At the end of 2014, there were about 46 800 high-net-worth individuals living in South Africa, with a combined wealth of R2.9 trillion (at the current exchange rate), reports BusinessTech.
This equates to roughly 31% of South Africa’s total individual wealth.
the rich make their money in SA
The industry from which South Africa’s super-rich acquired their wealth is, unsurprisingly, the financial services sector. It is the primary source of wealth for 20% of local multimillionaires.
the rich live