Nairobi ranked fifth in Africa’s dollar millionaires

Nai

Part of the Nairobi City skyline. The number of dollar millionaires in Nairobi has fallen due to the economic difficulties facing investors. PHOTO | NMG

Nairobi has been ranked fifth in terms of the number of dollar millionaires in Africa in a report by research firm New World Wealth and Henley & Partners.

The latest Henley Global Citizens Report, which tracks private wealth migration trends worldwide, shows Nairobi has 5,000 high net worth individuals (HNWI) with at least $1 million.