Where South Africa’s richest people live
The latest report by New World Wealth shows which areas in South Africa are home to the most high net worth individuals.
According to the report, Johannesburg remains the most popular city for HNWIs, with half of the super wealthy population living there.
In 2014, 23,400 of 46,800 HNWIs called Joburg home, far above South Africa’s second wealthiest city, Cape Town, where 8,900 HNWIs reside.
HNWIs are defined as people who have a net worth of US$1 million or more.
| City | Resident HNWIs | % of total |
| Johannesburg | 23 400 | 50% |
| Cape Town | 8 900 | 19% |
| Durban | 2 700 | 6% |
| Pretoria | 2 500 | 5% |
| Other | 9 300 | 20% |
| Total | 46 800 | 100% |
And while Johannesburg has shown double digit growth (13%) in HNWIs since 2007, Durban has had the biggest rise in HNWI residents, showing an increase of 29%.
Durban includes the affluent suburbs of Umhlanga, La Lucia, Zimbali and Mount Edgecombe.
| City | Resident HNWIs 2007 | Resident HNWIs 2014 | % change |
| Durban | 2 100 | 2 700 | 29% |
| Johannesburg | 20 700 | 23 400 | 13% |
| Pretoria | 2 300 | 2 500 | 9% |
| Cape Town | 8 500 | 8 900 | 5% |
| Other | 9 200 | 9 300 | 1% |
| Total SA | 42 800 | 46 800 | 9% |
Looking at multi-millionaires – HNWIs worth US$10 million or more – national distribution shows a similar pattern.
Joburg is the top city, home to 990 (48%) multi-millionaires, followed by Cape Town with 380, and Durban with 120 individuals.
| City | Resident HNWIs | % of total |
| Johannesburg | 990 | 48% |
| Cape Town | 380 | 18% |
| Durban | 120 | 6% |
| Pretoria | 110 | 5% |
| Other | 460 | 22% |
| Total | 2 060 | 100% |
Here are the top multi-millionaire suburbs in South Africa:
Sandhurst home
| Suburb | Region | Resident HNWIs |
| Sandhurst | Johannesburg | 130 |
| Hyde Park | Johannesburg | 120 |
| Bryanston | Johannesburg | 120 |
| Knysna & Plettenberg Bay | Garden Route | 80 |
| Houghton | Johannesburg | 60 |
| Umhlanga | Natal | 60 |
| Westcliff | Johannesburg | 50 |
| Camps Bay | Cape Town | 50 |
| Bishopscourt | Cape Town | 40 |
| Constantia & Tokai | Cape Town | 30 |
| Clifton | Cape Town | 30 |
| Bantry Bay | Cape Town | 30 |
| Fresnaye | Cape Town | 20 |
| Llandudno | Cape Town | 20 |
| Stellenbosch | Western Cape | 20 |
| La Lucia | Natal | 10 |
| Franschoek | Western Cape | 10 |
| Hermanus | Garden Route | 10 |
New World Wealth also listed the most popular estates by the number of multi-millionaires living in them.
The top estates are Zimbali Estate in KwaZulu Natal, and Erinvale Estate in the Western Cape, which are home to 20 multi-millionaires each.
Zimbali Estate home
| Estate | Region | Resident HNWIs |
| Zimbali | Natal | 20 |
| Erinvale | Western Cape | 20 |
| Blair Atholl | Johannesburg | 10 |
| Silverhurst | Western Cape | 10 |
| Dainfern | Johannesburg | 10 |
| Steenberg | Western Cape | 10 |
| Fancourt | Garden Route | 10 |
| Pezula (Golf & Private) | Garden Route | 10 |
| Pearl Valley | Western Cape | 5 to 10 |
| Silver Lakes | Pretoria | 5 to 10 |
| Waterfall Equestrian Estate | Johannesburg | 5 to 10 |
| Mount Edgecombe | Natal | 5 to 10 |
More on the richest
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