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Africa’s Ultra-Wealthy Spend in Cape Town

In the News Today: Cape Town is where the world’s superrich prefer to live in South Africa. The city has more centi-millionaires than Johannesburg , and also other cities including Cannes, Prague, Naples, Montreal, Budapest – although currently it has two fewer than Cairo.

The Egyptian capital, placed 90th on Henley & Partners’ list of top cities for centi-­millionaires, is set to be overtaken by the Mother City in the coming years, with Cape Town forecast to grow its super-wealthy residents by more than 150%; Cairo is likely to see growth of less than 100%.

Johannesburg, in 100th position on the list, now has 25 centi-millionaires.

The world has 54% more superrich individuals than it had in 2013, with the biggest growth in China… continue reading HERE.

Bellville: Proximity to Cape Town – Located just 30 kilometers from Cape Town’s city center, Bellville serves as a convenient residential suburb with easy access to the city’s amenities.

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