New World Wealth has published its list of the top lifestyle estates around the world, with three South African developments featuring on the list.
The top estates were selected based on their appeal to high-net-worth individual (HNWIs), maintenance, communal areas such as parks, design, location, scenery, security and facilities/activities available which includes gym, tennis, golf, equestrian and lifestyle advantages.
New World Wealth defines millionaires as those with a net worth of $1 million or more. Using this metric, there are approximately 36,500 dollar millionaires living in the country – down by 1,900 from the number recorded in 2020.
Included in South Africa’s millionaire figures are 1,930 multi-millionaires living in South Africa, each with net assets of $10 million or more. In addition, there are five billionaires living in South Africa, each with net assets of $1 billion or more.
The group estimates that over 45% of South African HNWIs either live or have homes on estates.
Below are the top lifestyle estates, and how much it costs to buy a property in each one.
Yellowstone Club in USA
Val de Vie in South Africa
Bighorn Golf Estate in USA
Steyn City in South Africa
Kukio in Hawaii, USA
Fancourt in South Africa
Jumeirah Golf Estate in the UAE
Jacks Point in New Zealand
Toscana Castelfalfi in Italy