7 companies linked to South African tycoon Christopher Seabrooke
As a director of firms like Brait and Transaction Capital Limited, Seabrooke leverages his expertise to navigate and drive growth for companies.
Billionaires Africa
South African tycoon Piet Mouton rakes in $84.1 million as Capitec Bank stake surpasses $640 million
Mouton presently owns 5.78 percent of Capitec Bank, or 6,685,622 shares.
Million-dollar estate owned by Kenyan tycoon David Langat pulled from auction at the last minute
Langat built his fortune through import and export ventures and diversified into agribusiness, real estate, energy, hospitality and insurance.
Kenya’s Merali family suffers $4.8 million loss in 18 days
Despite the recent downturn in Sasini’s share price, the Kenyan Merali family remains one of the wealthiest families in the country.
Africa’s powerhouse executive Tony Elumelu suffers $3.1-million loss in UBA stake
Despite this substantial loss, Elumelu maintains his position as one of the wealthiest investors on the local bourse and continues to be one of Nigeria’s richest businessmen.
Internet group partly owned by South African billionaire Koos Bekker to sell part of PayU for $610 million
Bekker’s 0.74-percent stake in Prosus is worth a staggering €1.013 billion ($1.11 billion) at the time of writing.
Kenyan firm tied to Chris Kirubi’s heirs rakes in $3.7 million from Eurobond trade
Centum Investment, controlled by the family of the late tycoon, diversified its investment portfolio by buying $11.5 million.
Billionaire Abdul Samad Rabiu’s food empire shines bright with $120 million profit in H1 2023
BUA Foods, which is majority owned by Rabiu, is the unified food business segment of BUA Group.
Meet 48-year-old South African executive who owns $12-million share in world’s largest mining company
Nagle’s journey from a young team member to the CEO of the world’s largest mining company inspires aspiring business leaders worldwide.
5 companies owned by South African-born billionaire Patrick Soon-Shiong
South African-born billionaire Soon-Shiong is a force to be reckoned with in the global healthcare arena.
South African tycoon Jens Montanana loses $10 million within 47 days on Datatec investment
Montanana founded Datatec in 1986 and owns an impressive 11.98-percent share in the South African tech company.
Egyptian businesswoman Hend El-Sherbini loses $26 million in month as IDH shares plunge
El-Sherbini owns a significant 26.71-percent stake in the company, or 160,250,305 ordinary shares.
Glencore-led by South African exec. Gary Nagle to acquire Argentinian copper project in $475 million deal
South African business executive Gary Nagle’s 0.016 percent stake in Glencore is worth R248 million ($13.9 million)
South Africa’s second-richest man Nicky Oppenheimer nears $10-billion net worth, surpasses $1.3-billion YTD gains
The driving force behind Oppenheimer’s wealth gains lies in his private equity investments.
Nigerian billionaire Mike Adenuga’s oil marketing firm nets $8.12-million profit in H1 2023
Adenuga maintains a majority stake of 74.4 percent, or 516,298,603 shares, in the oil marketing business.
Aliko Dangote’s sugar empire reports $36-million loss amid naira devaluation
Dangote Sugar has also announced plans for a proposed merger with Nascon Allied Industries Plc and Dangote Rice Limited.