Nigerian banking titan Herbert Wigwe’s Access Bank stake surpasses $100 million
Over the past 15 days, Wigwe’s 8.95-percent stake in Access Holdings has witnessed a remarkable boost, rising by $23.2 million.
South African tycoon Zak Calisto to receive $17.3-million in dividends from Karooooo
Calisto is the founder of Karooooo, a company that provides real-time mobility data analytics solutions for smart transportation.
Meet Janice Bryant Howroyd, the first Black woman to own a billion-dollar company
Howroyd has amassed a net worth of $600 million, making her the fourth-richest Black woman in America.
Nigeria’s richest banker Jim Ovia rakes in $30 million in just one day
Ovia rakes in $30 million in just one day as Zenith’s market cap surges past $1.85 billion.
Tyler Perry seals blockbuster deal to acquire $3-billion BET business
With a net worth of $1 billion, Perry emerged as the frontrunner in a competitive bidding war for the coveted cable network.
Hitesh Anadkat, one of Malawi’s richest men, amasses $91.8 million in 2023 from FMB Capital stake
Since the start of this year, Anadkat has amassed over $90 million through his shares in FMB Capital.
Meet Sudanese-American entrepreneur, Iman Abuzeid: Fourth Black woman to build a billion-dollar company
Abuzeid’s interest in Incredible Health has propelled her net worth to $350 million, making her one of America’s richest Black women.
Africa’s fourth-richest man Abdul Samad Rabiu’s net worth skyrockets by $1.6 billion
Rabiu’s net worth skyrockets by $1.6 billion, securing his position among Africa’s wealthiest people.
Eight Black executives leading America’s top 500 companies in 2023
The newfound representation of Black CEOs is a testament to the progress made in creating a more inclusive business landscape.
South African billionaire Michiel Le Roux faces $251-million loss as Capitec Bank shares decline
Despite the decline in the market value of his stake in the bank, Le Roux remains one of the wealthiest businessmen in South Africa.
South African-born billionaire Patrick Soon-Shiong’s net worth surpasses $9 billion
Soon-Shiong’s present net worth is still lower than the $9.93 billion that he held on May 8.
Hip-hop’s first billionaire Jay-Z scores legal win, pocketing $7.2 million
The legal saga began in 2016 when Parlux, renowned for its ties with pop culture icons and fashion houses, filed a lawsuit against Jay-Z.
CEO of MTN, Africa’s largest telecom group, rakes in $1.1-million salary in 2022
Ralph Mupita’s annual remuneration dropped significantly to $1.13 million in 2022, compared to the $1.4 million he received in 2021.
Aisha Bowe, first Black woman to embark on commercial space flight, secures $1-billion contract
Bowe made history in 2022 as the first Black woman confirmed to fly with Jeff Bezos’ Blue Origin commercial spacecraft company.
CEO of Africa’s largest bank Alan Pullinger nets $1.6-million gain in nine days
Pullinger holds a 0.1-percent stake in FirstRand.
Kenyan tycoon Baloobhai Patel transfers $1.62-million stake in Sanlam Kenya to Aksaya
This comes shortly after Patel transferred his 4.12-percent stake in Bamburi Cement to Aksaya, his private investment office.