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
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.
South African executive Steven Brown pockets $1.3 million from Fortress in 2023
In recognition of Brown’s unwavering dedication and expertise, he also received a long-term incentive award of R1.01 million ($0.053 million).
South African executive Kerry Cassel earns $1.6-million salary in 2023
Cassel joined Motus in 2002 after serving as an audit manager at Deloitte & Touche.
South African tycoon Christopher Seabrooke’s Sabvest stake slumps by $7.2 million
Seabrooke, a leading business executive who has played a vital role in Sabvest Capital’s growth, holds a significant 40.61-percent stake in the company.
South African executive Jan Hofmeyr pockets $1 million from OUTsurance in 2023
Serving as the group’s CFO since 2008, Hofmeyr experienced a notable 62.19-percent increase in remuneration compared to the previous year’s R11.09 million ($0.59 million).
South African executive Seelan Gobalsamy pockets $4.9-million salary in 2023
In 2023, Gobalsamy’s compensation experienced a significant increase of 179.4 percent compared to the previous year, when it stood at $1.8 million.
Led by Zimbabwean exec Ralph Mupita, MTN secures $200 million from Mastercard
This investment commitment to fostering technological and infrastructural development across Africa.