South African billionaire Laurie Dippenaar loses $41 million in FirstRand stake
Presently, Dippenaar holds a 1.76-percent stake in FirstRand, or 98,726,988 shares.
South African billionaire
South African-born billionaire Patrick Soon-Shiong loses $250 million
Despite the recent financial setback, Soon-Shiong’s influence in the medical field and his entrepreneurial spirit remain undiminished.
South Africa’s richest man Johann Rupert’s firm to reward investors with $48.2-million dividend
Remgro Limited is a leading investment holding company led by South Africa’s richest man Johann Rupert.
South African billionaire Koos Bekker’s net worth slumps by $100 million
Despite these setbacks, Bekker remains one of the most affluent billionaires in Africa, boasting a net worth of $2.3 billion.
South African billionaire Adrian Gore-led group posts $280 million in profit in 2023
Discovery was founded in 1992 by Gore as a medical insurer.
South Africa’s second-richest man Nicky Oppenheimer hit by $200-million loss in 2 days
Despite the recent decline in his fortune, Oppenheimer’s year-to-date gain presently aggregates to a substantial $925 million.
South Africa’s richest man Johann Rupert loses $3.4 billion in just 10 weeks
Despite this recent setback, Rupert retains his status as South Africa’s wealthiest individual, surpassing fellow South African magnate Nicky Oppenheimer.
South African tycoon Des de Beer sells shares in Resilient REIT
Des de Beer is the founder of numerous real estate investment companies in South Africa, Mauritius and Europe.
Firm linked to Africa’s first Black billionaire Patrice Motsepe to build $132-million solar plant
Through African Rainbow Energy, Motsepe owns an indirect 40-percent stake in SOLA Group.
Stephen Saad’s Aspen to pioneer South Africa’s first human insulin production
Established in 1997 by Saad, Aspen has steadily expanded its global presence in the pharmaceutical sector.
Shoprite to pay South African billionaire Christo Wiese $13.8-million dividend
Wiese owns an 11.58-percent stake in Shoprite, valued at more than $900 million.
5 companies founded by South African billionaire Mark Shuttleworth
South African billionaire and space tourist Mark Shuttleworth has built businesses in Internet security, hospitality and financial services.
South African billionaire Patrice Motsepe’s ARC Investments increases portfolio value
Motsepe, South Africa’s richest black person, owns a 27-percent stake in African Rainbow Capital Investments.
South African billionaire Adrian Gore’s Discovery expects earnings to surge by 35 percent
Discovery Limited is a Sandton-based insurance conglomerate led by South African businessman Adrian Gore.
South African tycoon Pieter Engelbrecht pockets $2.6-million salary from Shoprite
Since assuming the mantle of CEO in January 2017, Engelbrecht has led Shoprite to impressive financial milestones.
South African billionaire Michiel Le Roux suffers $15-million blow
Le Roux holds an 11.39-percent stake in Capitec Bank, or 13,190,043 shares.