There were 47,464 HNWIs in South Africa in 2013

Date: 2015-08-30

“• There were 47,464 HNWIs in South Africa in 2013. These HNWIs held US$200 billion in wealth, and wealth per HNWI valued US$4,210,717.

• In 2013, South African HNWI numbers decreased by 2.7%, following an 8.5% increase in the previous year.

• Growth in HNWI wealth and volumes is expected to improve over the forecast period. The number of South African HNWIs is forecast to grow by 16%, reaching 57,147 by 2018, and HNWI wealth is expected to grow by 31%, to reach US$281 billion by 2018. 

• At the end of 2013, South African HNWIs held 17.4% (US$35 billion) of their wealth outside their home country, which is below the worldwide average of 20–30%.”

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