South African businessman Adrian Gore gains $51.7 million in 10 days
Discovery was founded in 1992 by Gore and Barry Swartzberg.
African Billionaires
Strive Masiyiwa’s Liquid to spend $19.7 million to set up Dataport service in Africa
Liquid Intelligent Technologies is a subsidiary of Cassava Technologies, a pan-African technology firm founded by Strive Masiyiwa.
Nigerian mogul Pascal Dozie’s stake in MTN Nigeria now worth $148 million
Dozie still owns a 1.6-percent stake in the telecom service provider.
Court cancels corruption allegations against Nigerian billionaire Benedict Peters
Peters is the founder of Aiteo Group.
Nigerian banker Herbert Wigwe acquires additional stake worth $1.5 million in Access Holding
The deal has solidified his interest in the group.
South African pharma billionaire Stephen Saad’s Aspen closes $1.26-billion credit facility
Aspen Pharmacare Holdings Limited is a South African multinational pharmaceutical holding company.
Egyptian businessman Samih Sawiris on verge of losing ‘billionaire’ status
The Egyptian billionaire has seen a steady decline in his wealth since 2008.
American billionaire Jay-Z meets Jeff Bezos in LA amid plans to acquire NFL team
Bezos is the world’s fourth-richest billionaire, while Jay-Z is the world’s 2,085th richest man.
Fourteen of Africa’s 18 billionaires too poor to make Forbes 400 list
It now takes $6 billion to make the Forbes 400 richest list.
Nigerian telecom billionaire Mike Adenuga has now lost $1 billion since start of 2022
Adenuga is one of the world’s 500 wealthiest billionaires.
French businessmen Jeremy Hodara, Sacha Poignonnec step down as co-CEOs of Jumia
Jumia is Africa’s leading e-commerce platform.
Latest U.S. Black billionaire Sean ‘Diddy’ Combs splashes $185 million to acquire cannabis ventures
The African-American tycoon became a billionaire a day after Ye lost his billionaire status.
South African tycoon Laurie Dippenaar gains $48 million in 27 days from stake in FirstRand
Dippenaar holds a 1.76-percent stake in FirstRand.
Namibian tycoon Quinton van Rooyen’s Trustco gets suspended from JSE after court loss
Trustco takes pride in investing in high-quality world-class assets.
Australian billionaire Andrew Forrest’s firm signs deal to build 300-MW fertilizer plant in Kenya
Forrest has a net worth of $16.7 billion.
Ghana’s richest stock investor Daniel Ofori loses more than $11 million from stake in GCB Bank
Ofori owns 7.49 percent of GCB Bank.