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Super-rich pick Africa

May 11, 2017 | Luxury Trends, Property News

SA was the most popular African destination for the super-rich in 2016, according to the AfrAsia Bank Africa 2017 Wealth Report, published by New World Wealth. High net worth individuals, or millionaires, are people with wealth of $1m or more. Multimillionaires are people with wealth of at least $10m.

Approximately 15,000 multimillionaires visited the country during the year. Major SA destinations included: Cape Town, Johannesburg, Umhlanga, Durban, Paarl, Franschhoek, Stellenbosch and Kruger Park. The most popular hotels and lodges for millionairs in Africa during the past year are listed below.

Africa: most popular hotels for high net worth individuals, 2016

1. 12 Apostles Hotel & Spa, Cape Town, SA

2. Four Seasons Seychelles, Seychelles

3. Lost City and Sun City Sun City, SA

4. La Mamounia Marrakesh, Morocco

5. The Beverley Hills Umhlanga, SA

Africa: most popular safari lodges for high net worth individuals, 2016

1. Ngorongoro Crater Lodge Serengeti, Tanzania 

2. Ngala Tented Camp Kruger Park, SA

3. Savanna Kruger Park, SA

4. Royal Livingstone Livingstone, Zambia

5. Cottar’s 1920s Safari Camp Masai Mara, Kenya

Source: New World Wealth

* This article originally appeared in Business Day Homefront

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