Posted on 04/12/2016 5:07:48 PM PDT by MinorityRepublican
New data from New World Wealth, in association with MasterCard, shows that the number of black millionaires in South Africa has almost tripled in the last 8 years- while white millionaires have dropped significantly.
NWW’s data shows that at the end of 2015, there were 38,500 millionaires in South Africa – down 18% from 46,800 recorded at the end of 2014.
There was a net-gain in millionaires from previously disadvantaged backgrounds of 2,600 HWNIs, while there was a net decrease in white millionaires of 10,900 individuals.
About 45% of all high net worth individuals (HWNIs) in the country are from previously disadvantaged groups (including black, Indian and coloured South Africans), with white South Africans still making up the majority.
On the other end of the scales, white millionaire numbers have decreased in the country, slipping from 36,600 in 2007, to 21,200 in 2015 (a decrease of 42%). Year-on-year, there are 10,900 fewer white millionaires in the country (a drop of 34%).
(Excerpt) Read more at businesstech.co.za ...
The real news here is that there is still a white millionaire in South Africa. They’ve had years to figure out how to “cash out”...
Next will be the poor white millionaires.
The real news here is that there is still a white millionaire in South Africa. They’ve had years to figure out how to “cash out”...
If I'm a South African millionaire, I wouldn't mind living in Cape Town. But apparently the city is very violent....
Aren’t millionaires fleeing most countries? Where are they all going?
The problem is that your wealth is hostage to the mob, and you and your loved ones are little more than hostages as well. Zimbabwe showed how that would work out.
Let’s see how the champions of refugees welcome these refugees from South Africa. We would be making money on these refugees fora change.
Communist intimidation and mobs; black criminal gangs of kidnappers abound; black racism is very strong in certain ANC/CPSA areas; and killings of whites is on the increase.
A sort of late-comer Zimbabwe (Rhodesia).
When the black millionaires start fleeing, then you’re really in trouble!
Funny, the article calls them “white” and “disadvantaged.” I always thought being the minority was always the disadvantage.
I was thinking the same thing. I can’t believe white person with wealth and ambition is left.
We’ve received a fair number of white South Africans in Canada. Most of them are professionals, many doctors and engineers. Net gain for Canada over what Turd-owe imports.
Any White who DOESN’T flee South Africa needs his head examined.
Ranches on the South Island, with private airstrips and high security.
Give SA another decade....No phones,no running water,no toilets working, etc etc etc ...Back to B4 the Big Bad White man ....
inventions
www.sentinelblog.com/2016/04/10/white-genocide-in-south-africa-a-personal-view/
Detroit writ large.
Nah, the UN and the NGO's will move in and maintain enough of an infrastructure for the international conference circuit.
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