South African tycoon Adrian Gore's Discovery Bank chief earns $3.1 million, beating him
Discovery Bank chief Hylton Kallner earned R51.3 million last year, outpacing group founder Adrian Gore for a fourth straight year despite a 16% pay cut.
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Discovery Bank chief Hylton Kallner earned R51.3 million last year, outpacing group founder Adrian Gore for a fourth straight year despite a 16% pay cut.
Oracle co-founder Larry Ellison put up Tesla, SpaceX and Skydance shares as loan collateral this year to help bankroll his son David's Warner Bros. takeover.
Discovery founder Adrian Gore says the slow early growth of Discovery Bank gave him the only sleepless, cold-sweat night of his career.
Nine Discovery executives, including founder Adrian Gore, sold R117.9 million ($7.1 million) of shares after long-term incentive awards vested in September.
Gerrit Ferreira and two partners were refused a banking licence in 1977. Eight years later they took control of Johann Rupert's Rand Merchant Bank.
The same business-government partnership that ended South Africa's load shedding is being called up again, this time to rescue a collapsing Johannesburg.
Discovery CEO Adrian Gore says South Africa's NHI cannot work in its current form, lacks the doctors and resources to function, and needs a decade to mature.
Adrian Gore's Discovery posted a 24% rise in normalised operating profit to R8.9 billion, with Discovery Bank crossing into profitability for the first time.
Adrian Gore says South Africa is finally seeing green shoots, but warns careless policy moves and weak execution could waste a rare reform window.
Neville Koopowitz, head of Discovery Group’s U.K. unit, earned almost $5 million in the last financial year, topping the pay of founder and CEO Adrian Gore.
South African businessman Barry Swartzberg’s stake in JSE-listed Discovery has dropped by $40.1 million, falling from R5.5 billion ($283.8 million) to R4.72 billion ($243.7 million).
This uptick follows a period of steady gains for Gore, with his Discovery stake growing by $22 million between May 15 and 29.