Skip to content
The two newly issued bonds, detailed in filings with the JSE on May 14, have nominal values of R576 million ($31.33 million) and R924 million ($50.26 million).
Despite the recent decline, Gore remains a top figure on the JSE.
The group’s interim results for the first half of the 2024 fiscal year showcase a headline earnings figure amounting to $172.4 million.
As one of South Africa’s wealthiest individuals, Gore amasses most of his $500 million fortune through his 7.48-percent stake in Discovery.
Discovery, led by Gore, plans to collaborate with power developers to establish wind and solar plants based on the aggregated demand.
Discovery was founded in 1992 by Gore and Barry Swartzberg.