Mail & Guardian
Mail & Guardian
high net worth individualslatest news & developments
(Oupa Nkosi/ M&G)
APARTHEID

Implement a seven-year 2.5% tax on R25m net worth individuals

This would go a long way towards addressing historical injustices and shaping a better future for South Africans

  • Kanelo Pitso
4 min read
Alan Yates, Head of Distribution at Peregrine Capital.
A LONG SHORT EQUITY

Financial consumers back hedge funds for better risk-adjusted returns, downside protection

The SA hedge funds industry is gaining popularity among a broader range of consumers due to increased regulatory oversight

  • Gareth Stokes
10 min read
New millionaire residents in Cape Town will surge by 85% in 2033, making it one of the Brics nations fastest growing wealth hubs. (Photo by: Peter Adams/Avalon/Universal Images Group via Getty Images)
BRICS WEALTH REPORT

Cape Town to mint 6100 new millionaires in projected wealth boom

New millionaire residents will surge by 85% in 2033, making it one of the Brics nations fastest growing wealth hubs

  • Seth Onyango
2 min read
FOLDABLE PHONE

Samsung Galaxy Z Flip 5 is a multitasking dream

It’s a perfect fit for busy fathers, during the festive season and beyond

  • Samsung
4 min read
The Standard Bank’s Wealth Report for Africa for 2020 shows that the continent’s wealthiest individuals worry about what impact volatile political environments will have on their wealth. (John McCann/M&G)
AFRICA

Crazy-rich Africans fear instability

The Standard Bank’s Wealth Report for Africa for 2020 shows that the continent’s wealthiest individuals worry about what impact volatile political environments will have on their…

  • Thando Maeko
3 min read