Kylian Mbappé's Growing Business Empire: Everything he's a Part Of
Kylian Mbappé owns a football club, a stake in a €5.5 billion insurer and holdings across sailing, fantasy football and media.
Dorcas Adeodun
News Reporter
Dorcas Adeodun is a journalist covering finance, public policy, and economic development. She has more than five years of reporting experience and has worked across business reporting and institutional analysis.
Billionaire Michael Jordan's lost Ferrari could fetch $1.3 million at auction
A 1997 Ferrari 550 Maranello owned by Michael Jordan and missing for two decades is heading to auction with an estimate of up to $1.3 million.
Nigerian-born billionaire Bassim Haidar has given Farage's Reform UK another £192,000
Bassim Haidar, born in Nigeria to Lebanese parents, gave Reform UK £192,000 between April and June, taking his disclosed total past £547,000.
Dangote refinery IPO priced at N525 a share, valuing it at $47 billion
Nigeria's SEC approved the Dangote refinery IPO at 525 naira a share. The 4.1 billion share offer opens Sept. 14 and could raise $1.55 billion.
Billionaire Michael Dell's fortune gains $107 billion in 2026 on AI server boom
Michael Dell has added $107 billion to his fortune this year, a gain second only to Elon Musk's, after Dell Technologies posted record quarterly results and its shares tripled on demand for AI servers. He now ranks fifth on the Bloomberg Billionaires Index.
Elon Musk's SpaceX regains $2 trillion valuation in tech rally
SpaceX closed 6.4% higher on Thursday, clearing $150 a share and restoring a $2 trillion market value for the first time since early July, as a broad technology rally and an Oppenheimer target increase lifted Elon Musk's rocket and satellite company.
Billionaire Idrissa Nassa's Coris Bank in Burkina Faso hits $1.85 billion market value
Coris Bank International Burkina Faso reached 1,040 billion CFA francs on Sept. 2, up 201% this year, after first-half profit rose 24%.
South African property tycoon Sharon Wapnick resigns from Nutun board after six years
Octodec chairman Sharon Wapnick resigns as a Nutun director and remuneration committee chair, effective Sept. 30, after six years on the board.
Capitec, founded by billionaire Michiel le Roux, lists on a second South African exchange next week
Capitec takes a secondary listing on A2X from Sept. 7, in the same week JPMorgan began trading on the alternative South African exchange.
Dangote Cement, Nestlé Nigeria and First HoldCo are joining the FTSE frontier index
FTSE Russell named 10 Nigerian stocks newly eligible for its frontier index series, including Dangote Cement, First HoldCo and MTN Nigeria.
Elon Musk tells G20 leaders AI will add $20 to $30 trillion a year to the global economy by the end of 2027
Elon Musk told G20 leaders meeting in North Carolina that artificial intelligence will add between $20 trillion and $30 trillion to the global economy every year, while Wall Street skeptics warn nobody has yet proven the returns justify the spending.
Lee Su-jin cleaned love hotel rooms at 23 and is worth $1.6 billion at 48
Lee Su-jin scrubbed motel rooms at 23. Today his travel platform Yanolja is worth $6.7 billion and he is worth $1.6 billion.
Eduardo Saverin was pushed out of Facebook and is now worth $32.4 billion
Bloomberg puts Eduardo Saverin at $32.4 billion, making him Brazil's wealthiest person and Singapore's richest resident, on a 2% stake in Meta.
Why billionaire-controlled BUA, UBA, and Seplat missed FTSE’s Nigeria re-entry
FTSE Russell restored Nigeria to its Frontier Market Index, but billionaire-led giants like BUA, UBA, and Seplat were left off the list.
French billionaire family is buying a $135 million Mayfair building with African oil money
The Perrodo family's BNF Capital has agreed terms to buy 27 Savile Row for about £100 million, moving money out of African oil into Mayfair property.
Bill Gates has 60% of his $33 billion foundation portfolio in three stocks and none of them are tech companies
Bill Gates, worth more than $100 billion despite decades of donations, has concentrated 60% of his Gates Foundation's $33 billion investment portfolio in three slow-growing value stocks, none of which are technology companies.