7 companies founded by South African billionaire Rob Hersov
Hersov is a heir of the founding family of Anglovaal, a mining and industrial giant that was sold off in the late 1990s.
South African billionaire
South African billionaire Michiel Le Roux’s Capitec stake surges to $1.25 billion
le Roux holds an 11.39-percent ownership stake in Capitec Bank, or 13,190,043 ordinary shares.
South African billionaire Ivan Glasenberg’s fortune slumps by $490 million
Glasenberg presently occupies the 275th spot on the list of the world’s wealthiest individuals, according to the Bloomberg Billionaires Index.
Africa’s first Black billionaire Patrice Motsepe hit by $200-million loss
The decline in Motsepe’s net worth can be attributed to the downturn in the market value of his 39.7-percent stake in African Rainbow Minerals.
South African billionaire Nicky Oppenheimer hit by $120-million loss in 5 days
Despite the decrease in net worth, Oppenheimer’s fortune of $9.28 billion makes him the 235th richest man globally.
Johann Rupert’s wealth slump could shake Africa’s richest ranking
The decline in Rupert’s fortune and the surge in Nigerian billionaire Aliko Dangote’s net worth set the stage for a potential shift in the rankings of Africa’s richest individuals.
7 companies owned by South African billionaire Saltzman family
Billionaires.Africa has identified seven companies with direct or indirect interests associated with the Saltzman family.
South African billionaire-led firm to snap up Viagra and others for $280 million
Aspen Pharmacare is a branded pharmaceutical company.
Internet group partly owned by South African billionaire Koos Bekker to sell part of PayU for $610 million
Bekker’s 0.74-percent stake in Prosus is worth a staggering €1.013 billion ($1.11 billion) at the time of writing.
South Africa’s second-richest man Nicky Oppenheimer nears $10-billion net worth, surpasses $1.3-billion YTD gains
The driving force behind Oppenheimer’s wealth gains lies in his private equity investments.
5 companies linked to South African billionaire banker Michiel Le Roux
As the holder of an 11.39-percent ownership stake in Capitec Bank, comprising 13,190,043 ordinary shares, Le Roux is among the continent’s richest individuals.
Patrice Motsepe’s mining empire suffers $1.1-billion market value wipeout in 2023
The $1.1-billion market value wipeout also impacted Motsepe’s net worth, bringing it below $2.4 billion earlier this year.
Alan Pullinger, CEO of Africa’s largest bank, gains $3.8 million in 57 days
Pullinger owns a minority shareholding of approximately 0.1 percent in FirstRand.
Africa’s first Black billionaire Patrice Motsepe’s net worth rebounds with $200-million surge
Motsepe’s substantial stake of 89,092,411 ordinary shares in ARM constitutes most of his current $2.6-billion fortune.
South African billionaire Saltzman family faces $54 million loss in 83 days
Lynette and Ivan Saltzman, who established Dis-Chem Pharmacies in 1978, presently hold a beneficial 35.15-percent stake in the healthcare giant.
Africa’s richest man Johann Rupert’s Reinet posts $81-million net asset value plunge in Q1
Rupert holds a 24.9-percent stake in Reinet Investments, contributing to his status as Africa’s richest man.