Egyptian billionaire Ahmed Ezz gains $36 million from stake in steel company
Ezz, a leading Egyptian industrialist, owns a 60.7-percent stake in Ezz Steel, equating to 329,816,198 shares in the steel behemoth.
South African exec Charles Molapisi earns $1.4-million salary from MTN in 2022
Beyond his executive and governance roles, Molapisi also holds a minority stake in MTN, owning 0.0029 percent of the leading telecom company.
Nigerian tycoon Tony Elumelu’s UBA launches $6-billion initiative to support African SMEs
United Bank for Africa Plc, the pan-African financial services group led by Nigerian tycoon Tony Elumelu, has unveiled a $6-billion initiative.
Nigerian tycoon Atedo Peterside’s stake in Stanbic IBTC soars by $2.3 million
This recent surge in Peterside’s stake further solidifies his position as one of the richest bankers in the country.
South African exec Richard Wainwright earns $2.7-million salary at Investec in 2023
Wainwright’s dedication and strategic vision have undoubtedly contributed significantly to Investec’s continued success.
7 companies owned by Usher
Billionaires.Africa has tracked Usher Raymond IV’s business ventures, revealing his ownership in seven companies.
10 companies owned by world’s first Black billionaire, Robert L. Johnson
In 2001, Johnson made history by selling BET to Viacom for an astonishing $3 billion, making him the first Black billionaire.
South African billionaire Koos Bekker’s net worth slumps by $100 million
Despite these setbacks, Bekker remains one of the most affluent billionaires in Africa, boasting a net worth of $2.3 billion.
South African billionaire Adrian Gore-led group posts $280 million in profit in 2023
Discovery was founded in 1992 by Gore as a medical insurer.
Nigerian president awards highway project to billionaire linked to Sani Abacha
Chagoury’s success has not been without controversy.
7 African women who made a fortune in mining
Meet seven African women who have founded, co-founded, or invested in mining ventures within the continent and accumulated phenomenal wealth.
Kenyan tycoon Julius Mwale to build multimillion-dollar medical city in Ghana
This development was unveiled following a meeting between Mwale and Ghanaian President Nana Akufo-Addo.
6 companies owned by 50 Cent
50 Cent’s ventures range from the music industry to consumer electronics, fashion to spirits, and digital platforms to film-making.
5 companies linked to South African executive Josua Malherbe
Beyond his executive and governance roles, Malherbe also owns a total equity stake of 1,178,995 ordinary shares in Remgro.
South African tycoon Zunaid Moti counters investigation into Zimbabwean lithium mine, cites valuation up to $1.4 billion
Moti, one of South Africa’s most controversial businessmen, is the founder of the Moti Group.
Alicia Boler Davis: African-American engineer serving on JPMorgan’s board
Davis’ influence extends far beyond her corporate achievements; she is a tireless champion for women in the automotive industry.