South African tech tycoon Zak Calisto suffers $18.7-million loss
Calisto, who founded Karooooo in 2001 to provide stolen car recovery services in South Africa, holds a 74.73-percent stake in the company.
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Calisto, who founded Karooooo in 2001 to provide stolen car recovery services in South Africa, holds a 74.73-percent stake in the company.
As a result of the recent surge in the company’s shares, the value of Calisto’s stake in Karooooo has increased from $543.7 million to $584.6 million.
Under Calisto’s leadership, Karooooo Limited has become a leading provider of intelligent transportation management and analytics.
Calisto is the founder of Karooooo, a company that provides real-time mobility data analytics solutions for smart transportation.
Calisto’s stake in Karooooo has risen by an impressive $60.6 million, growing by 12.5 percent from $485.7 million to $546.3 million.
Under the leadership of Calisto, Karooooo remains one of Africa’s most profitable tech companies.
Calisto is one of Africa’s richest tech entrepreneurs.
Karooooo is a leading provider of smart transportation management and analytics.
Calisto founded Karooooo, a global mobility software as a service (SaaS) platform, in 2001.
Despite the recent drop in his wealth, Calisto remains one of South Africa’s wealthiest businessmen.
Karooooo is an SaaS platform that provides real-time data analytics solutions for smart transportation.