South Africa’s richest man Johann Rupert gains $400 million in 9 days
With his latest net worth increase, Rupert has cemented his status as South Africa’s richest individual, maintaining his edge over Nicky Oppenheimer.
South African billionaire
Eric Ellerine, one of South Africa’s richest men, dies at 90
As one of the country’s wealthiest individuals, his passing marks the end of an era.
South African billionaire Michiel Le Roux rakes in $208 million from Capitec Bank
This surge in his fortune reaffirms his position among South Africa’s billionaires — firmly establishing his presence within the ranks of the continent’s financial elite.
SA billionaire Johann Rupert’s Richemont rules out plans to invest in loss-making British luxury retailer
Last year, Rupert’s Richemont agreed to sell a 47.5-percent stake in its Yoox Net-A-Porter (YNAP) fashion and accessories business to Farfetch.
Son of South Africa’s second-richest man acquires Nigeria’s biggest beverage can maker
Prior to the recent acquisition, the Jonathan Oppenheimer-led firm already held a majority 62.5-percent stake in GZI.
5 companies owned by South African mogul Desmond Sacco
Under Sacco’s leadership, Assore Group thrives as a key player in the mining sector, marked by strategic investments and operational prowess.
South Africa’s second-richest man Nicky Oppenheimer gains $750 million in November
Oppenheimer secures 238th spot among world’s richest with a $9.33-billion fortune.
South African billionaire Ivan Glasenberg’s net worth soars by $590 million
Glasenberg presently occupies the 281st spot on the list of the world’s wealthiest individuals.
Africa’s first Black billionaire Patrice Motsepe’s ARM acquires stake in South African nickel mine
This acquisition aligns with Motsepe’s earlier announcement of ARM’s proactive pursuit of valuable lithium and copper assets.
South African billionaire Patrice Motsepe invests $1 million in Wits University to boost mining innovation
Patrice Motsepe, a mining tycoon from South Africa, and the University of the Witwatersrand (Wits) have teamed together to establish a postdoctoral…
Africa’s first Black billionaire Patrice Motsepe hit by $100-million loss in 8 days
Motsepe became the continent’s first Black billionaire in 2008 thanks to a fortune amassed in the mining industry through ARM.
South Africa’s second-richest man gains $750 million in November
With his fortune pegged at $9.33 billion, Oppenheimer now ranks as the world’s 241st richest individual.
A billionaire’s mission: 7 ways Africa’s first Black billionaire is giving away half his wealth
Patrice Motsepe’s road to wealth began in the mining industry. He is the founder and executive chairman of African Rainbow Minerals, a…
Africa’s first Black billionaire-linked telecom firm to state case in Vodacom-BVI merger
Rain Limited is a South African mobile communications company partly owned by Paul Harris, Michael Jordaan, and Patrice Motsepe
South African billionaire Christo Wiese $100-million poorer as Shoprite shares slump
Despite recent setbacks, Wiese remains a leading figure in the African business scene.
7 companies owned by South African billionaire Jannie Mouton
Mouton’s strategic investments and visionary entrepreneurship as a co-founder of Capitec Bank have had a profound effect on the South African economy.