The report focuses on high net worth individuals with a wealth of $1 million or more. Total wealth refers to the private wealth held by all the individuals living in each country. It includes all their assets – property, cash, equities, business interests – less liabilities.
The largest portion of the country’s HNWIs acquired their wealth through financial and professional services , followed by the real estate sector.The data shows that South Africa’s HNWIs typically studied either law, finance or accounting degrees when at university. The University of Cape Town is the most popular university among HNWIs , followed closely by the University of the Witwatersrand and Stellenbosch University .
You can find a complete breakdown of what South Africa’s wealthiest people studied and what industries they work in below.
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Source: BusinessTechSA - 🏆 24. / 61 Read more »