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Top 10 most popular hobbies of African millionaires

Cape Town - Wildlife safaris were the most popular pastime for high net worth individuals (HNWIs) in Africa in 2016, according to the AfrAsia Bank Africa 2017 Wealth Report published by New World Wealth.

In terms of the report HNWIs, also referred to as millionaires, are those individuals with wealth of $1m (about R14m) or more. They are a notch below the so-called multimillionaires, who, in terms of the report, have wealth of $10m or more.

Among the top 10 most popular hobbies of African HNWIs, golf came in second place, followed by cycling, art collecting, horses and tennis.

Skiing trips overseas clocked in at 7th place among the top 10 hobbies. It is followed by collecting cars, fly-fishing and collecting watches.

According to the report, cycling and car collecting have become more popular hobbies among HNWIs over the past few years.

At the same time, golf, tennis and horses have become less popular among African HNWIs.

As for the most popular hotels among Africa's HNWIs, the 12 Apostles Hotel & Spa in Cape Town came out tops, followed by the Four Seasons Seychelles, the Lost City and Sun City, La Mamounia in Marrakesh, Morocco and the Beverley Hills in Umhlanga.

Their top five most popular safari lodges in 2016 were the Ngorongoro Crater Lodge in the Serengeti in Tanzania, followed by the Ngala Tented Camp and Savanna camp in the Kruger National Park, Royal Livingstone in Livingstone, Zambia and Cottar's 1920s Safari Camp in the Masai Mara, Kenya.


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