Elon Musk says his lifetime tax bill could top $500 billion as wealth surges
Elon Musk says he may pay more than $500 billion in taxes over his lifetime, reviving debate over billionaire wealth and taxation.
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Madagascan billionaire Hassanein Hiridjee pushes into Nigeria's clean energy market
Hassanein Hiridjee’s AXIAN is expanding into Nigeria through WeLight, targeting hundreds of mini grids in a major clean energy push.
Billionaire Koos Bekker’s The Newt is reshaping life near Castle Cary in rural Somerset
Koos Bekker’s Somerset estate, The Newt, has turned nearby Castle Cary into a higher profile stop for tourism, rail travel and rural investment.
NBCUniversal sues Richelieu Dennis-linked Group Black for $35.8 million over unpaid Peacock ad revenue
NBCUniversal sued Group Black, co founded by Richelieu Dennis, alleging $35.8 million in unpaid Peacock advertising revenue and guaranteed payments from a partnership.
Vanity Fair revives scrutiny of billionaire Dan Gertler’s Congo mining deals as cobalt politics intensify
Vanity Fair’s new Dan Gertler feature revisits his Congo mining rise, sanctions history and role in the global scramble for cobalt.
San Diego FC's billionaire owner Mohamed Mansour says club is focused on long term growth as Year 2 begins
Mohamed Mansour says San Diego FC is entering Year 2 with bigger expectations and a long term plan on and off the field.
Tycoon Tony Elumelu’s Heirs Energies sits on $186 million Seplat paper gain in under two months
Heirs Energies is up about $186.6 million on paper on its Seplat stake, bought in December as Nigerian independents expand.
Nigerian-American billionaire Adebayo Ogunlesi bids for Eni stake in Nigeria’s Renaissance JV
Bayo Ogunlesi is bidding for Eni’s 5% Renaissance JV stake, as Nigerian investors push deeper into assets left by foreign majors.
Belgian-Congolese billionaire George Forrest bets $2.8bn on Kinsuka dam to light up Kinshasa
Groupe Forrest and Great Lake Energy are advancing a 900 MW Kinsuka hydropower project designed to cut blackouts in Kinshasa and supply mines.
Kenyan tycoon Francis Njogu's Gulf Energy secures $15 million drilling rig
Gulf Energy chairman Francis Njogu has secured a $15 million oil rig as the company prepares to begin drilling in Turkana.
British billionaire Richard Branson unveils Virgin Active’s $6.2 million “social wellness” club in Cape Town
Richard Branson opened Virgin Active’s new Green Point flagship, a R100 million plus rebuild that blends training, recovery, health support and social space.
Masiyiwa’s Econet delisting gets broker backing as ZSE valuation dispute deepens
Broker FBC Securities backs Econet’s undervaluation claim as Strive Masiyiwa’s telecom group plans a delisting and a $0.50 per share exit.
Swiss-Indian billionaire heiress Vasundhara Oswal sues Ugandan police for $1m after 2024 detention
Vasundhara Oswal, an investor in Uganda’s ethanol industry, is suing senior police officers for $1 million after a 2024 arrest she calls unlawful.
Inside Patrick Mavros: The African luxury house forged in silver and story
Alexander Mavros explains how a Zimbabwe born atelier turned wildlife and craft into Africa’s most distinctive luxury house.
Kenyan businessman SK Macharia back in court as judge demands clarity on who owns insurer Directline
S K Macharia appeared in court as the Directline shareholding dispute intensified, with a judge urging regulators to clarify ownership.
Mark and Brett Levy's Blu Label reports first half loss after Cell C spin off
Mark Levy Blu Label reported a first half loss after spinning off Cell C, though core operations remained profitable.