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Casablanca — Morocco counted 432 ultra-high-net-worth individuals in 2026, according to Knight Frank’s Wealth Report 2026.
This mean that 432 Moroccans are with assets above $30 million. The figure was 305 in 2021, marking a 41.6% increase in five years. The report projects Morocco’s ultra-wealthy population will rise again to around 550 people by 2031.
The report comes as global wealth creation continues at a rapid pace. Worldwide, the number of people worth more than $30 million climbed from 551,435 in 2021 to 713,626 in 2026. Knight Frank report said that equals 89 new ultra-wealthy individuals being created every day over the past five years.
North America remains dominant, accounting for 37% of the world’s ultra-rich population in 2026. The United States alone had 251,352 individuals worth over $30 million and is expected to reach 387,422 by 2031. China ranked second with around 121,000 ultra-wealthy residents, while India continued gaining ground with nearly 20,000.
Read also: Moroccan Billionaire Marc Lasry Among Forbes 250 Greatest Self-Made Americans
Africa, meanwhile, remains one of the slowest-growing regions globally. The continent’s ultra-wealthy population is forecast to grow by 14.9% over the next five years, well below North America’s projected 53% increase and below the global average of 32.9%. Africa is also expected to account for just 0.9% of the global billionaire population by 2031.
South Africa was the only African country listed among the top 20 markets for billionaire growth, with billionaire numbers projected to rise from 10 to 14 by 2031, a 40% increase.
The report also pointed to a broader shift in global wealth geography. Indonesia is forecast to record the fastest growth in ultra-high-net-worth individuals by 2031, with an 82% increase.
Saudi Arabia and Poland follow at 63%, while Vietnam and Australia are both expected to post growth of nearly 60%. Saudi Arabia is also forecast to lead billionaire growth globally with a 183% increase over five years.
Knight Frank said wealthy investors are increasingly directing money toward luxury real estate, infrastructure, data centers, and private investment platforms as family offices expand operations across hubs including Dubai, Singapore, London, and New York.
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