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.
Michiel Le Roux
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.
South African billionaire Michiel Le Roux faces $164.5 million loss from Capitec share drop
This decline has reduced the market value of his stake to $2.05 billion as the bank contends with broader market challenges.
South African Reserve Bank sanctions Michiel Le Roux's Capitec Bank
Despite the sanctions, Capitec maintained cooperation in its remedial measures to address compliance weaknesses and enhance its AML framework.