Top 10 African Countries with the Most Millionaires

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Top 10 African Countries with the Most Millionaires

September 10, 2015 | Posted by A Moore, Source

10. Algeria– 4,100 Millionaires

Bologhine-upscale-suburb-Algiers

With a socialist-leaning government and a population of 38.8 million, Algeria has produced 4,100 millionaires, according to a report by AfrAsia Bank and New World Wealth. Hydrocarbons have long been the backbone of the economy, accounting for roughly 60 percent of budget revenues, 30 percent of GDP, and over 95 percent of export earnings. Algeria has the 10th-largest reserves of natural gas in the world and is the sixth-largest gas exporter.

9/10/154:05 PM

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Top 10 African Countries with the Most Millionaires

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