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South Africa stands alone as Africa’s representative in Global Wealth rankings | SA News

South Africa has emerged as the only African country to secure a place on the UBS Global Wealth Report 2025 list of the world’s 50 richest nations, despite economic uncertainty affecting markets worldwide.

Kathrine Heigan/Unsplash

The study, drawing on data from the OECD, IMF, and World Bank, shines a spotlight on how wealth has multiplied since 2000. Central to this surge is the rise of EMILLIs—“Everyday Millionaires”—defined as individuals with assets ranging between US$1 and 5 million.

Globally, their numbers have soared more than fourfold to nearly 55 million over the past two decades, according to Tempo.

South Africa’s place in the Global Wealth map

South Africa ranked 36th…

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