Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
|
Quote:The Growth of High Net Worth Individuals - According to the Knight Frank Wealth report 2017, Kenya had 9,400 high net worth individuals in 2016 and the number is expected to increase to 16,900 over the next 10 years. High net-worth individuals, according to the report, are persons with a net worth exceeding USD 1.0 mn (Kshs 103.3 mn) excluding their primary residence. If such an individual invests at least 25.0% of their assets in real estate, they can afford a Kshs 25.8 mn house. The number of high net worth Kenyans grew by 93.0% between 2006 and 2016, and is projected to grow by 80.0% over 10 years to 2026 supported by entrepreneurial growth, and increased number of senior level employment in large and growing corporates, indicating the potential for increased demand, We are indeed a poor country If Obiero did it, Who Am I?
|