Skip to content
Shoprite, boasting more than 2,900 stores across Africa, is partly owned by South African billionaire Christo Wiese, who holds an 11.63-percent stake in the retailer.
Ranked as Africa’s second-richest man and South Africa’s wealthiest individual, Rupert maintains significant control over Remgro Limited.
The recent downturn has also impacted Steward’s year-to-date wealth gains, which have now decreased to $667 million, according to data retrieved from the Bloomberg Billionaires Index.
The $28.8-million interim dividend will be deposited into Patrice Motsepe’s bank account on Mon., April 8, 2024.
Despite recording substantial year-to-date losses totaling $687 million, Glasenberg’s recent ascent in wealth has been notable.
The recent surge in the lender’s share price comes on the heels of its recent acquisition of a majority stake in Cyprus-based digital non-bank consumer lender, Avafin
Capitec Bank, founded two decades ago by Michiel Le Roux, Jannie Mouton, and Riaan Stassen, has evolved into a globally renowned banking brand.
The recent funding from Standard Bank is a significant milestone toward achieving this goal and transforming auto financing for traditionally underserved demographics.
With his current fortune of $10.5 billion, Oppenheimer claims the 229th spot on the global list of the wealthiest individuals.
The $600-million recent surge in his fortune is linked to the performance of Rupert’s 9.14-percent stake in Richemont.
Headline earnings plummeted by 43 percent, falling from R5.17 billion ($275.5 million) in the first half of 2023 to R2.96 billion ($157.8 million) in the same period of 2024.
Sanlam CEO Paul Hanratty, a notable figure in South Africa’s business landscape, lauded the company’s robust delivery in the face of extraordinary challenges during the past fiscal year.
As the legal battle unfolds, the retail industry watches closely to see the implications and outcomes of Pick ‘n Pay’s unprecedented move to liquidate a major franchisee in its extensive network.
Thanks to the recent upswing in Dis-Chem’s shares, the Saltzman family’s stake in Dis-Chem has surged by R776.36 million ($41.42 million) since Feb. 19.
This surge solidifies his standing as one of South Africa’s leading businessmen and investors.
Bekker, a top figure in South Africa’s business landscape, is credited with transforming Naspers from a newspaper publisher into a top player in e-commerce and cable TV.