South African businessman Barry Swartzberg loses $13.8 million on Discovery shares
The recent decline, however, reflects a shift in investor sentiment, despite Discovery's robust financial results.
Latest
Johann Rupert loses $77 million valuation battle over his Leopard Creek luxury golf estate
A tribunal confirmed the $77 million municipal valuation of Johann Rupert's Leopard Creek estate, handing Nkomazi Municipality a sweeping legal victory
Tyler Perry sells his stake in BET+ as Paramount shuts down the streaming service and merges it with Paramount+
Tyler Perry has sold his 25% ownership stake in BET+ to Paramount Skydance, which is shutting down the streamer and merging it with Paramount+.
Investor Memo: $126.7 Billion at the Peak — What Forbes Doesn’t Tell You
Forbes says Africa's 23 billionaires are worth a record $126.7 billion — but the list was frozen on March 1, the day before the war began, and sixteen days later, those fortunes are splitting fast.
Wealth Intelligence: Motsepe and the Gold War Windfall
Gold past $5,400, platinum surging, ARM's profit swinging from a R409 million loss to R1.9 billion — inside the war windfall quietly compounding Patrice Motsepe's fortune.