South Africa’s second-richest man gains $750 million in November
With his fortune pegged at $9.33 billion, Oppenheimer now ranks as the world’s 241st richest individual.
Billionaires Africa
Tyler Perry’s famous ‘Diary of a Mad Black Woman’ mansion sold at auction
Perry’s Atlanta estate from famed film auctioned to new owner.
Egyptian billionaire Ahmed Ezz rakes in $57.5 million in November
Egyptian billionaire Ahmed Ezz’s stake in Ezz Steel surpasses $830-million mark.
South African banker Anel Bosman earns $1.7-million salary from Nedbank in 2022
Bosman, a veteran in the banking industry, boasts decades of experience in South Africa’s financial services sector.
Egypt’s Khamis family rakes in $21.3 million from Oriental Weavers’s stake
Khamis family’s wealth surge as joint shares in Oriental Weavers increase by $21.3 million in just 69 days, driven by a double-digit jump in stock price.
Nigerian tycoon Atedo Peterside loses $1.6 million from Stanbic IBTC stake
Peterside is a key figure in the Nigerian banking industry.
South African mogul Neal Froneman-led mining group launches $500-million bond to fuel growth
Froneman — a driving force behind Sibanye-Stillwater’s transformation — holds a 0.3-percent stake in the precious metal mining group.
Kenyan tycoon James Mwangi-led lender reports nine-month profit exceeding $230 million
Under the leadership of Mwangi, Equity Group has solidified its position as a dominant force in East and Central Africa.
Tunisian tycoon Moncef Mzabi gains $3 million from ARTES stake
Mzabi owns 24.8 percent of Automobile Reseau Tunisien et Services (ARTES), which translates into 9,370,387 ordinary shares.
Kenyan banker Gideon Muriuki gains $1 million in 12 days
Muriuki, who sits at the helm of Co-op Bank and ranks as one of Kenya’s leading investors, holds a significant stake of two percent in the leading financial services group.
Egypt’s second-richest man Naguib Sawiris’ net worth surpasses $6 billion
With a net worth which amounts to $6.06 billion, Sawiris now ranks as the world’s 416th richest man.
5 known charitable donations of the silent Nigerian oil mogul and billionaire Mike Adenuga
Adenuga’s resilience led to vast philanthropy, impacting the lives of underprivileged Nigerians.
5 key philanthropic contributions by Nigerian billionaire Folorunsho Alakija
One of Nigeria’s richest woman, Folorunsho Alakija, has made investments in many different economic areas. She is not just a billionaire entrepreneur…
Africa’s first Black billionaire-linked telecom firm to state case in Vodacom-BVI merger
Rain Limited is a South African mobile communications company partly owned by Paul Harris, Michael Jordaan, and Patrice Motsepe
South African tycoon Kennedy Bungane-led African Bank nears 4-million-customer mark
Bungane underscores the audacity necessary to transition African Bank from a mono-line credit lender to a comprehensive retail and business bank.
The Saltzmans, one of South Africa’s richest families, make $103 million in 27 days
The Saltzman family, who own 35.12 percent of Dis-Chem, played a key role in steering its growth into one of South Africa’s largest retail pharmacy chains.