Swazi billionaire Natie Kirsh gains $170 million in 19 days
Natie Kirsh’s fortune experienced a surge of $170 million in just 19 days, rising from $6.99 billion on October 21 to $7.16 billion on November 9.
African Billionaires
Nigerian elders urge restraint in Dangote-Rabiu business conflict for stability
Dangote and Rabiu are leaders of Africa’s industrial and manufacturing revolution through their conglomerates Dangote Group and BUA Group.
Egyptian tycoon Safwan Thabet’s Juhayna posts $28 million in profit in 9M 2023
Juhayna Food Industries is a prominent Egyptian dairy, juice, and cooking product manufacturer led by Safwan Thabet.
5 richest retail tycoons in South Africa
The transformation of South Africa’s retail landscape owes its momentum to billionaire proprietors and executives who have ascended to unprecedented heights.
Patrice Motsepe retains top spot as South Africa’s wealthiest investor on JSE
The recent list highlights that Motsepe’s equity portfolio on the JSE is presently estimated at $1.58 billion.
Namibian tycoon Quinton van Rooyen loses nearly $10 million in just nine days
Quinton van Rooyen, who owns a 63.94 percent stake in Trustco Group, is regarded as one of Namibia’s wealthiest individuals.
Nigerian billionaire Femi Otedola makes $8.6 million from First Bank investment
Otedola’s recent gains in FBN Holdings and Geregu Power further solidify his status as one of Africa’s wealthiest individuals.
Led by pan-African billionaire Benedict Peters, Aiteo launches new premium crude oil grade to global market
The new premium crude oil grade was unveiled at the ongoing Argus European Crude Conference.
Egyptian businessman Medhat Khalil’s Raya Holding to secure $35.5-million loan
Raya Holding is in the final stages of securing a substantial loan valued at EGP1.1 billion ($35.5 million).
30 richest South Africans on the JSE
Africa’s first Black billionaire, Patrice Motsepe, retains top spot as the richest investor on the Johannesburg Stock Exchange
Black executive Christopher Womack receives $5.7-million compensation in 2022
Christopher Womack, CEO of Southern Company, is part of elite Black executives shaping America’s corporate landscape
4 luxurious mansions owned by Michael Jordan
Michael Jordan’s property portfolio serves as both a symbol of his incredible success and a testament to his discerning taste and penchant for the extraordinary.
Tony Elumelu’s UBA promises backing for Nigerian and African small business owners
Elumelu, who owns a 7.39-percent stake in UBA, is not only one of the wealthiest investors on the Nigerian Exchange but also one of Nigeria’s most affluent individuals.
South African billionaire Adrian Gore calls for private sector role in NHI for better healthcare
In a forthright address delivered during PSG Wealth’s Think Big webinar, Adrian Gore, the founder and CEO of Discovery Limited, emphasized the…
7 richest people on the Uganda Securities Exchange
Here are the seven individuals who currently hold the most valuable portfolios on the Uganda Securities Exchange:
Dangote to receive $2.07-million interim dividend from salt-processing business
Aliko Dangote’s stake in Nascon Allied Plc, worth $118 million, significantly contributes to his estimated net worth of $15.9 billion.