People with less money may be more likely to share their wealth than the rich, according to a new study

2018-07-03 18:12

But the researchers concluded this may not have anything to do with empathy.

There are 3 ways to keep your kids from being spoiled, no matter how rich you are

2018-07-02 14:02

One wealth adviser says wealthy parents should raise kids based on three principles: want, work, fail.

Super-rich hunt for trophies leads to R38bn in sales

2018-05-20 20:45

The super-rich invest in art as a status symbol, but also to make money, hoping for big returns on their down payment.

SA 'by far' Africa's richest and most advanced country - report

2018-04-30 19:18

SA ranks 33rd worldwide in terms of total wealth and 38th in terms of the number of super rich, according to a report by AfrAsia Bank and New World Wealth.

World Bank says SA could halve poverty by 2030

2018-04-11 13:06

The World Bank projects that by 2030 inequality in SA should be back down to its 1994 level, but the state could do more with the right interventions.

More than 350 multi-dollar-millionaires live in these three Johannesburg suburbs

2018-04-06 15:32

In total, 970 (44%) of the country's multi-dollar-millionaires live in Johannesburg, and 490 (22%) in Cape Town.

Where to find those with R120m in Cape Town, Joburg

2018-04-06 06:45

The latest South Africa 2018 Wealth Report lists the suburbs in Cape Town and Johannesburg where the most ultra-rich choose to live.

SA households grow wealth to R7.3trn, but inequality persists

2018-04-05 17:53

SA household real net wealth increased to R7.3trn in 2017, R451.6bn higher than reported in 2016. However, 72.2% of this net wealth is owned by the top 20% household income earners.

There are now 3,200 dollar millionaires living in Paarl, Franschhoek and Stellenbosch

2018-04-05 12:28

Meanwhile Johannesburg lost 4% of its dollar millionaires the last 10 years – though it still houses 42.2% of the country's total.

What we know about wealth in South Africa and who owns it

2018-03-23 11:15

Bearing the limitations of the available data in mind, three recent reports help to illuminate our understanding of wealth and its distribution in South Africa.

 

SA households R200bn poorer as drop in share prices bites

2018-07-02 17:39

The net wealth of South African households declined by an estimated R205bn during the first quarter of 2018, compared to the last quarter of 2017, according to a new report.

Wanna be super rich in SA? Study law and finance

2018-05-30 09:09

The fastest growing sectors generating super rich in South Africa over the past 10 years have been financial and professional services, according to a new report.

Cape Town luxury property 2nd best performer worldwide - report

2018-05-09 20:24

Cape Town’s luxury residential property market grew by 19.9% last year, the second-best performance worldwide, according to Knight Frank's Prime International Residential Index 100.

Most exclusive penthouses up for grabs in SA

2018-04-11 15:28

Penthouse living is synonymous with the rich and famous and Cape Town’s Atlantic Seaboard illustrates this trend, says an expert at Seeff.

The top 10 most expensive streets in South Africa - where you can pay up to R95 000 per square metre

2018-04-07 07:03

Cape Town is home to the country's ten most expensive streets.

SA's super-rich: their preferred cars, hotels and watches

2018-04-06 12:30

The luxury sector in SA generated revenue of about about R27.28bn in 2917, slightly less than in 2016, according to the South Africa 2018 Wealth Report.

Many super-rich ditched Joburg for other parts of the country - report

2018-04-05 19:03

Although Johannesburg is home to most of the super-rich in South Africa, a large number decided to move to other parts of the country over the past ten years.

What the super-rich love about SA

2018-04-05 15:36

There are various reasons why South Africa has over twice as many dollar millionaires as any other African country, according to a new wealth report.

Almost a third of South Africa's dollar millionaires studied law, a new report says

2018-04-05 11:31

Some 68% of South African dollar millionaires have only undergraduate degrees.

"I want my children to understand generational wealth" - Nandi Madida on buying her son land

2018-03-09 10:28

Nandi Madida bought her son land for his first birthday and we couldn't be more proud.

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