Dollar millionaires in Nigeria dropped by 30% between 2012 and 2022

Figures as of December 2022 show that Nigeria's millionaires decreased by 30% between 2012 and 2022, indicating a significant shift in the dynamics of wealth. Mauritius saw a noteworthy increase of 69%, with Kenya recording a 30% growth.

Source:

New World Wealth

Period:

2012 - 2022
HTML code to embed chart
Want a bespoke report?
Reach out
Tags
Related Insights

The US gold reserve of over 8,000 tonnes is higher than Germany's and Italy's gold reserves combined
Key takeaways:
The United States holds the largest national gold reserves in 2024, totalling 8,133.46 tonnes.
Western European countries in the top...

China tops the global reserves chart in 2024, holding nearly three times Japan’s reserves and having 5.53% of its total reserves as gold reserves
Key takeaways:
China leads all nations with total reserves of $3.46 trillion while holding 5.53% of its share in gold reserves.
The...

Elon Musk tops the global wealth rankings with a fortune surpassing $300 billion as of March 13, 2025
Key Takeaways:
As of March 13, 2025, Elon Musk is the sole individual whose net worth exceeds $300 billion.
Mark Zuckerberg is...

As of March 6, 2025, Alice Walton ranks as the richest woman in the world with a net worth of $103.9 billion
Key takeaways:
The total wealth of the three richest women surpasses $259 billion.
Alice Walton is the only woman in the world...

Nigeria’s richest man has a net worth of $23.9 billion, ranking him as the 86th richest person globally
Key takeaways:
The total wealth of Nigeria's top four billionaires amounts to $37.4 billion.
Aliko Dangote's fortune accounts for almost 64% of...

Aliko Dangote, the richest man in Africa has a net worth of $23.9 billion as of March 6, 2025
Key takeaways:
Africa’s wealthiest individual, Aliko Dangote, is approximately twice as rich as Johann Rupert and Nicky Oppenheimer.
Each of the three...

POPULAR TOPICS
SIGN UP TO OUR NEWSLETTER
Get periodic updates about the African startup space, access to our reports, among others.
Subscribe Here
Subscription Form

©2025
A product of Techpoint Africa. All rights reserved