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Johann Rupert's Richemont posted record sales of €22.4 billion in fiscal 2026 but analysts warn China's ongoing luxury slowdown remains the group's most significant structural vulnerability.
Congolese businessman Willy Etoka has married Claudia Sassou Nguesso, daughter of Republic of Congo President Denis Sassou Nguesso, in a ceremony held in Brazzaville.
Femi Otedola tightens his grip on FirstHoldCo to 20.42%. The first cracks appear in the Musk trillionaire story as SpaceX slides.
Cameroonian billionaire Paul Kammogne Fokam's Afriland First Holding has launched Africa Diamond Invest, a new securities firm targeting West African financial markets from a Lomé base.
Ladi Jadesimi's 5.27 percent stake in Aradel Holdings will earn him N7.5 billion in total dividends for 2025 after the company posted record profits.
Aradel Holdings has posted N757.3 billion profit after tax for FY 2025, up 192%, as landmark acquisitions fundamentally reset the scale of Nigeria's leading indigenous energy group.
Zimbabwean businessman Wicknell Chivayo has been granted Eswatini citizenship and a diplomatic passport by King Mswati III following a private audience at the Royal Palace.
Jean Kacou Diagou's NSIA Banque Côte d'Ivoire has signed a €30 million facility with British International Investment to expand SME lending across the country.
South Africa's Absa Group has launched a $238.6 million tender offer to raise its stake in Absa Bank Kenya from 68.5 percent to 85 percent.
Lupita Nyong'o won an Academy Award in her first major film and parlayed it into a beauty, book and blockbuster empire worth millions.
Deshaun Watson signed the largest guaranteed contract in NFL history at $230 million, played 19 games across four years, and left the Cleveland Browns with a debt they cannot escape.
Shonda Rhimes generated $2 billion for ABC, signed a $300 million Netflix deal and built a $240 million fortune. She had to fight ABC for a fair salary through all of it.
Morocco’s billionaire prime minister is fighting bills to cap fuel prices in a market his own company dominates — reviving the oldest question about him.
East Africa’s only billionaire built a roughly $2.1 billion fortune buying what others had given up on — and fixing it. Inside the METL playbook, the man, and the ordeal that tested both.
Nigeria’s most private billionaire built a fortune of roughly $6.5 billion on telecoms and oil — and tells almost no one how. A full read of an empire that hides in plain sight.