How many billionaires does Morocco have?


How many billionaires does Morocco have? Morocco is home to four billionaires, 28 centi-millionaires, and 5,800 millionaires. Wealth Report: Morocco Among 'Big 5' Wealth Markets in Africa By Mariya Sahnouni - Mar. 29, 2023 12:47 p.m.


Do millionaires live in Morocco?

Morocco is home to four billionaires, 28 centi-millionaires, and 5,800 millionaires. Wealth Report: Morocco Among 'Big 5' Wealth Markets in Africa By Mariya Sahnouni - Mar. 29, 2023 12:47 p.m.


Where do the rich Moroccans live?

H&P data suggests that the number of super-wealthy individuals residing in Marrakech grew by 55% between 2012 and 2022. The Moroccan city is now home to 900 millionaires, 8 centi-millionaires (individuals with a network of $100 million), and two billionaires.


What does Morocco lack?

Other minerals include iron ore and coal, mined for Morocco's domestic use, and barite, manganese, lead, and zinc, which are exported in small quantities. A major weakness in Morocco's resource inventory is its shortage of domestic energy sources.


Is Morocco a rich or a poor country?

Despite Morocco's status as a middle-income country, living standards are low by international standards and have declined since the early 1990s, especially in terms of educational and medical social services.