Nigerian aviation tycoon Aderemi Makanjuola’s Caverton posts $10 million nine-month loss
Caverton Offshore Support Group, controlled by Nigerian tycoon Aderemi Makanjuola, nearly tripled its nine-month loss to ₦13.7 billion as finance costs mounted.
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Egyptian billionaire Ahmed Elsewedy's Elsewedy Electric moves into elevators
Elsewedy Electric, the industrial group run by Egyptian tycoon Ahmed Elsewedy, has launched an elevator brand and wants 1 billion pounds in sales in 2027.
Namibian oil tycoon Knowledge Katti's Sintana Energy stake falls by $3.2 million
Namibian oil tycoon Knowledge Katti's stake in Sintana Energy has lost about $3.2 million in a year after the explorer's shares fell 37%.
American billionaire Rupert Murdoch beats Trump's $10 billion Epstein letter lawsuit
A federal judge in Miami dismissed Donald Trump's defamation lawsuit against Rupert Murdoch and the Wall Street Journal with prejudice, ending the Epstein letter case.
The 10 richest billionaires in Africa in November 2026
Aliko Dangote's fortune has jumped to $55.4 billion, lifting the combined wealth of Africa's 10 richest people to $142.5 billion in November 2026.
Billionaire Magic Johnson-backed insurer lent $2.3 billion tied to Dodgers owner
Amistad Financial Group, in which Magic Johnson holds a minority stake, lent about $2.3 billion tied to Dodgers owner Mark Walter. Johnson is not accused.
Egyptian billionaire Nassef Sawiris wins apology from TV pundit Jamie Carragher
TV pundit Jamie Carragher apologized to Aston Villa, its owners and fans less than 24 hours after Egyptian billionaire Nassef Sawiris threatened legal action.
Sudanese billionaire Mo Ibrahim says governance fell in 23 African countries
Sudanese-British billionaire Mo Ibrahim says Africa is living through an era of strongmen as his 2026 index shows governance worsening in 23 countries.
South Africa's wealthy donors gave R5.8 billion ($349 million) to charity in 2025
Affluent South Africans gave about R5.8 billion in cash and goods and 3.1 million volunteer hours in 2025, with women and Black donors leading.
How South African tycoon Martin Venter turned a rundown farm into the $900 million Val de Vie Estate
Former lawyer Martin Venter bought a run-down Cape wine farm for about R20 million and turned it into Val de Vie, a R15 billion estate.
South African billionaires Rupert, Oppenheimer, Le Roux line up heirs to $30 billion
The sons of South African billionaires Johann Rupert, Nicky Oppenheimer and Michiel le Roux stand to inherit fortunes worth a combined $30 billion.
Nigerian insurance tycoon Wole Oshin's Custodian posts $42 million nine-month profit
Custodian Investment, the Nigerian insurance group run by tycoon Wole Oshin, lifted nine-month profit 26% to ₦57.6 billion as interest income more than tripled.
Spanish billionaire Sandra Ortega's $280 million Portugal resort opens in May 2027
Na Praia, the beach resort backed by Zara heiress Sandra Ortega on Portugal's Tróia peninsula, opens on May 1, 2027, with suites from €1,323.
American reality star Kylie Jenner pulls $38.5 million Los Angeles mansion off market
Kylie Jenner has pulled her Holmby Hills mansion off the market again after cutting the price by $9.5 million, a month after selling another home.
American billionaire Gwynne Shotwell gives 2 million SpaceX shares to children
SpaceX president Gwynne Shotwell and her husband are giving more than 2 million SpaceX shares to children from lower-income areas through Trump Accounts in December.
American billionaire investor Nelson Peltz offers $1.4 billion to buy Wendy's
Nelson Peltz's Trian, which owns 16.3% of Wendy's, has offered $7.35 a share in cash to take the struggling burger chain private.