South African furniture tycoon Eric Ellerine loses $1.2 million from stake in Sabvest Capital
Ellerine owns a 9.52-percent stake in Sabvest Capital, making him the second-largest shareholder in the investment holding company.
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Ellerine owns a 9.52-percent stake in Sabvest Capital, making him the second-largest shareholder in the investment holding company.
Seabrooke holds a significant 40.61-percent stake in the South African investment holding company.
As a director of firms like Brait and Transaction Capital Limited, Seabrooke leverages his expertise to navigate and drive growth for companies.
Ellerine remains one of the wealthiest investors on the Johannesburg Stock Exchange and a prominent businessman in the country.
Seabrooke holds a significant 40.61-percent stake in Sabvest Capital, making him one of the richest executives in the country.