Sat. Jul 20th, 2024

Egypt topped the list of African countries with a large number of wealthy people, according to a recent report by Henley & Partners, a company specializing in residency and citizenship by investment.

The report showed that Egypt is home to more than 15,700 millionaires, almost half of the number, specifically 7,200 people with a wealth exceeding one million dollars, whose capital Cairo lives, in addition to 52 “millionaires” or millionaires whose wealth exceeds $ 100 million and 30 cent imperialists of them reside in Cairo.

With the decline in the value of the Egyptian currency, Cairo witnessed a decline in the number of millionaires by 21% from the previous year, and 22% in Egypt overall.

The data indicates that there are 7 Egyptian billionaires on Forbes’ list of the world’s richest, with four of them living in Cairo alone, and the wealthy parts of Cairo include Zamalek, Garden City, and New Giza.

Egypt also tops Forbes’ list of the world’s richest people with 7 billionaires, with 4 of them residing in Cairo alone.

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