South African tycoon Barry Swartzberg’s Discovery stake rises above $320 million
South African billionaire Barry Swartzberg’s Discovery stake rises above $320 million as shares recover on the JSE.
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South African billionaire Barry Swartzberg’s Discovery stake rises above $320 million as shares recover on the JSE.
Discovery co-founder Adrian Gore sees $21 million erased from his stake as JSE market pressures mount.
The surge cements Swartzberg’s position as one of South Africa’s richest investors and a key player on the JSE.
Gore, one of South Africa’s most successful businessmen, owns 48,342,931 shares of Discovery.
Discovery Bank grew its client base by 36 percent, despite a 41-percent drop in profit.
This recent slump compounds a previous loss of $7.91 million recorded between April 30 and May 16.
Despite the setback, Gore remains a prominent figure on the JSE and retains his position as one of South Africa’s wealthiest individuals and leading business executives.
Swartzberg remains a prominent figure among South Africa’s businessmen, retaining his position as one of the most affluent investors on the JSE.
Swartzberg owns a 3.92-percent stake in Discovery Limited — this stake amounts to a total of 25,778,420 ordinary shares in the leading financial services group.
Swartzberg owns a 3.92-percent stake in Sandton-based financial services group, Discovery Limited.
Despite these setbacks, Bekker remains one of the most affluent billionaires in Africa, boasting a net worth of $2.3 billion.
Swartzberg owns a 3.92-percent stake in the Sandton-based financial services group.
Swartzberg’s stake in Discovery has increased from $205.01 million on July 5 to $215.05 million.
The recent surge in Gore’s wealth can be attributed to the renewed interest from investors on the Johannesburg Stock Exchange.
Swartzberg owns a 3.92-percent stake in the company, solidifying his position among South Africa’s most influential executives.
Gore, the founder of Discovery, is recognized as one of South Africa’s richest investors and businessmen.