Ferraris, jets … and golf. What SA’s super-rich splurge on

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Ferraris, jets … and golf. What SA’s super-rich splurge on

The latest report by AfrAsia Bank and New World Wealth uncovers SA's wealth trends

Senior reporter

As ordinary South Africans penny pinch in tough economic times, a select group of high net-worth individuals are living the high life.

The latest wealth report released by AfrAsia Bank and New World Wealth unpacks where the super-rich live, the luxury items they invest in, their top hobbies and the cars they drive.

A city wealth breakdown for 2018 showed that Johannesburg had the highest number of high net-worth individuals – those with wealth of $1m or more...

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