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Despite the decrease in his net worth, Oppenheimer’s present fortune of $8.48 billion makes him the world’s 247th richest individual and Africa’s third-richest man.
Despite this recent setback, Rupert retains his status as South Africa’s richest individual, surpassing fellow South African magnate Nicky Oppenheimer.
Saad, who founded Aspen in 1997, owns a 12.5-percent stake, or 57,151,972 ordinary shares, in the branded pharmaceutical holding company.
Patrice Motsepe’s wealth takes a significant $1 billion hit due to the sustained downturn in the market value of his 40.37-percent stake in ARM.
South African billionaire Jannie Mouton is renowned for co-founding Capitec Bank with Michiel Le Roux, and Riaan Stassen.
South African billionaire Saltzman family presently owns a beneficial 35.12-percent stake in Dis-Chem Pharmacies.
Rupert, who serves as Richemont’s chairman, holds a substantial interest in the company through Compagnie Financiere Rupert.
Despite this recent setback, Soon-Shiong still retains his status as one of Africa’s leading billionaires.
Motsepe made history as Africa’s first Black billionaire in 2008 thanks to the remarkable success of his mining group.
The recent $100-million surge in Oppenheimer’s wealth, has now pushed his year-to-date wealth gains to $925 million.
South African billionaire Ackerman family owns 25.5 percent of Pick ‘n Pay.
Futurelife was founded in 2007 by Saad, the brother of South African billionaire Stephen Saad, who serves as the CEO of Aspen Pharmacare Holdings.
Motsepe and Rupert, the majority shareholders of the Pretoria-based Blue Bulls Company, recently acquired a 74-percent stake in Boland Rugby Union.
Wiese, through Titan Fincap, a subsidiary controlled by his investment vehicle, Titan Premier Investments, sold 3.83 million ordinary shares in Shoprite.
Karooooo, which Calisto controls, owns Carzuka, a leading digital marketplace for used vehicles.
Le Roux owns an 11.39-percent stake in Capitec Bank.