8. Libya– 5,400 Millionaires
New World Wealth reported that about 5,400 of Libya’s 6.2 million people are millionaires, making the country the continent’s eighth largest producer of high wealth individuals. The economy is structured primarily around the nation’s energy sector, which generates about 95 percent of export earnings, 80 percent of GDP, and 99 percent of government income. Substantial revenue from the energy sector coupled with a small population give Libya one of the highest per capita GDPs in Africa, according to Africacradle.com.
7. Tanzania– 5,700 Millionaires
Tanzania is the second-largest economy in the East African Community with a population of 49.6 million. The country now has 2,200 millionaires, up 120 percent from the turn of the millennium, according to a recent Business Insider article.
