Nigerian billionaire Aliko Dangote's cement company hits $15 billion market value
Dangote Cement crossed ₦20 trillion in market value for the first time after a 10% jump, adding about $1.2 billion to Aliko Dangote's stake.
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South African billionaire Patrice Motsepe's Harmony Gold earns record $1.6 billion, eyes copper
Patrice Motsepe, chairman of Harmony Gold, says safety and copper growth are the miner's top priorities after a year of record profit and dividends.
Nigerian billionaire Abdul Samad Rabiu no longer needs central bank for dollars
Billionaire Abdul Samad Rabiu says he once visited Nigeria's central bank every two weeks for dollars. Now companies buy them from banks at market rates.
American billionaire Mark Zuckerberg's Meta plans $97.5 billion stock sale to fund AI
Meta, controlled by billionaire Mark Zuckerberg, priced $37.5 billion of new stock and plans up to $60 billion more for AI data centers.
American billionaire Elon Musk's Tesla sell ratings hit 11-year low on merger hopes
Analysts are turning less bearish on billionaire Elon Musk's Tesla as they bet on a SpaceX merger, with sell ratings at an 11-year low.
American billionaire Rick Caruso backs former rival Karen Bass for LA mayor
Billionaire developer Rick Caruso, who spent $104 million trying to beat Karen Bass in 2022, says he will vote to keep her as mayor.
American billionaire Taylor Swift becomes youngest member of Nashville Songwriters Hall of Fame
Taylor Swift, 36, a billionaire songwriter, became the youngest member of the Nashville Songwriters Hall of Fame on Monday, inducted by Brad Paisley.
South African billionaire Patrice Motsepe earned $1.7 million before stepping back at ARM
Patrice Motsepe was paid R28.5 million for his last seven and a half months as executive chairman of African Rainbow Minerals, its annual report shows.
French football star Kylian Mbappé loses three Chinese sponsors over Mao joke
Three Chinese brands have dropped Real Madrid striker Kylian Mbappé after a clip showed him laughing about a meme placing his face on Mao Zedong.
American billionaire rapper Jay-Z to headline 2027 Super Bowl halftime show
After seven years of picking other stars for the NFL's biggest stage, billionaire rapper Jay-Z will headline the Super Bowl halftime show himself in February.
American billionaire Sergey Brin's allies spend $1 million a day against wealth tax
Sergey Brin and fellow tech billionaires are spending more than $1 million a day to defeat California's billionaire tax, and polls show support slipping.
American billionaire Elon Musk says his fortune will mostly go to a foundation, leaving descendants “a tiny fraction”
Elon Musk told biographer Walter Isaacson his fortune will mostly go to a foundation and that taxes would leave descendants “a tiny fraction” of it.
American AI billionaire Dario Amodei and fellow Anthropic founders each worth $13 billion
Anthropic's IPO filing shows each of its seven co-founders, including CEO Dario Amodei, owns about 1.4% of the company, a stake worth over $13 billion.
Indian billionaire Mukesh Ambani's Jio shares fetch 22% premium before Wednesday's debut
Shares of Mukesh Ambani's Jio Platforms are quoted 22% above their IPO price in India's gray market, a day before the record listing.
South African billionaire Patrice Motsepe still faces $195 million Tanzania claim, Pula says
Pula Group says a Tanzanian court did not throw out its $195 million claim against Patrice Motsepe's companies, disputing African Rainbow Minerals' account.
Egyptian pharma tycoon Ahmed Abu Al-Naga sells half of ATCO for $50 million
Private equity firm RMBV is taking 50% of ATCO Pharma, the Egyptian drugmaker run by Ahmed Abu Al-Naga, in a $50 million deal.