Africans jump up wealth ranking.

Author:Dalby, Alexa
Position:Brief article

The number of ultra-high-net-worth individuals (UHNWIs) in Africa will surge by 59% over the next decade, according to a report by Knight Frank and Standard Bank Wealth. The number of super-rich people worldwide is forecast to grow by 34%, the research, which categorises UNHWIs as those with at least $30m in assets, says. The growth of Nigeria's UHNWI population, at 90%, is eclipsed by Cote d'Ivoire, which the report projects could experience a 119% increase in its mega-rich.

"Africa is one of the regions of the world with huge...

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