South African billionaire Michiel Le Roux’s Capitec targets SMEs with fintech push
Capitec Bank partners with fintech startup Stub to give small businesses real-time access to banking data and boost South Africa’s SME growth.
Michiel Le Roux
Capitec rally pushes Michiel Le Roux stake to $3 billion
South African billionaire Michiel Le Roux’s Capitec stake climbs to $3 billion amid rising shares and investor confidence.
South African billionaire Michiel Le Roux set for $20 million Capitec dividend
South African billionaire Michiel Le Roux set for $20.08 million payout as Capitec lifts dividend on strong earnings.
South African billionaire Michiel Le Roux’s Capitec reports $326 million half-year profit
Capitec Bank, founded by billionaire Michiel le Roux, posted $326.4 million profit in H1 2026, lifted by higher income and tight cost control.
South African billionaire Michiel Le Roux gains $87 million from Capitec stake
Capitec Bank co-founder Michiel Le Roux adds $87 million to his wealth after the bank’s stock surge boosts its market value past $24 billion.
Capitec billionaire Michiel le Roux fuels DA with $1.4 million donation
Capitec founder Michiel le Roux, South Africa’s fifth-richest man, donated R25M to the DA, cementing his role as the party’s biggest backer.
Michiel Le Roux now worth $2.6 billion as Capitec becomes Africa’s most valuable bank
Michiel Le Roux’s fortune has climbed to $2.6 billion as Capitec overtakes FirstRand to become Africa’s most valuable bank.
Capitec stock falls, South African billionaire Michiel Le Roux loses $70 million
Michiel Le Roux loses $70 million as Capitec Bank stock falls, but his $2.5 billion stake still signals long-term strength.
South African billionaire Michiel Le Roux’s Capitec stake rises to $2.6 billion
Michiel Le Roux’s Capitec stake climbs to $2.64 billion after a strong share rally, adding $105 million in two weeks.
South African billionaire Michiel le Roux's Capitec Bank stake nears $2.5 billion
Michiel le Roux’s Capitec stake nears $2.5 billion after a strong share price rally on the Johannesburg Stock Exchange.
Capitec to pay $47.6 million to three South African shareholders
Capitec to pay $47.6 million to three South African shareholders
Michiel le Roux’s Capitec Bank posts record $742.5 million profit
The performance underlines the leading retail bank’s ability to deliver in a challenging global economic environment.
Michiel Le Roux gains nearly $300 million from Capitec stake
This follows a recent rally in the share price of the retail banking giant on the Johannesburg Stock Exchange (JSE).
South African billionaire Michiel Le Roux gains $166.76 million as Capitec shares climb
This latest increase builds on an earlier gain of $185 million between Jan. 28 and Feb. 10, when his stake climbed from $2.08 billion to $2.27 billion.
7 banks backed by African billionaires
With deep pockets and a sharp eye for opportunity, billionaire-backed banks are making a mark in corporate finance, wealth management, and financial inclusion.
South African billionaire Michiel le Roux's Capitec Bank stake rebounds above $2.2 billion
Capitec Bank shares have edged up 1.07 percent since Jan. 1, despite an early dip in January.