7 companies owned by American multimillionaire Kneeland Youngblood
Physician turned private equity titan Kneeland Youngblood has quietly built a multimillion-dollar empire spanning healthcare, energy, gaming and digital infrastructure.
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7 companies owned by top private equity veteran Ray Whiteman
From heavy-duty gearboxes to risk analytics, Stellex Capital's Ray Whiteman has built a multimillion-dollar portfolio spanning manufacturing, services and fintech.
Nigerian billionaire Atiku Abubakar hires US lobbying firm for $1.2 million to counter Tinubu government narratives ahead of 2027 presidential race
Atiku Abubakar has hired Washington lobbying firm Von Batten-Montague-York for $1.2 million to counter Nigerian government narratives and build his US policy standing ahead of 2027.
Kenya's Court of Appeal frees billionaire John Kibunga Kimani from completing Sh205 million Makuyu land sale after overturning Environment and Land Court order
Kenya's Court of Appeal has overturned an order requiring billionaire John Kibunga Kimani's Rural Development Services to complete a Sh205 million land sale in Makuyu.
Billionaire Anas Sefrioui's Addoha posts 70% profit jump to 516 million dirhams as Morocco's largest property developer shifts to value-driven growth
Anas Sefrioui's Addoha posted a 70% net profit rise to 516 million dirhams ($55 million) in 2025, driven by tighter project selection and improved execution across Morocco and West Africa.
Folashade Afolabi, wife of Sifax boss, holds $24.7 million stake in SAHCO Plc
Folashade Afolabi holds a 17.86% stake in SAHCO worth N34.6 billion at current market prices as the company posts record profit of N11.73 billion.
Tycoon Ken Sharpe’s WestProp launches Chivhu Eco City, a 5,000-hectare development with 20,000 properties and Zimbabwe's first 30-year mortgage
WestProp Holdings has unveiled Chivhu Eco City, a 5,000-hectare project set to deliver 20,000 properties with Zimbabwe's first 30-year mortgage terms.
SAHCO profit surges 142% to N11.73 billion in 2025 as chairman Taiwo Afolabi's 60.72% stake hits $84 million
SAHCO posted N11.73 billion profit after tax in 2025, up 142%, as revenue rose 54% to N44.46 billion. Chairman Taiwo Afolabi's controlling stake is now worth N117.68 billion.
Here is everything you need to know about Nathan Kirsh, Africa's new 2nd richest man who built a $17 billion fortune by selling groceries to restaurant owners nobody else wanted to serve
Nathan Kirsh has become Africa's second richest person at $17.1 billion. Here is everything you need to know about the 94-year-old billionaire from Eswatini.
Meet Dr. Herriot Tabuteau, the Haitian immigrant who self-funded a $6 billion brain disorder company from a broom closet and quietly became a Black billionaire
Dr. Herriot Tabuteau came to America from Haiti at age nine and built a $6 billion brain disorder company that nobody believed in.
African Wealth Briefing — Sun., April 5, 2026
Obama adviser Robbie Robinson built a $900 million platform backing diverse founders after years advising America's richest families — we profile the six companies behind his MarcyPen empire.
6 companies backed by Nnamdi Okike, the Nigerian-American VC behind 645 Ventures
Harvard-educated Nigerian-American Nnamdi Okike built a $550 million software investment empire through 645 Ventures, one of the largest Black-led VC firms in the United States.
6 companies behind Obama adviser Robbie Robinson's $900 million MarcyPen empire
From Goldman Sachs to Obama's orbit, Robbie Robinson now leads a $900 million investment empire reshaping how diverse entrepreneurs get funded.
Standard Chartered says Kenya's wealthy investors are moving into ESG assets and offshore markets
Kenya's high-net-worth investors are moving away from residential property into ESG assets and offshore markets, according to Standard Chartered executives speaking in Nairobi.
African Wealth Briefing — Sat., April 4, 2026
SpaceX files for a $1.75 trillion IPO that could make Musk a trillionaire, Gumede faces a R390 million fraud claim amid his Tongaat bid, McKorley loses his Kotoka terminal in a midnight raid, and Rabiu slips to fourth richest in Africa after Kirsh's $29 billion Sysco deal.
Ghanaian mogul Ibrahim Mahama's jet departs for air ambulance conversion
Ibrahim Mahama's Bombardier 604 jet, known as the Dzata aircraft, departed Ghana on April 3 for conversion into a free emergency air ambulance for all Ghanaians.