South African billionaire Koos Bekker faces backlash over 2,700-acre estate in England
Villagers around Koos Bekker's Newt hotel in Somerset have started a petition over pesticides and blame the estate for floods and drying streams.
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Villagers around Koos Bekker's Newt hotel in Somerset have started a petition over pesticides and blame the estate for floods and drying streams.
Koos Bekker's family trust has sold Naspers and Prosus shares worth about $500 million in three rounds since 2023, earmarking the money for his hotels.
Koos Bekker, the billionaire who turned Naspers into a Tencent fortune, now owns more than 2,700 acres of Somerset farmland, pubs and shops.
Koos Bekker's fortune has dropped $800 million to $3.2 billion since January, as shares of Naspers and Prosus fell more than 35%.
Koos Bekker will retire as chair of Naspers and Prosus in the year to March 2028, ending three decades at the company he built around Tencent.
Johann Rupert and Koos Bekker struck a secret deal with Cyril Ramaphosa in the early 1990s, giving trade unions a 5% stake in Vodacom and MTN to prevent the ANC from canceling the networks' operating licenses after apartheid ended.
The Newt, owned by South African billionaire Koos Bekker, has opened a 16-bedroom private estate in Somerset costing from $14,100 a night.
South African billionaire Koos Bekker has spent $334m buying up a Somerset town's businesses and properties, triggering a boycott campaign against his empire.
Koos Bekker's luxury Somerset eco-resort charges up to £1,000 a night and markets itself on its gardens and nature ethos. Critics say it is using weedkiller on its grounds.
Koos Bekker's Prosus sold a 5 percent Delivery Hero stake to Hong Kong's Aspex for €335 million in its second EU-mandated divestment.
Steve Pacak, the former M-Net finance boss who served Naspers and Prosus for nearly four decades, has died at 71 after a battle with cancer.
Naspers unit Prosus has agreed to sell a 4.5% stake in Delivery Hero to Uber for about $290 million, cutting its holding to comply with European Union regulatory conditions.
Koos Bekker's Naspers has declared its transformation into a global AI operator complete, with the Toqan platform rolling out to 5 million Prosus partners.
South African billionaire Koos Bekker sold $334 million in Naspers and Prosus shares to build historic farming estates across four countries, and now his Somerset hotel is launching a nine-day garden festival to rival Chelsea.
South African tech billionaire Koos Bekker is proposing a large succulent dome at his New Jersey estate, and the neighborhood is not staying quiet.
Karen Roos is turning Babylonstoren, the Cape Dutch farm estate she bought with billionaire Koos Bekker, into a top South African luxury e-commerce brand.