As of December 2023, there were approximately 2,300 dollar millionaires in Namibia.
Understanding Namibia's Millionaire Landscape
A "dollar millionaire" refers to an individual whose total net worth, encompassing all assets like real estate, investments, and cash, minus any liabilities, exceeds US$1 million. In December 2023, this wealth threshold was roughly equivalent to N$19 million in Namibian currency.
Key Statistics on Wealth in Namibia (December 2023)
The latest available data offers a clear snapshot of high-net-worth individuals in Namibia:
| Wealth Category | Number of Individuals (Approximate) | Equivalent in Namibian Dollars (N$) |
|---|---|---|
| Individuals with wealth exceeding US$1 million | 2,300 | Approximately N$19 million |
| Individuals with wealth exceeding N$1 billion | 3 | Over N$1 billion |
It is important to note that these figures represent estimates based on data from December 2023.
