Kenya is among African countries with the rising number of dollar millionaires even as five out of 13 Kenyans live in abject poverty, illustrating a widening gap between the rich and poor.
The latest Africa Wealth Report by Henley & Partners, an investment migration consultancy based in London shows the number of Kenyans worth over $1 million (Sh130 million) rose by 30 per cent in a decade to 2023, one of the highest in the region.
The growth rate in Kenya is third after Mauritius and Namibia whose rate of dollar millionaires rose by 87 and 32 per cent respectively to 5,100 and 2,300 in that order.
