10 companies owned by South African multimillionaire Robert Gumede
Robert Gumede built one of Africa's biggest black-owned IT company from scratch. Here is every business the South African tycoon owns in 2026.
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Jamaican-Canadian billionaire Michael Lee-Chin just told a room of students exactly how he built his fortune
Billionaire Michael Lee-Chin visited Portmore Community College and laid out his exact wealth creation principles to students.
Saudi-Ethiopian Mohammed Al-Amoudi is worth $9 billion on Bloomberg but missing from the Forbes 2026 billionaires list and here is why
Mohammed Al-Amoudi is worth $9.12 billion on Bloomberg but does not appear on the Forbes 2026 billionaires list. Here is why.
The Lundin family's $12.9 million bet on an Ivory Coast gold mine is now worth $739 million
The Lundin family invested $12.9 million in Montage Gold in 2024. Two years later, their stake is worth nearly $739 million.
How Lazarus Zim clawed his way from Fort Hare to the top of South Africa's mining industry
From Fort Hare student to Anglo American CEO, Lazarus Zim built one of South Africa's most consequential black-owned business empires.
Johann Rupert's Remgro sells R4.88 billion worth of FirstRand shares in six-year exit from South Africa's biggest bank
Johann Rupert's Remgro has sold nearly 52 million FirstRand shares for R4.88 billion, extending a six-year disposal process that began in 2020.
Anthony Joshua relocates to Dubai as his £150 million business empire files formal change of residence
Anthony Joshua has formally relocated to Dubai, filing a change of residence across his £150 million business empire despite ongoing Iranian drone strikes on the UAE.
Mary-Ann Musangi’s HACO Industries wins circular economy leader at Kenya ESG Awards
HACO Industries Kenya has been named a Circular Economy Leader at the Kenya ESG Awards, recognising the manufacturer's push to embed sustainability across its operations.
Markus Jooste's Hermanus mansion sells for $6.4m in one of South Africa's biggest coastal property deals
The Voëlklip estate in Hermanus, once tied to disgraced Steinhoff CEO Markus Jooste, has sold for a record $6.4 million
Michael Jordan's net worth hits $4.3 billion in 2026
Forbes' latest rankings confirm Michael Jordan's net worth climbed to $4.3 billion in 2026, making him the richest retired athlete on the planet by a wide margin.
South African billionaire Zak Calisto gets regulatory green light to take joint control of King Price Insurance
South Africa's Competition Commission has backed Zak Calisto's bid to take joint control of King Price Insurance without conditions.
Israeli billionaire Dan Gertler pays $30 million to settle Congo bribery probe
Dan Gertler's former holding company has paid $30 million to settle a Dutch bribery probe over Congo mining deals dating back to 2010.
IFC plans $40 million bet on Egyptian billionaire Naguib Sawiris’ Nile Sugar desert project
The IFC is considering a $40 million loan to Nile Sugar Company, owned by Naguib Sawiris, to expand sugar beet farming in Upper Egypt.
Tanzanian billionaire Rostam Aziz acquires Kenya's Nation Media Group from Aga Khan
Tanzanian billionaire Rostam Azizi has bought the Aga Khan Fund's controlling stake in Nation Media Group, ending a 66-year era.
Every Black billionaire in the world in 2026, from Aliko Dangote to Beyonce and Dr. Dre
Forbes 2026 has confirmed Beyonce and Dr. Dre as new billionaires. Here is every black billionaire alive today, ranked.
Dr. Dre is officially a billionaire, 12 years after he said Forbes needed to update their list
Dr. Dre has finally made the Forbes billionaires list, more than a decade after declaring himself hip-hop's first billionaire.