South African tycoon Stephen Saad's Aspen to double factory profit to $100 million
Aspen Pharmacare, the drugmaker led by South African tycoon Stephen Saad, expects earnings from its factories to more than double this financial year.
Nigerian billionaire Aliko Dangote hires Spanish firm for $4 billion Ethiopia fertiliser plant
Técnicas Reunidas will supply two hydrogen reformers for the Ethiopian fertiliser plant of Nigerian billionaire Aliko Dangote, a project now costed at over $4 billion.
American billionaire Mark Zuckerberg faces shareholder lawsuit over Meta’s proposed stock restructuring
Mark Zuckerberg and Meta directors face a Delaware lawsuit challenging a share restructuring that could let the billionaire sell billions of dollars in stock while retaining control.
South Korean billionaire Lee Jae-yong marks four years as Samsung CEO with $81bn profit
South Korean billionaire Lee Jae-yong marked four years as Samsung chairman by touring its robotics unit, days before results showing an $81 billion quarterly profit.
American timeshare tycoon Stephen Cloobeck's mansion raided by FBI in Swalwell probe
FBI agents searched the Beverly Hills home of Diamond Resorts founder Stephen Cloobeck, a former backer of Eric Swalwell, in an investigation into the ex-congressman.
American LinkedIn billionaire Reid Hoffman gives $8.5 million to group airing Epstein ads
LinkedIn co-founder Reid Hoffman gave $8.5 million to House Majority PAC, the Democratic super PAC now attacking Republicans in ads built on the Epstein files.
Billionaire Aliko Dangote's Kenya pipeline stake hits $436 million as Ruto slams critics
Kenya's President William Ruto called critics of Aliko Dangote's Kenya Pipeline deal extortionists, as the shares rallied again and lifted the stake to $436 million.
Kenyan billionaire John Kibunga Kimani wins Supreme Court ruling in Sh205 million land dispute
Kenyan billionaire John Kibunga Kimani has secured another legal victory after Kenya’s Supreme Court struck out an appeal over a Sh205.3 million land sale, leaving an earlier ruling in his company’s favour intact.
Nigerian billionaire Aliko Dangote's cement company hits $15 billion market value
Dangote Cement crossed ₦20 trillion in market value for the first time after a 10% jump, adding about $1.2 billion to Aliko Dangote's stake.
South African billionaire Patrice Motsepe's Harmony Gold earns record $1.6 billion, eyes copper
Patrice Motsepe, chairman of Harmony Gold, says safety and copper growth are the miner's top priorities after a year of record profit and dividends.
South African billionaire Patrice Motsepe earned $1.7 million before stepping back at ARM
Patrice Motsepe was paid R28.5 million for his last seven and a half months as executive chairman of African Rainbow Minerals, its annual report shows.
American billionaire rapper Jay-Z to headline 2027 Super Bowl halftime show
After seven years of picking other stars for the NFL's biggest stage, billionaire rapper Jay-Z will headline the Super Bowl halftime show himself in February.
American billionaire Sergey Brin's allies spend $1 million a day against wealth tax
Sergey Brin and fellow tech billionaires are spending more than $1 million a day to defeat California's billionaire tax, and polls show support slipping.
American billionaire Eric Schmidt's daughter to close $60 million tech news site
Rest of World, the global tech news site founded by Eric Schmidt's daughter Sophie, will stop publishing as a standalone outlet in January.
Kenyan healthcare tycoon Jayesh Saini cleared to take control of Africa Business Corporation
Jayesh Saini, the Kenyan businessman behind Lifecare Hospitals and Bliss Healthcare, has won approval to take sole control of Africa Business Corporation and Development.
Egyptian billionaire Hassan Allam’s group expands EastHills with $500 million construction contract
Egyptian billionaire Hassan Allam’s group has awarded its construction arm an additional $500 million in works for Phase II of Grova EastHills, taking the project’s combined construction contracts above $1 billion.