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2,600 Millionaires Now Live in Ghana — Second Highest in West Africa, 2025 Africa Wealth Report Reveals

Ghana has emerged as one of West Africa’s leading destinations for wealth creation, with over 2,600 U.S. dollar millionaires currently residing in the country, according to the 2025 Africa Wealth Report.

The latest report, published by Henley & Partners in collaboration with New World Wealth, places Ghana second in West Africa, behind Nigeria, in terms of high-net-worth individuals (HNWIs). The country’s economic resilience, booming real estate market, and growing financial services sector have been credited as key drivers of this wealth growth.

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2,600 Millionaires Now Live in Ghana — Second Highest in West Africa, 2025 Africa Wealth Report Reveals 3

The report highlights Accra as the primary hub for Ghana’s millionaires, housing a significant portion of the country’s wealthy elite, followed by cities like Tema and Kumasi, which are also witnessing steady investment inflows.

Ghana’s continued political stability and favorable investment climate have attracted both local entrepreneurs and diaspora investors, reinforcing its reputation as one of Africa’s most promising economies.

Experts predict the number of millionaires in Ghana could rise by more than 40% over the next decade if the country maintains its current trajectory of economic and infrastructural growth.