{"id":61793,"date":"2014-07-03T00:05:57","date_gmt":"2014-07-02T22:05:57","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=61793"},"modified":"2014-07-02T22:35:10","modified_gmt":"2014-07-02T20:35:10","slug":"south-africas-dollar-billionaires","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/61793\/south-africas-dollar-billionaires\/","title":{"rendered":"South Africa\u2019s dollar billionaires"},"content":{"rendered":"

New research finds that there were 581 Ultra High Net Worth Individuals (UHNWIs) in South Africa in 2013, with an average per capita wealth of US$124.7 million (R1.3 billion).<\/p>\n

UHNWIs\u00a0are defined as individuals having a net worth of at least US$30 million, after accounting for shares in public and private companies, residential and passion investments such as art, planes and real estate.<\/p>\n

According to market research firm, Research and Markets, of this total, there were eight billionaires in South Africa, 164 centimillionaires (exceeding $100 million) and 409 affluent millionaires.<\/p>\n

The report noted that UHNWIs accounted for 1.2% of the total South African HNWI population in 2013, which was greater than the global average of 0.7%.<\/p>\n

The number of South African UHNWIs increased by 50.5% during the review period, from 386 in 2009 to 581 in 2013.<\/p>\n

The number of centimillionaires and affluent millionaires increased by 47.7% and 50.9% respectively.<\/p>\n

According to Research and Markets, the number of UHNWIs is predicted to increase by 16.1%, reaching 700 in 2018. This will include 10 billionaires, 201 centimillionaires and 489 affluent millionaires.<\/p>\n

In March, Forbes released its annual listing of the world\u2019s billionaires, which included eight South Africans.<\/p>\n

Richest people in South Africa<\/h3>\n
\n\n\n\n\n\n\n\n\n\n\n
Rank#<\/strong><\/td>\nName<\/strong><\/td>\nNet Worth
\n<\/strong><\/td>\n		ZAR<\/strong><\/td>\n<\/tr>\n
173<\/td>\nJohan Rupert & family<\/td>\n$7.6 billion<\/td>\nR82.35 billion<\/td>\n<\/tr>\n
205<\/td>\nNicky Oppenheimer & family<\/td>\n$6.7 billion<\/td>\nR72.60 billion<\/td>\n<\/tr>\n
506<\/td>\nChristo Wiese<\/td>\n$3.2 billion<\/td>\nR34.67 billion<\/td>\n<\/tr>\n
642<\/td>\nPatrice Motsepe<\/td>\n$2.7 billion<\/td>\nR29.26 billion<\/td>\n<\/tr>\n
1284<\/td>\nKoos Bekker<\/td>\n$1.3 billion<\/td>\nR14.09 billion<\/td>\n<\/tr>\n
1284<\/td>\nAllan Gray<\/td>\n$1.3 billion<\/td>\nR14.09 billion<\/td>\n<\/tr>\n
1284<\/td>\nStephen Saad<\/td>\n$1.3 billion<\/td>\nR14.09 billion<\/td>\n<\/tr>\n
1284<\/td>\nDesmond Sacco<\/td>\n$1.3 billion<\/td>\nR14.09 billion<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

A Wealth-X and UBS World Ultra Wealth Report<\/a> pointed to 199,235 UHNW individuals in the world, with a total combined net worth of $27.77 trillion.<\/p>\n

The average wealth of an UHNW individual had risen to $139 million, it said.<\/p>\n

The report pointed to 2,170 billionaires in the world, with a combined net worth of $6.516 billion.<\/p>\n

More on millionaires<\/h3>\n

South Africa\u2019s richest people in 2014<\/strong><\/a><\/p>\n

The world\u2019s richest people in 2014<\/strong><\/a><\/p>\n

Where South Africa\u2019s rich live<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New research finds that there were 581 Ultra High Net Worth Individuals in South Africa in 2013, with an average per capita wealth of US$124.7 million<\/p>\n","protected":false},"author":10,"featured_media":61823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[26,7853,1390,7036],"class_list":["post-61793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-headline","tag-research-and-markets","tag-ubs","tag-wealth-x"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/61793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=61793"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/61793\/revisions"}],"predecessor-version":[{"id":61825,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/61793\/revisions\/61825"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/61823"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=61793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=61793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=61793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}