Nigerian billionaire Aliko Dangote courts Egyptian investors as Cairo bourse weighs listing
Africa's richest man pitched Egypt as a core market for his industrial empire as the Cairo bourse studies letting locals own his companies.
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How South African founder Hendrik du Toit built Ninety One, which manages $240 billion
Hendrik du Toit started with an empty desk and less than R200 million in 1991. The firm he built, Ninety One, now manages $240 billion.
VistaJet puts members on court with Ferrari's Charles Leclerc at US Grand Prix
VistaJet members will play pickleball with Ferrari's Charles Leclerc, then spend the US Grand Prix weekend inside Ferrari's Paddock Club in Austin.
Ugandan tycoon Ponsiano Ngabirano's Kampala Marriott valued at $167 million
Uganda's NSSF paid $50 million for 30% of the Kampala Marriott built by supermarket tycoon Ponsiano Ngabirano, valuing the hotel at about $167 million.
Russian billionaires Alisher Usmanov and Mikhail Fridman hit by Lithuania asset freeze
Lithuania has imposed national asset freezes on Russian billionaires Alisher Usmanov and Mikhail Fridman, three weeks after the European Union lifted its sanctions on them.
South African billionaire Piet Mouton rescues TV thriller after its funder pulled out
Piet Mouton, son of PSG founder Jannie Mouton, funded M-Net thriller Invisible after a backer failed to pay mid-shoot, and lent his house too.
Egyptian billionaire Yasseen Mansour lifts Palm Hills stake as his son takes shares
Egyptian billionaire Yasseen Mansour’s reported stake in Palm Hills Developments increased to 14.11%, while a shareholder disclosure listed his son with 3 million shares.
South Africa's wealthy Sacco family accuses billionaire Patrice Motsepe's ARM of power grab
Assore, the mining house controlled by South Africa's Sacco family, says Patrice Motsepe's ARM has taken powers it lacks at their shared mining venture.
U.S. billionaire Jay-Z in betting race with Miley Cyrus for Super Bowl halftime
Prediction market traders have made Jay-Z a front-runner to headline the Super Bowl halftime show he helps produce, though Miley Cyrus is now pulling ahead.
Reese Witherspoon buys back Hello Sunshine at a steep discount
Five years after selling her production company in a $900 million deal, Reese Witherspoon is buying it back with France's Mediawan for far less.
Zimbabwean billionaire Kudakwashe Tagwirei joins ruling party's top body days after cabinet post
Kudakwashe Tagwirei, the US-sanctioned tycoon seen as President Mnangagwa's preferred successor, has been given a seat in Zanu-PF's politburo, the party's top decision-making body.
Indian billionaire Sunil Mittal's Airtel Money shares fall 7.5% below IPO price in London trading
Airtel Money shares fell to 181.28 pence in early trading on October 14, below the £1.96 IPO price that valued Sunil Mittal's African payments business at $7 billion.
South African billionaire Johann Rupert's Richemont in talks to join De Beers bid
Swiss luxury group Richemont is discussing joining a consortium seeking to acquire De Beers, a move that could give Johann Rupert's company greater control over its diamond supply chain.
Australian billionaire James Packer's AI bet in doubt after $30 billion IPO flop
James Packer backed Firmus Technologies when the AI data centre company was valued at $5.5 billion. After its proposed A$44 billion stock market debut collapsed, the company is looking to private investors for its next phase of growth.
American billionaire Scott Shleifer gives $20 million to the University of Pennsylvania
Scott Shleifer, the billionaire who built Tiger Global's private equity arm, and his wife have pledged $20 million to Penn for student aid.
Indian billionaire Gautam Adani says clean energy must be affordable
Gautam Adani says decarbonisation cannot price out ordinary citizens after meeting Michael Bloomberg at the Bloomberg New Economy Forum in New Delhi.