Kanye West’s net worth surges back to $400 million
Despite recent setbacks, West remains one of the world’s richest Black individuals.
African-American billionaire David Steward takes a hit: Net worth drops $570 million since mid-February
Since Feb. 16, Steward’s net worth has declined by $570 million, from $6.17 billion to $5.6 billion.
Nigerian billionaire Femi Otedola now one of Transcorp’s top shareholders
Otedola now holds a 5.52-percent stake in Transcorp, making him one of the conglomerate’s top shareholders.
Pair of Michael Jordan’s sneakers sells for $2.2 million, becoming most expensive ever
This unique pair of sneakers holds significant historical value.
South African tycoon Noluthando Gosa suffers $6.3-million loss from stake in steelmaker
Gosa holds a 6.15-percent stake in Gauteng-based steelmaker, ArcelorMittal South Africa.
Meet Sudanese-British billionaire Mo Ibrahim, with a $1.2-billion fortune
In 2005, the billionaire sold Celtel to Kuwait’s Mobile Telecommunications Co. for $3.4 billion.
Nigerian entrepreneur Damilola Olokesusi leads ride-sharing platform to raise $4 million
Since its inception in 2016, Shuttlers has raised a total of $5.6 million from institutional investors.
Nigerian multimillionaire MMA fighter Israel Adesanya packs $2-million payout
Adesanya will earn $2 million, which includes a $1-million guaranteed payout and additional sponsorships and pay-per-view earnings.
Led by Kenya’s richest families, NCBA pours $26 million into regional units
NCBA Group is partially owned by some of Kenya’s richest families.
Billionaire Johann Rupert gains $1.81 billion, net worth nears $13 billion
Rupert is the richest man in South Africa,
$100,000 investment in Femi Otedola’s firm 6 months ago is now worth $320,000
In the past six months, the market cap of Otedola’s Geregu Power has risen by $1.21 billion to $1.75 billion.
10 African U.S. dollar billionaires who Forbes missed
Meet 10 African billionaires who did not feature in Forbes’ annual ranking of the world’s richest people.
Strive Masiyiwa, Zimbabwe’s wealthiest man, bounces back with $800-million net worth increase
Masiyiwa derives a portion of his fortune from his stake in Econet Zimbabwe.
Meet the world’s 19 Black billionaires in 2023
While some Black billionaires have not fared well since the start of the year, others have built on their fortunes.
Ugandan tycoon Patrick Bitature’s Simba Telecom ventures into East Africa’s booming solar energy market
Simba Telecom is a leading telecommunications enterprise.
Tunisian businessman Habib Essayeh suffers $5.9-million setback due to decline in Euro-Cycles shares
Essayeh owns a significant 33.6-percent stake in Euro-Cycles S.A.