Kenyan president taps steel tycoon Narendra Raval to lead national lottery taskforce
Raval was reported to have a net worth of $400 million in 2015.
African Billionaires
Egyptian tycoon Hisham Talaat Moustafa’s group reaches milestone, garnering $72 million in profit
Moustafa’s stake in TMG Holding is worth $286.2 million.
Africa’s richest man Aliko Dangote’s wealth grows by $541 million despite Nigeria’s cash woes
Dangote’s net worth now stands at $19.2 billion.
Ten Black businesspeople in the U.S. worth knowing aside Tyler Perry, Oprah, and Rihanna
Black-owned businesses continue to thrive and deliver value to customers.
South African billionaire Patrice Motsepe’s net worth slumps by $400 million
Motsepe owns 39.7 percent of ARM.
Egyptian billionaire Yasseen Mansour’s Palm Hills closes $20.9 Million bond offering
Mansour holds a significant 5.22-percent stake in Palm Hills Developments.
Nigerian billionaire Mike Adenuga’s firm ventures into cashew business, secures $65.3 million
Adenuga holds a 25.1-percent stake in Julius Berger through his company Goldstones Estates Limited.
Nigerian entrepreneur Dozy Mmobuosi sued for unpaid debts in U.S., UK
Mmobuosi is the founder of Tingo Inc.
Moroccan businesswoman Lamia Tazi gains $10.5 million in two weeks from Sothema shares
Tazi owns a significant 8.4-percent stake in Sothema.
South Africa’s richest man Johann Rupert has gained $1.69 billion so far this year
Rupert derives most of his wealth from his 9.14-percent stake in Richemont.
Tyler Perry steps up to save Atlanta residents from rising real estate taxes with $2.75-million donation
Perry earned $175 million last year.
Egyptian billionaire Nassef Sawiris splashes $5.8 million to acquire stakes in Portuguese football club
Sawiris is one of Europe’s wealthiest football club owners.
Kenyan tycoon Suresh Bhagwanji Shah gains $1.4 million in 46 days
Shah is the founder of I&M Holdings.
Meet the first Black billionaire who rebuilt his wealth after costly divorce settlement
As the first Black billionaire, Johnson continues to attract capital and create value for investors.
Billionaire businessman Michael Jordan donates $10 million to Make-A-Wish for 60th birthday
Jordan has been supporting Make-A-Wish since 1989.
Steven Bartlett, one of Europe’s most influential entrepreneurs, is investing $100 million in female-founded firms
In 2022, Bartlett made history as the youngest-ever Dragon on BBC’s hit show, “Dragon’s Den.”