The richest suburbs in South Africa

Wealth in South Africa

• According to a WealthInsight report, South Africa has the highest number of millionaires in Africa• 2011 – there were just over 44,700 millionaires in the country, with a

combined wealth of US$188 billion• There are 543 multi-millionaires each with wealth of over US$30

million.• Johannesburg is home to the largest portion of millionaires (48% or

261 multi-millionaires).• Cape Town (103 multi-millionaires), Durban (31 multi-millionaires)

and Pretoria (28 multi-millionaires)

Sandhurst, Sandton- Johannesburg• Sandhurst is home to 36 of

South Africa’s recorded multi-millionaires – more than any other suburb in the country

• 14% of the population are UHNWI’s (Ultra high net worth individuals)

• One in every 20 properties are owned by multi-millionaires

• View property in Sandhurst

www.mytravelguide.com

Bryanston, Johannesburg• Bryanston houses 31

of South Africa’s multi-millionaires

• 12% of the population have net assets of US$30million or more

• View property in Bryanston

Bryanston Lodge - www.tripadvisor.com

Hyde Park - Johannesburg• This Sandton suburb

houses 26 of South Africa’s multi-millionaires

• That’s 10% of the 2 400 population (2012 figures)

• The suburb is highly influenced by European culture

• View property in Hyde Park Hyde Park – www.sa-venues.com

Central Cape Town• Includes Waterfront, City

Bowl, Green Point and Sea Point

• Bustling Central Cape Town is home to 17 of South Africa’s UHNWI’s (ultra high net worth individuals)

• That’s 17% of the 27 650 population

• View property in Cape Town

De Waterkant – www.capsol.co.za

Camps Bay – Cape Town• Glamorous Camps

Bay is home to 13 of South Africa’s multi-millionaires

• That’s 13% of the 3 800 population of the suburb

• Camps Bay is home to the largest number of South African residential properties worth more than R20m

• View Camps Bay property

guardianlv.com

Clifton – Cape Town• Clifton is home to 12 of

South Africa’s recorded multi-millionaires

• The suburb is home to the largest number of South Africa properties worth over R50m

• Clifton is the most expensive residential area in South Africa

• View property in Clifton

travel.nationalgeographic.com

Sources: http://www.iol.co.za/news/south-africa/study-reveals-sa-s-wealthiest-areas-1.1371969#.UpSA6sQW3C8http://www.moneyweb.co.za/moneyweb-property/the-suburbs-sas-richest-call-homehttp://www.remax.co.za