George Foreman’s elite cars are heading to auction
Boxing legend George Foreman is auctioning over 50 luxury cars, including Ferraris and Porsches, on Hagerty Marketplace.
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Tunisian tycoon Moncef Mzabi gains $3 million from ARTES stake
Mzabi owns 24.8 percent of Automobile Reseau Tunisien et Services (ARTES), which translates into 9,370,387 ordinary shares.
Kenyan banker Gideon Muriuki gains $1 million in 12 days
Muriuki, who sits at the helm of Co-op Bank and ranks as one of Kenya’s leading investors, holds a significant stake of two percent in the leading financial services group.
Egypt’s second-richest man Naguib Sawiris’ net worth surpasses $6 billion
With a net worth which amounts to $6.06 billion, Sawiris now ranks as the world’s 416th richest man.
5 known charitable donations of the silent Nigerian oil mogul and billionaire Mike Adenuga
Adenuga’s resilience led to vast philanthropy, impacting the lives of underprivileged Nigerians.
A billionaire’s mission: 7 ways Africa’s first Black billionaire is giving away half his wealth
Patrice Motsepe’s road to wealth began in the mining industry. He is the founder and executive chairman of African Rainbow Minerals, a…
5 key philanthropic contributions by Nigerian billionaire Folorunsho Alakija
One of Nigeria’s richest woman, Folorunsho Alakija, has made investments in many different economic areas. She is not just a billionaire entrepreneur…
Africa’s first Black billionaire-linked telecom firm to state case in Vodacom-BVI merger
Rain Limited is a South African mobile communications company partly owned by Paul Harris, Michael Jordaan, and Patrice Motsepe
South African tycoon Kennedy Bungane-led African Bank nears 4-million-customer mark
Bungane underscores the audacity necessary to transition African Bank from a mono-line credit lender to a comprehensive retail and business bank.
The Saltzmans, one of South Africa’s richest families, make $103 million in 27 days
The Saltzman family, who own 35.12 percent of Dis-Chem, played a key role in steering its growth into one of South Africa’s largest retail pharmacy chains.
Morocco’s second-richest man Othman Benjelloun loses $59 million from BOA stake
According to recent stock market data, Benjelloun owns a significant 27.41-percent stake in the Bank of Africa.
Egyptian billionaire Youssef Mansour gains $200 million in 3 days
The recent uptick in Youssef Mansour’s fortune can be attributed to the robust performance of his diversified portfolio of investments.
Billionaire Theophilus Danjuma donates $1.36-million to Nigerian university
The $1.36-million donation, through the T.Y. Danjuma Foundation, is the largest donation by an individual for the construction of a student hostel in Nigeria.
NCBFG’s remarkable recovery: Lee-Chin leads financial giant to dividend triumph post-pandemic
NCB Financial Group Limited (NCBFG), the largest financial institution in Jamaica and the Caribbean, has announced that it will pay a dividend…
Nigerian businessman Tony Elumelu and wife acquire 23 million new shares in UBA
The move by Elumelu and his wife is viewed as a vote of confidence in UBA’s financial performance.
How Michael Jordan’s iconic sneaker brand wins sneaker of the year title
The Jordan brand dominates the sneaker industry with groundbreaking designs and partnerships.