Botswana property tycoon Gulaam Abdoola's Turnstar Holdings stake is worth $10.2 million
Gulaam Abdoola ran Botswana's Turnstar for 25 years and built its biggest malls. His family group's stake in the property firm is worth $10.2 million.
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Laurene Powell Jobs, Emerson Collective founder and widow of Steve Jobs, paid $250 million for Skydance shares that have since lost 43% of their value.
American billionaire Michael Dell passes Mark Zuckerberg as fifth-richest with $241 billion
Dell Technologies founder Michael Dell moved back ahead of Meta's Mark Zuckerberg as the world's fifth-richest person after a rebound in technology shares.
American billionaire Jeff Bezos' Earth Fund joins $500 million endangered species pledge
The Bezos Earth Fund, the climate and nature charity of Amazon founder Jeff Bezos, joined eight funders pledging $500 million to save endangered species.
American billionaire Warren Buffett's Berkshire Hathaway puts $595 million into homebuilder Lennar
Berkshire Hathaway, the conglomerate built by Warren Buffett, spent about $595 million on Lennar shares in a two-week buying run, lifting its stake to 12%.
South African billionaire Zak Calisto’s Karooooo posts record $26 million quarterly operating profit
Karooooo, the vehicle-tracking company controlled by billionaire Zak Calisto, posted a record quarterly operating profit as Cartrack subscribers rose to 2.9 million.
Canadian garbage billionaire Patrick Dovigi’s GFL nears $30 billion sale
Groups led by KKR, Blackstone and Brookfield are bidding to take Patrick Dovigi's GFL Environmental private, in a deal worth over $30 billion with debt.
Africa's richest man says his $100 billion 2030 revenue target is too modest
Africa's richest man told Nigerian actors and creators at his refinery that a new, larger growth target for his group will be unveiled in January.
South African financier Magda Wierzycka may leave the investment firm she founded
Sygnia founder Magda Wierzycka says she may reconsider her future at the firm if shareholders vote down an expanded share option scheme.
Japanese billionaire Masayoshi Son eyes $30 billion Allied Universal takeover for AI robots
Masayoshi Son’s SoftBank is considering an acquisition of Allied Universal that could be valued at nearly $30 billion, including debt, as the Japanese billionaire expands his AI and robotics ambitions.
Egyptian construction tycoon Hassan Allam's company wins $200 million Saudi AI contract
The Allam family's construction group will build the first phase of a Riyadh AI data centre, as Saudi Arabia's Humain tenders a larger project.
Nigerian pharma mogul Stella Okoli steps back from running her drug company
Stella Okoli has handed day-to-day control of Emzor to senior executive Uzoma Ezeoke and urged Nigeria to back local drugmakers.
American billionaire Elon Musk pledges $10.5 billion in SpaceX shares to US children
Elon Musk says he will give one of his SpaceX shares to every US child next year, worth about $10.5 billion in total.
Nigerian entrepreneur Nonso Okpala's stake in VFD Group climbs to $14.6 million
Nonso Okpala helped start VFD Group from a Lagos parking space. His family office's stake in the listed investment firm is now worth $14.6 million.
South African tycoon Ipeleng Mkhari's Gautrain consortium secures $540 million from Standard Bank
Standard Bank has underwritten R9 billion of debt for the consortium, backed by Ipeleng Mkhari’s Motseng, that now runs and will upgrade the Gautrain.
Nigerian insurance tycoon Akin Ogunbiyi’s stake in Mutual Benefits is worth $33 million
Akin Ogunbiyi started Mutual Benefits Assurance in 1995 with borrowed money. Three decades later, his stake in the listed insurer is worth $33 million.