Morocco: 5th African country with the most millionaires

Africa is now proving to be a fertile ground for millionaires and billionaires from around the world. According to a recent report “Africa Wealth Report 2024” by Henley & Partners, total investable wealth in Africa currently stands at $2.5 trillion, while its millionaire population is expected to increase by 65% ​​over the next decade. Some countries stand out, and Morocco is one of them. The “big 5” African markets in terms of wealth are, in order, South Africa, Egypt, Nigeria, Kenya and Morocco. They alone account for 56% of the continent’s millionaires and more than 90% of its billionaires. “Despite a difficult decade, South Africa remains the richest country with 37,400 millionaires, followed by Egypt with 15,600 millionaires. Morocco rises to 5th place with 6,800 millionaires” … More