South African billionaire Christo Wiese’s stake in Shoprite slumps by $50 million
Wiese owns an 11.5-percent stake in the leading supermarket chain, which translates to a total of 68,083,200 ordinary shares in the group.
South Africa
South African tycoon Jonathan Jawno’s Transaction Capital eyes $65 million in WeBuyCars unbundling
As a founding member of Transaction Capital, Jawno holds a 9.59-percent stake in the group, making him the second-largest shareholder.
South African executive Simon Crutchley pockets $2.8-million salary in 2023
In addition to his executive roles, Crutchley holds a 0.25-percent stake in AVI Limited.
South African executive Jannie Durand pockets $2.1-million salary from Remgro
Durand’s compensation comprises a base salary of R12.8 million ($0.67 million) and a short-term incentive of R0.44 million ($0.023 million).
South African tycoon Zak Calisto’s Karooooo unveils $25.7-million stock buyback plan
The repurchase program is seen as a strategic move to boost shareholder returns while ensuring financial flexibility.
South African tycoon Laurie Dippenaar loses $25.6 million from FirstRand stake
Dippenaar holds a 1.76-percent stake in FirstRand, which translates to 98,726,988 shares in the group.
South African executive Niall Lynch earns $1-million salary in 2023
Lynch’s 2023 compensation package reflects a 53.69-percent increase compared to the previous year’s total reward of R11.81 million ($0.62 million).
South Africa’s Ackerman family gains $29 million in 27 days from Pick‘n Pay shares
The Ackerman family, known for their wealth and diverse investments, currently holds a significant 25.53-percent stake in Pick ‘n Pay, equivalent to 124,677,238 shares.
South African billionaire Ivan Glasenberg loses $490 million in 6 days
Ranked 318th among the world’s wealthiest, Glasenberg has slipped from 302nd since Feb. 3.
South African executive Ian David Vorster pockets $1-million salary in 2023
Vorster’s 2023 compensation comprises a base salary of R4.20 million ($0.22 million) and a performance-based short-term incentive of R4.50 million ($0.24 million).
Companies owned by South African-British billionaire Clive Calder
With a net worth of $6.98 billion, Calder stands among Africa’s influential figures, residing in the Cayman Islands.
South African executive Vuyo Kahla earns $1.5-million salary in 2023
Kahla’s 2023 compensation comprised a base salary of R7.76 million ($0.41 million), a performance-based short-term incentive of R4.24 million ($0.22 million).
South African executive Ockert Janse van Rensburg pockets $2.3-million salary
This reflects a significant 60.95-percent increase from the previous year’s $1.43 million, emphasizing van Rensburg’s crucial role in driving Motus’ financial success.
South African-British billionaire Clive Calder gains $150 million in 2024
The recent $150-million surge in Calder’s fortune builds on his success in 2023 when his wealth climbed from $5.6 billion to $6.83 billion.
South African-born tycoon Barry Stuhler gains $6.1 million from Lighthouse stake
The recent $6.12-million gain cements Stuhler’s position not only as a high-value investor on the JSE but as one of the richest individuals in the country.
Companies owned by London-based South African billionaire Manfred Gorvy
Billionaires.Africa highlights companies linked to Gorvy, showcasing his diverse and impactful business portfolio.