Netflix grants billionaire Strive Masiyiwa 654 stock options at $95.55 as Netflix trades near $980
Netflix has granted board director Strive Masiyiwa 654 non-qualified stock options at an exercise price of $95.55 per share, expiring April 2036.
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SpaceX files for a June IPO targeting a $1.75 trillion valuation that would push Elon Musk toward trillionaire status
SpaceX has confidentially filed for an IPO targeting a $1.75 trillion valuation and a raise of up to $75 billion, which would be the largest public offering in history and push Elon Musk toward trillionaire status.
Michael Jordan earned $275 million from Jordan Brand alone in 2025 and now leads all athletes in inflation-adjusted career earnings at $4.5 billion
Michael Jordan earned $275 million from Jordan Brand alone in 2025, more than the highest-paid active athletes earned in total, lifting his inflation-adjusted career earnings to a record $4.5 billion.
GB Agboola's Flutterwave secures Nigerian microfinance banking licence after 10 years as a payments company
Flutterwave has secured a Nigerian microfinance banking licence from the Central Bank of Nigeria, allowing it to hold deposits, offer accounts and lend directly for the first time in its 10-year history.
South African tycoon Robert Gumede faces R390 Million Covid-19 PPE fraud claim amid Tongaat Hulett bid
South African billionaire Robert Gumede is pursuing a takeover of Tongaat Hulett through Vision Sugar while facing a R390 million Special Tribunal claim that he masterminded a Covid-19 PPE price-gouging scandal involving SAPS.
African Wealth Briefing — Fri., April 3, 2026
Chivayo sued for $25 million and three Rolls-Royces, McKorley loses his Kotoka FBO licence in a 1am raid, 117 CSOs challenge Jimoh Ibrahim's UN posting, and Adebutu's Wema Bank stake hits N314.6 billion.
Wicknell Chivayo's estranged wife demands $25 million, $40,000 a month and three Rolls-Royces in Zimbabwe High Court divorce battle
Sonja Madzikanda is suing Wicknell Chivayo for a $25 million lump sum, $40,000 monthly maintenance and three Rolls-Royces in a High Court battle over their 2017 customary marriage.
How Ghanaian tycoon Daniel McKorley's McDan Aviation lost its Kotoka Airport terminal in a midnight raid over debt
Ghana Airports terminated Daniel McKorley's McDan Aviation FBO licence at Kotoka over unpaid fees and sent officials in at 1am despite a court injunction, sparking a major legal and political dispute.
Nigerian gambling magnate Kessington Adebutu to pocket N14.8 billion in Wema Bank dividends
Premier Lotto founder Kessington Adebutu will collect N14.84 billion in gross dividends from Wema Bank after the lender posted record profit before tax of N222 billion in 2025.
Nigerian tycoon Kessington Adebutu's Wema Bank stake is now worth N314.6 billion
Kessington Adebutu's 11.87 billion Wema Bank shares are now worth N314.63 billion, equivalent to $224.74 million, as the lender's share price rises to N26.50.
CSOs petition Nigerian President Tinubu over businessman Jimoh Ibrahim's UN posting
A 117-group civil society coalition has petitioned President Tinubu and the UN Secretary-General to review Jimoh Ibrahim's appointment as Nigeria's UN permanent representative.
7 businesses owned by Serena Williams, tennis icon turned VC
Serena Williams controls seven major businesses spanning venture capital, sports ownership, fashion and wellness. Here is what she owns beyond tennis.
7 software companies owned by Black billionaire Robert F. Smith
Billionaire Robert F. Smith controls a tech empire through Vista Equity Partners. Here are seven major companies currently under his vast influence.
7 companies and ventures led by Jewel Burks Solomon
Jewel Burks Solomon has built an influential business legacy through startup exits and venture capital. Here are seven entities she leads.
9 companies owned by Ethiopian billionaire Belayneh Kindie
Ethiopian billionaire Belayneh Kindie controls a sprawling empire of companies across agriculture, manufacturing, transport and hospitality.
How Don Cornwell built Dynasty Equity with Liverpool FC, TMRW Sports, and a seat at the NFL table
K. Don Cornwell turned three decades of sports banking into a global investment empire through Dynasty Equity and a growing portfolio of sports assets.