The latest Henley & Partners Africa Wealth Report indicates that Ghana is now home to 2,600 individuals with liquid investable wealth of at least $1 million.
According to the report, Ghana’s millionaire population reached 2,600 in 2025, ranking the country eighth in Africa and second in West Africa after Nigeria.
This represents a 20% increase in Ghana’s millionaire population between 2015 and 2025, adding over 400 new millionaires during the period under review.
Meanwhile, Nigeria saw a 47% decline in its millionaire count.
Ghanaian millionaires with ‘ridiculous’ success stories
Despite this decade-long growth, Ghana’s millionaire numbers have dipped slightly in recent years, from 2,700 in December 2023 to 2,600 as of June 2025.
The number of ultra-wealthy individuals worth more than $100 million rose from 6 to 8 during the same period, the second-highest in West Africa after Nigeria.
Other emerging wealth hubs include Mauritius and Rwanda, which have seen millionaire growth rates of 63% and 48%, respectively, over the past decade.
SP/MA
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