South African-born tycoon Barry Stuhler makes $12.6 million from Lighthouse
Stuhler owns a 9.72-percent stake in Lighthouse Properties, which amounts to 172,699,222 ordinary shares in the company.
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Egyptian billionaire dives into Caribbean real estate, acquires 20 acres in Barbuda
Egypt’s second-richest man Naguib Sawiris seeks to solidify his presence further in the Caribbean.
Algerian-born French entrepreneur Sue Nabi earns $149 million from Coty in 2023
Nabi’s extraordinary leadership not only secured her a substantial $149.43-million compensation but also solidified Coty’s standing as a global powerhouse in fragrance.
Tunisian tycoon Habib Essayeh gains $2.6 million as Euro-Cycles shares soar
Essayeh, Euro-Cycles’ CEO, owns a significant 33.6-percent stake in the Tunis-based automotive company.
Femi Otedola’s power company aims for $39.56 million in revenue in Q1 2024
Geregu Power aims to double revenue in the first quarter of 2024 despite operating challenges.
5 businesses owned by Kerry Washington
Washington is the founder of Simpson street, a movie production company, and owns investments in The Wing, Byte and Community.
Tiger Woods’ $200-million contract with Nike may soon come to an end. What’s next for the golf legend?
Woods, one of the most iconic and successful golfers of all time, may be ending his long-standing partnership with Nike, the global sports apparel giant. What are the possible options for the 15-time major champion?
8 companies owned by Black executive Donald Thompson
Thompson’s wealth story mirrors his influential career trajectory and unwavering commitment to fostering innovation and growth in the food and beverage sector.
5 companies owned by America’s first Black female billionaire Sheila Johnson
Billionaires.Africa reveals Johnson’s diverse business portfolio, featuring five ventures, including BET, which she and her ex-husband sold in 2001.
Refinery owned by Africa’s richest man to generate $27-billion annual revenue
The complex will initially focus on producing diesel, aviation fuel, and gas, with petrol production planned for a later stage.
South African tycoon Jonathan Jawno rakes in $5 million from stake in Transactional Capital
Jawno, a founding member of Transaction Capital, owns a 9.59-percent stake in the group.
Top Black energy executive earns $1.37 million from Dominion in 2022
Senior VP and chief legal officer at Dominion Energy, Brown, received $1.37 million for his instrumental role in the company’s financial success.
Billionaire athlete LeBron James triumphs as first in-season tournament MVP
LeBron leads Lakers to victory with 24 points, 11 rebounds in NBA Cup final, completing their flawless in-season tournament run.
Nigerian billionaire Femi Otedola congratulates Africa’s richest man Aliko Dangote on refinery launch
Otedola congratulated Dangote on the launch of the Dangote Oil Refinery, a $20-billion project.
Moroccan business magnate Anas Sefrioui loses $41.2 million from ADH stake
Sefrioui, the visionary founder of the Casablanca-based real estate group who ranks as one of Morocco’s most affluent individuals, owns a 64.1-percent stake in ADH.
Top Black executive Cornelius Boone earns $5.3-million salary from eBay
Boone’s role in steering eBay to financial success, coupled with his groundbreaking leadership, is reflected in his base salary, short-term incentive, and long-term incentive.