South African tycoon Cobus Stofberg's Naspers stake now worth $120 million

Key Points

• Cobus Stofberg’s Naspers stake has climbed to $123 million after a strong rally on the Johannesburg Stock Exchange in 2025
• The stake’s value rose by $40.58 million this year, driven by Naspers’ 39% share price surge since Jan. 1.
• Naspers, worth $54.5 billion, continues to benefit from its Tencent holding and strong global e-commerce and media operations.

South African businessman Cobus Stofberg has seen the value of his stake in Naspers, Africa’s largest publicly traded company, climb past $120 million. A strong rally in the company’s share price on the Johannesburg Stock Exchange (JSE) has added more than $40 million to his holdings, reflecting Naspers’ solid performance in recent months.

Stofberg, a founding member of MultiChoice Group, the company behind pay-TV giant DStv, and a longtime Naspers director, owns 372,916 shares, representing a 0.227-percent stake in the tech and media group. Since the start of the year, his holdings have risen from R1.56 billion ($82.49 million) to R2.17 billion ($123.07 million), an increase of R611 million ($40.58 million).

Naspers market value tops $54 billion

Headquartered in Cape Town, Naspers operates across five continents, serving more than two billion people through businesses in e-commerce, online marketplaces, media, and venture capital. Its most valuable holding is its stake in Chinese giant Tencent, which has been a key driver of the group’s growth and a steady source of support for its share price over the years.

That strength has helped the company start 2025 on solid ground. With a market value of more than R963 billion ($54.5 billion), Naspers ranks among the JSE’s top performers this year. Its share price has risen 39.26 percent since Jan. 1, climbing from R4,173.22 ($221.91) to R5,811.65 ($330.02).

Cobus Stofberg’s $123 million Naspers stake

Cobus Stofberg has kept a low profile over the years, but his influence on Africa’s media and technology industries is undeniable. As one of the key figures behind MultiChoice’s growth and a long-serving member of the Naspers board, he played a central role in guiding the company’s shift from a South African print publisher to a global internet and technology group.

His stake in Naspers is now valued at more than $123 million, placing him among the wealthiest individual investors on the Johannesburg Stock Exchange (JSE), the result of decades of steady involvement and the company’s sustained expansion.