Nigeria’s richest banker Jim Ovia’s Zenith Bank shares surge by $25 million 8 days
This surge firmly cements Ovia’s status as Nigeria’s wealthiest banker.
Billionaires Africa
Nigerian billionaire Mike Adenuga’s Glo faces service disruption over unpaid interconnect charges
According to the notice, the NCC has granted partial approval for the disconnection of Glo from MTN Nigeria.
Top Black CEO Marvin Ellison loses $2.2 million from Lowe’s shares
Despite a $2.2-million reduction in Ellison’s Lowe’s stake, he retains his status as one of the world’s highest-ranking Black CEOs.
South African-born billionaire Patrick Soon-Shiong loses $520 million in first week of 2024
Soon-Shiong’s net worth plunged by $520 million in the first week of 2023 declining from $10.5 billion on Jan. 1 to $9.98 billion.
4 businesses owned by Martin Lawrence
Explore the multifaceted business empire of Lawrence, spanning film production, real estate, pioneering NFTs, and a creative journal.
5 companies owned by reclusive Zimbabwean tycoon Zinona Koudounaris
Unearth his vast portfolio, spanning from Simbisa Brands’ fast-food dominance to Padenga Holdings’ global presence in luxury fashion.
South African executive Peter Mountford pockets $1.2-million salary in 2023
Mountford’s compensation package demonstrates a remarkable increase from the previous year’s total of $0.96 million.
Nigerian gambling magnate Kessington Adebutu gains $7.2 million in first week of 2024
In the first week of 2024, Wema Bank shares on the NGX rose by 33 percent from N5.55 ($0.006) to N7.38 ($0.008).
7 companies owned by South African real estate tycoon Stephen Brookes
From affordable housing to energy solutions, delve into Brookes’ multi-millionaire league status and his commitment to community empowerment and philanthropy.
Namibian tycoon Koos Brandt made $20 million in 2023 from Capricorn shares
Brandt, who stepped down as chairman of Capricorn in 2017, owns an 18.5-percent stake in the Windhoek-based investment firm.
Burkina Faso’s richest man opens high-tech medical center in Ouagadougou
The facility aims to address the shortage of medical-technical facilities within Burkina Faso, evident during the challenges posed by the COVID-19 pandemic.
NBA sensation Victor Wembanyama on track to surpass $1 billion in career earnings
The current projections, based on the NBA’s contract limits, suggest that Wembanyama could accumulate over $1 billion by the age of 33.
Egyptian billionaire Yasseen Mansour made $200 million last year
The $200-million surge in Mansour’s fortune in 2023 is largely linked to his investment in the family-owned conglomerate Mansour Group.
Zimbabwean businessman John Moxon made nearly $100 million in 2023
Moxon, who played a pivotal role in transforming Meikles Limited into one of Zimbabwe’s leading conglomerates, owns a 10.8-percent stake in the group.
South African executive Peter Wharton-Hood pockets $1.1-million salary in 2023
Wharton-Hood, the group’s CEO since Sept. 2020, saw a notable 16.6-percent increase in his 2023 compensation package.
Egyptian footballer Mohamed Salah’s career earnings to top $120 million in 2024
Beyond his impressive salary, Salah has solidified his financial standing through lucrative endorsement deals with industry giants, including Adidas.