trade. The following are lists of institutions of higher education by endowment size. [1] In 2025, there was a record of 22 African billionaires on the list. The metropolitan area definition is based on the work by the Joint Research Center of the European Union, and are based on the satellite images of the built environment of the urban May 24, 2021 · This is the first of four blogs, considering what we know (and don’t know) about Africa’s 100 largest cities. These 300 cities, including Paris, Seoul, Chicago, Shanghai, and Singapore, play a significant role in shaping the global economic narrative, especially in technology and finance. metropolitan areas by their gross domestic product per capita in 2021. List of Asian countries by GDP (PPP) per capitaAsian countries by GDP (PPP) per capita in 2017 This is a list of Asian countries by GDP per capita based on purchasing power parity. The followings lists are sorting Metropolitan statistical areas in the United States by per capita income. By 2050, Africa’s population is projected to double, surpassing 2 billion people. According to Investopedia, "Gross domestic product (GDP) is the The richest black person, Aliko Dangote, at the World Economic Forum, 2011 Black billionaires are individuals who are of predominantly African ancestry with a net worth of at least US$1 billion. The list has been published since 2015. Areas with higher levels of income are shaded darker.