Kenya’s wealthy Merali family suffers $3.2-million loss from Sasini Tea stake
The Merali family has seen the market value of their shares in Sasini drop by Ksh462.95 million ($3.15 million) in the past 21 days.
Billionaires Africa
Meet the Swiss billionaire private jet heiress who built a sanctuary in Mozambique
Princess Nina of Greece and Denmark, the daughter of Swiss billionaire private aviation entrepreneur Thomas Flohr, is the owner of Kisawa.
5 companies founded by South African billionaire Mark Shuttleworth
South African billionaire and space tourist Mark Shuttleworth has built businesses in Internet security, hospitality and financial services.
South African exec Charl Keyter earns $4.6-million salary from Sibanye
Keyter, a highly respected executive within the mining industry, has played a pivotal financial role in the transformation of Sibanye.
7 companies owned by Master P
Master P is one of the most successful African-American rappers and entrepreneurs of all time.
7 companies owned by South African businessman Adrian Gore
As one of South Africa’s wealthiest individuals, Gore amasses most of his $500 million fortune through his 7.48-percent stake in Discovery.
South African furniture tycoon Eric Ellerine loses $1.2 million from stake in Sabvest Capital
Ellerine owns a 9.52-percent stake in Sabvest Capital, making him the second-largest shareholder in the investment holding company.
7 companies owned by Rihanna
Billionaires.Africa has identified and cataloged several companies and holdings owned by Rihanna.
South African executive Gus Attridge loses $27.3 million in 43 days
Attridge, Aspen’s group chief advisor, owns a 4.26-percent stake in the pharmaceutical company.
South African tycoon Ivan Saltzman draws $1.1-million salary from Dis-Chem in 2023
Saltzman and his wife own a 35.12-percent stake in Dis-Chem Pharmacies, a Gauteng-based retail pharmacy chain.
7 Black British entrepreneurs you should know
In recent years, Black British entrepreneurs have forged a path of innovation and resilience in the business world.
U.S.-Nigerian telecom tycoon Sam Darwish loses $32 million in 3 weeks
Despite the sustained decline in the market value of his stake, Darwish remains one of the top players in the global telecom industry.
Hotel building owned by Nigerian oil magnate Gabriel Ogbechie collapses
The hotel, valued at several millions of dollars, is located directly across from Delta Mall Asaba.
5 businesses owned by Steve Harvey
Through his VC firm, Harvey Ventures, Harvey has invested in over a dozen companies, including Coinbase, Stripe, and Airbnb.
Coco Gauff surpasses $11.1 million in career earnings five years after turning pro
Gauff, who made her professional debut at the tender age of 15, has set records and rewritten the narrative of success in the sport.
South African billionaire Patrice Motsepe’s ARC Investments increases portfolio value
Motsepe, South Africa’s richest black person, owns a 27-percent stake in African Rainbow Capital Investments.