Black executive Frank Clyburn earns $19.2-million salary from IFF in 2022
The compensation package highlights Frank Clyburn’s impressive stewardship of IFF and the tangible results achieved under his guidance.
African billionaire
5 companies linked to South African businessman Sello Moloko
Billionaires.Africa has identified and cataloged various companies linked to South African businessman Sello Moloko.
7 companies owned by Egypt’s second-richest man Naguib Sawiris
With a current net worth of $5.45 billion, Sawiris stands as a prominent figure in the Arab world and ranks among the top 500 wealthiest individuals globally.
GTCO, led by Nigerian banker Segun Agbaje, posts $370-million half-year profit
Agbaje’s leadership has been pivotal to GTCO’s remarkable success as he continues to guide the group to new heights.
Nigerian billionaire Aliko Dangote is back on top as Africa’s richest man
Dangote’s return to the top of the continent’s richest list follows a surge in his net worth, as reported by Forbes.
Wealth decline continues for Africa’s first Black billionaire Patrice Motsepe, as he loses another $100 million
The decline in Motsepe’s wealth can be attributed to the sustained drop in the share price of African Rainbow Minerals.
South Africa’s richest man Johann Rupert’s net worth declines by $800 million in 11 days
Rupert has seen his net worth slide by $800 million amid Richemont’s share slump.
Nigerian billionaire Abdul Samad Rabiu rockets to prominence on Bloomberg’s billionaires’ list
Rabiu joins Bloomberg’s billionaires’ list, showcasing Africa’s rising business leaders.
Tanzanian billionaire Rostam Aziz to build $140-million solar project in Zanzibar
Aziz, one of Tanzania’s wealthiest men, has tentacles in telecoms, aviation, mining, real estate, and port management.
Tennis legend and investor Serena Williams joins Consello as senior advisor
Williams is the third retired star athlete to join the Consello Group, following the steps of former NFL star Tom Brady and Pau Gasol.
South African billionaire Johann Rupert insists Richemont is not for sale
Richemont recently published its latest full-year financial report, which shows a 21-percent growth in jewelry sales.
Egyptian billionaire Mohamed Mansour set to buy Major League Soccer team for $500 million
Mansour oversees Mansour Group, a family conglomerate, and has a net worth of $3.6 billion.
Nigerian banker Aigboje Aig-Imoukhuede to donate $5 million to healthcare initiatives
Aig-Imoukhuede is the former CEO of Access Bank.
South Africa’s richest man Johann Rupert rakes in $286 million in just 24 hours
Rupert’s net worth rose by $286 million in a day due to Richemont’s share surge.
Transcorp’s market cap up by $55 million following Femi Otedola’s acquisition
The company’s market capitalization has surged by $42 million since the news of the acquisition broke on April 12.
Femi Otedola regains spot on Africa’s richest list as stake in Geregu Power nears $2 billion
Otedola joins a select group of African billionaires whose holdings in publicly traded companies exceed $1.5 billion.