5 richest retail tycoons in South Africa
The transformation of South Africa’s retail landscape owes its momentum to billionaire proprietors and executives who have ascended to unprecedented heights.
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The transformation of South Africa’s retail landscape owes its momentum to billionaire proprietors and executives who have ascended to unprecedented heights.
The recent list highlights that Motsepe’s equity portfolio on the JSE is presently estimated at $1.58 billion.
Africa’s first Black billionaire, Patrice Motsepe, retains top spot as the richest investor on the Johannesburg Stock Exchange
In a forthright address delivered during PSG Wealth’s Think Big webinar, Adrian Gore, the founder and CEO of Discovery Limited, emphasized the…
With this latest increase in his net worth, Johann Rupert has solidified his status as South Africa’s richest individual
For the Ackerman family, this financial loss equates to a year-to-date decline of R3.96 billion ($218.18 million) in the market value of their Pick ‘n Pay stake.
The rebound in Patrice Motsepe’s net worth can be attributed to the surge in the market value of his 40.37-percent stake in ARM
Koos Bekker ranks as one of Africa’s richest billionaires, trailing fellow South African billionaires Johann Rupert and Nicky Oppenheimer.
Patrick Soon-Shiong currently ranks as the 220th wealthiest individual on the global list of the world’s wealthiest individuals.
Billionaires.Africa has identified and cataloged various companies linked to South African businessman Sello Moloko.
The challenges faced by Africa’s billionaires in their pursuit of global wealth rankings serve as a stark reminder of the complex dynamics at play in the global market.
Apart from his executive and governance roles in Aspen Pharmacare, Attridge owns a notable 4.28-percent stake in Aspen.
The Ackerman family, known for their immense wealth, expansive real estate ventures, and diverse private holdings, owns a substantial 25.53-percent stake in Pick ‘n Pay.
The billionaire Saltzman family, who currently own a 35.1-percent stake in Dis-Chem, have solidified their status as one of the wealthiest families in South Africa.
Since Capitec was founded 20 years ago by du Plessis, South African billionaire Michiel Le Roux, and leading businessmen Jannie Mouton and Riaan Stassen.
As the founder of the leading financial services group, Gore owns a 12.96-percent stake in Discovery, which amounts to 87,267,598 ordinary shares.