HNWIs in South Africa & Segment Future Reviewed in New Cutting-Edge WealthInsight Report Published at MarketPublishers.com26 Jul 2012 • by Natalie Aster
LONDON – South Africa has the highest number of HNWIs in Africa. As of 2011, there were over 44,700 HNWIs in South Africa, with a combined wealth of US$188 billion, accounting for roughly 27% of South Africa’s total individual wealth (US$740 billion).
The wealth of HNWIs in South Africa was positively influenced by a strong local property market, high savings rates and a significant appreciation of the South African rand against the US dollar over the review period. Over 20% of South African HNWI wealth is held offshore. Most of this wealth is held in the UK, Switzerland and the Channel Islands.
New report "South Africa – The Future of HNWIs to 2016: The Rise of African Wealth" worked out by WealthInsight has been recently published by Market Publishers Ltd.
South Africa – The Future of HNWIs to 2016: The Rise of African Wealth
Published: July, 2012
Price: US$ 4.995,00
The report offers an extensive research covering the HNWI population and wealth management industry in South Africa. It provides market sizing and forecasts of local HNWI and UHNWI populations. The report also leverages WealthInsight’s HNWI Database, to provide key demographic breakdowns such as sector and city specific data.
In addition to providing a comprehensive and robust background of the local economy, including, uniquely, detailed analysis of economic and political risks to HNWI wealth creation, this report provides robust projections of the volume, wealth and asset allocation of local HNWIs and UHNWIs.
More new market research reports by the publisher can be found at WealthInsight page.