Meet KZN’s high rollers
Durban - Durban is producing millionaires faster than any other city in South Africa. And it is rapidly becoming the new City of Gold, according to a report released by a global finance research firm. The city at present has 2 700 high net-worth individuals with net assets worth more than R11 million or $1m, with the number expected to grow by 35 percent over the next decade. While Joburg and Cape Town still have more dollar millionaires than Durban with 23 400 and 9 000 respectively, Durban is catching up, having demonstrated a higher percentage growth in the number of high rollers produced since 2007