1How

CityPress - - Tenders -

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

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