Over 4000 wealthy South Africans have left the country

Pedro Gonçalves
clock • 2 min read

More than 4,000 of South Africa's HNWIs have left the country in the last ten years according to the latest figures from AfrAsia Bank. As of December 2019, there are approximately 38,400 dollar millionaires living in the country - down by 800 from the number recorded in 2019. In New World Wealth's previous report, there were 39,200 millionaires recorded, which was down significantly - a loss of 4,400 millionaires - from the year before that. The latest figures were done for the AfrAsia Bank and the New World Wealth 2020 Global Wealth Migration Review. Published annually since 2018, th...

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