The city with most millionaires in Morocco

According to a recent report published by Henley Global, a leading international citizenship and residency advisory firm, 3 Moroccan cities have been featured in the list of the wealthiest cities in North Africa.

The report features exclusive data highlighting the world’s wealthiest and fastest growing cities. The data compiles the cities with largest number of High-Net-Worth Individuals (HNWI) with the categories: millionaires (in $=USD terms), centi-millionaires, and billionaires.

City/AreaNumber of Millionaires
Number of Centi-millionaires
Number of Billionaires
($ 1bn+)
HNWI growth %
(2012 to 2022)
Moroccan cities with the highest number of wealthy individuals (Source).

Casablanca, Morocco’s largest city, is featured in the list with 2800 millionaire, 14 centi-millionaires, and 2 billionaires. It is ranked 9th in African and as the wealthiest city in North Africa.

Marrakech, the popular tourist destination in Morocco, has 900 millionaires, 8 centi-millionaires and 2 billionaires as residents. The city offers a unique blend of traditional and modern culture, and it is known for its vibrant marketplaces, luxurious resorts, and historical landmarks.

Also featured in the list is Tanger, the north Moroccan city closest to Spain. 700 millionaires, and 3 centi-millionaires as residents of the city. The city was once known for its bohemian life style, and attracted a lot of writers and artists in the past.