Browsing: richest people of africa

How to join an elite club of less than 1% of the world's population.
  • The capitalist class consists of less than 1% of the richest individuals in the world.
  • These members of the capitalist class are worth a collective US$ 12 trillion. This is according to Forbes magazine which profiles the members of this exclusive club.

Less than 1% of the global population consists of the world's wealthiest individuals. In 2022, there were fewer billionaires than in the previous year. When compared to the rest of the globe, Africa's list of billionaires is relatively static. It is economically advantageous to have more billionaires than none. An economy is seen to be progressing if there are more billionaires than before.

  • It is desirable for a country to have a growing number of members of the capitalist class among its population.
  • It is a positive sign of economic growth when the number of billionaires are increasing in a country.
  • To be a member of the capitalist