South African tycoon Gus Attridge rakes in $19 million from Aspen shares
The upswing comes on the heels of a setback that led to Attridge recording a loss of $11.96 million between Oct. 2 and Oct. 26.
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Sean ‘Diddy’ Combs steps down as Revolt chairman amid sexual abuse allegations
The legal actions against Combs include a federal lawsuit filed by Cassie — whose real name is Casandra Ventura — seeking $30 million in damages.
Kobe Bryant’s path to a billion-dollar fortune cut short by tragic passing
At the time of his untimely passing, Bryant’s net worth was estimated at $600 million.
Ethiopia’s richest man Mohammed Al-Amoudi gains $170 million in 15 days
The primary driver behind this surge is attributed to the robust performance of his diverse industrial assets across Sweden, Saudi Arabia, and Ethiopia.
Egypt’s billionaire El-Sewedy family loses $132 million in 36 days
Ahmed El-Sewedy and his siblings, Sadek and Mohammed, hold a controlling and beneficial stake of 68.1 percent in Elsewedy Electric.
Abbey Wemimo’s meteoric rise: From Lagos slums to a billion-dollar fintech business
Nigerian immigrant Abbey Wemimo creates U.S. fintech unicorn against odds.
Black executive Craig Arnold earns $14.1-million salary from Eaton
Arnold saw his compensation from the power management company decline by 37.7 percent from his previous year’s pay of $19.37 million.
Black executive Lloyd Yates earns $7.1-million salary from NiSource in 2022
Lloyd Yates also received a long-term incentive award amounting to $4.67 million from the Indiana-based utility company.
5 richest bankers on the Malawi Stock Exchange
These trailblazers lead key banking institutions including FMB Capital Holdings, FDH Bank Plc, NICO Holdings, and the National Bank of Malawi.
Top Black CEO Marvin Ellison gains $3.4 million from Lowe’s shares
The $3.4-million surge in Ellison’s stake in Lowe’s further cements his status as one of the world’s highest-ranking Black CEOs.
7 companies owned by Ghana’s richest investor Daniel Ofori
Ofori is also the founder of Advance Ventures Limited, a top player in structural design and real estate.
5 companies linked to South Africa’s first Black mining tycoon Bridgette Radebe
Beyond her leadership at Mmakau Mining, an avant-garde African mining group, Radebe has played a pivotal role in propelling the growth of various companies.
NFL star DeSean Jackson bids farewell after 15 seasons and $91.6 million in earnings
Over his 15-season career, Jackson made three Pro Bowl appearances during his time with the Eagles from 2008 to 2013.
Egyptian tycoon Medhat Khalil’s Raya Holdings stake surges by $19 million
Khalil owns a majority stake of 58.1 percent in Raya Holding — a total of 1,245,661,205 shares.
Magnate Theophilus Danjuma’s million-dollar medical center opens in southeastern Nigeria
The project, conceived in March 2022, was unveiled by the 84-year-old businessman, politician, and retired army general.
Byron Allen’s business brilliance: The anatomy of an $800-million media empire
Allen’s media dominance built on varied, successful company foundations.