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According to the latest edition of the Sunday Times Rich List, South African billionaire Nicky Oppenheimer is the wealthiest African on the list, with an estimated fortune valued at £6.456 billion. He ranks 24th on the list, up from the 31st last year. | Pulse Nigeria
South Africa has five – count them, five – dollar-billionaires currently residing in the country. With Elon Musk and Natie Kirsch now naturalised American citizens, we unfortunately can’t claim them as our own. Lord knows SARS would have a field day if we could, mind, and for what’s its worth, the remaining mega-rich locals have their ‘preferred spots’.
Most of SA’s dollar-billionaires ‘live in the Western Cape’
A majority of these dollar-billionaires are in the Western Cape – the other two are both based in Johannesburg. Durban is home to 3 400 dollar-millionaires, but the city has so far been unable to tempt the super-wealthy to the east coast. Pretoria has over 100 multi-millionaires, worth $10 million or more, but no-one with a nine-zero bank balance has set up shop.