By Dewald Van Rensburg

Johannesburg – Wealth reporting has become a thing. Headlines tell us the world’s superrich are multiplying, especially in the developing world.

The people telling us about this trend are also multiplying, with ever more “wealth sector” reports quantifying and surveying the world’s so-called high-net-worth individuals.

Some wealth reports consist almost entirely of infographics based on other wealth reports.

Africa’s club of high-net-worth individuals, defined as people with at least $1m in net assets other than their primary residences, apparently reached 161 000 last year. That’s a 145% increase from 2000, which seems large until it’s compared with the equivalent rise in South America of 270% and 205% in Australasia

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