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Wealth Creation: 4 reasons for South Africa’s shrinking private wealth.

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Data from New World Wealth and Henley & Partners shows South Africa has continued to lose millionaires over the last decade, with net wealth also declining precipitously over the same period.
The report focuses on high net worth individuals (HNWIs) with a wealth of $1 million (R15.70 million) or more. Total wealth refers to the private wealth held by all the individuals living in each country. It includes all their assets – property, cash, equities, business interests – less liabilities.
16 May 2022 1AM English South Africa Business News · Investing

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