![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/46OQFDLCMJDWFB6VLCT2IPMAKU.jpeg?smart=true&auth=62d94c5c2880db221b7142cb07bb4bd4b8323b353cde6d71e9fe8820ff46618a&width=400&height=225)
Cape Town in South Africa ranked fifth in the Middle East and Africa for total HNWI wealth worth $130bn, the report by New World Wealth found. Photo: Alamy
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In the Middle East and Africa region, Dubai ranked first for combined HNWI private wealth at $530bn. Photo: Sarah Dea / The National
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Tel Aviv in Israel ranked second in the MEA region for combined private wealth at $312bn. Photo: AFP
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Johannesburg in South Africa ranked third in the Middle East and Africa, with total private wealth held estimated to be $235bn. Photo: AFP
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Istanbul in Turkey ranked fourth in the MEA region for combined private wealth worth $180bn in June 2021. Photo: AP
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/46OQFDLCMJDWFB6VLCT2IPMAKU.jpeg?smart=true&auth=62d94c5c2880db221b7142cb07bb4bd4b8323b353cde6d71e9fe8820ff46618a&width=400&height=225)
Cape Town in South Africa ranked fifth in the Middle East and Africa for total HNWI wealth worth $130bn, the report by New World Wealth found. Photo: Alamy
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/6FLLXNGSRXKA5EQ4DB6G2QCUVA.jpg?smart=true&auth=ed08f5a99ac949a48dab358458080ccf6039ae46c9a614eec96bce0c0c22de1f&width=400&height=225)
In the Middle East and Africa region, Dubai ranked first for combined HNWI private wealth at $530bn. Photo: Sarah Dea / The National
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/6P7PC364YFW7G7WR5672X3HIOA.jpg?smart=true&auth=3c818971f9e77d22fba8549a14d4ffd77eb6be2a83d9496d546587534a438299&width=400&height=225)
Tel Aviv in Israel ranked second in the MEA region for combined private wealth at $312bn. Photo: AFP
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/BNBD4DXY6RGRZFF47ZP3ALFBEM.jpeg?smart=true&auth=25c83789accf935cb22314297c3e1cf1b6bb8325c594fe1c041aadc6c3736be1&width=400&height=225)
Johannesburg in South Africa ranked third in the Middle East and Africa, with total private wealth held estimated to be $235bn. Photo: AFP
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/YXIUV7K75TRXKFWXTD2P2AHJGU.jpg?smart=true&auth=3422a4148b9aac2ecd577a5242c390c1fad13dd872fc49edb3b77c1d185eb57b&width=400&height=225)
Istanbul in Turkey ranked fourth in the MEA region for combined private wealth worth $180bn in June 2021. Photo: AP
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/46OQFDLCMJDWFB6VLCT2IPMAKU.jpeg?smart=true&auth=62d94c5c2880db221b7142cb07bb4bd4b8323b353cde6d71e9fe8820ff46618a&width=400&height=225)
Cape Town in South Africa ranked fifth in the Middle East and Africa for total HNWI wealth worth $130bn, the report by New World Wealth found. Photo: Alamy
Dubai ranks as 29th most popular city for world’s ultra-wealthy
The city is home to 54,000 millionaires, new report finds
![Deepthi Nair](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/https%3A%2F%2Fs3.amazonaws.com%2Farc-authors%2Fthenational%2Fc4ca6cb5-05b0-4e9a-94ca-35da7c89dd08.png?smart=true&auth=323b2b0a205e9228ce068424503266b9b08ad01ae4b5b2076805a9f2abd92a5c&width=70&height=70)
Deepthi Nair
06 September, 2021
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