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South Africa's wealth exodus: billionaires are leaving
South Africa is witnessing a significant exodus of high net worth individuals (HNWIs) in what may serve as an alarming wake-up call for economic policymakers. The latest report from Henley & Partners indicates that the nation is a net loser in the ongoing global migration of wealth, with around 250 dollar millionaires departing the country in the last year alone, taking an estimated $1.6 billion (approximately R28 billion) with them. The report …
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Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
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- 100% of the sources lean Right
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R 100%
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