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.
South African billionaire
Shoprite, linked to South African billionaire Christo Wiese, expects sales to surpass $12 billion
Wiese’s 11.63-percent stake in Shoprite is worth $952 million, cementing his position as one of the leading investors on the Johannesburg Stock Exchange.
South African tycoon Stephen Brookes suffers $5-million loss from Balwin stake
Brookes owns a 36.08-percent stake in Balwin Properties.
South African-born billionaire Patrick Soon-Shiong’s net worth soars by $260 million
This upswing has propelled his fortune above the $9.3-billion mark, solidifying his position as one of Africa’s richest billionaires.
5 companies owned by South African billionaire Koos Bekker
Bekker ranks as one of Africa’s richest billionaires.
South African billionaire Patrice Motsepe’s ARC acquires minority stake in GoSolr, boosting solar energy push
With this latest acquisition, ARC reinforces its commitment to building a greener future.
Africa’s richest man Johann Rupert loses $800-million fortune as Richemont shares slump
The substantial $800-million loss in Rupert’s wealth can be directly attributed to the recent decrease in the market value of his 9.14-percent stake in Richemont.
7 companies owned by Africa’s first Black billionaire, Patrice Motsepe
Billionaires.Africa has identified and cataloged various companies and holdings linked to Motsepe.
Luxury goods business of Africa’s richest man Johann Rupert registers almost $6 billion in Q1 sales
Despite the impressive financial performance, Richemont experienced an unexpected drop in share price on the Swiss Exchange.
5 assets owned by South African billionaire Douw Steyn
In 2023, the Sunday Times Rich List pegged Steyn’s fortune at $3 billion, thanks to a portfolio of luxury hotels and insurance companies.
7 assets owned by South Africa’s second-richest man, Nicky Oppenheimer
As South Africa’s second-richest man, Oppenheimer continues to play a pivotal role in the country’s economic landscape.
South African billionaire Koos Bekker’s net worth surges by $100 million back to $2.5 billion
With a net worth of $2.5 billion, Bekker ranks among the wealthiest billionaires on the African continent.
5 companies owned by Africa’s richest man Johann Rupert
Rupert’s journey towards prominence started in the late 1980s, when he assumed the role of chairman at Rembrandt.
South African billionaire Christo Wiese’s Invicta broadens global footprint with Imexpart takeover
As the chairman of Invicta, Wiese controls a significant ownership stake of 19.23 percent in Invicta Holdings.
South African billionaire Stephen Saad’s Aspen Pharma stake falls by $29 million in 27 days
Saad’s stake in Aspen Pharma has fallen by $29 million as investors factor in the challenging operating conditions in the pharmaceutical industry.
Patrice Motsepe’s fortune takes hit, shrinks by $100 million and plunges below $2.5 billion
Despite seeing his net worth decline by $800 million since the start of 2023, Motsepe continues to demonstrate his commitment to philanthropy.