Sasol, led by Fleetwood Grobler, takes bold steps into energy transition
Grobler has a minority stake in the South African integrated energy and chemicals conglomerate.
South African billionaire
South African billionaire Saltzman family gains $42 million in 25 days
The Saltzman family owns a beneficial 45.2-percent stake in Dis-Chem Pharmacies.
Billionaire Johann Rupert gains $1.81 billion, net worth nears $13 billion
Rupert is the richest man in South Africa,
South African billionaire Patrice Motsepe’s net worth slumps by $500 million in 2023
Motsepe remains the richest Black person in Southern Africa.
Shoprite, linked to billionaire Christo Wiese, launches first apparel store in South Africa
Shoprite Holdings is Africa’s largest supermarket group.
South African billionaire Johann Rupert’s Richemont takes on luxury theft
Rupert has developed a platform that offers a gamut of features enabling owners to report theft or loss.
South African billionaire Nicky Oppenheimer has now gained $325 million since start of 2023
Oppenheimer is also a passionate advocate for wilderness conservation.
South African-born billionaire Patrick Soon-Shiong has now lost $820 million so far in 2023
Soon-Shiong is best known for developing the cancer treatment Abraxane.
South African tycoon Jonathan Jawno’s Transaction Capital expects earnings to fall by 41 percent in H1 2023
Transaction Capital is a South African financial services group co-founded and led by Jawno.
Tymebank breaks new ground with 6.2 million customers thanks to Patrice Motsepe’s ARC support
TymeBank is owned in part by ARC Financial Services Holding, a Black-owned and -controlled company linked to Motsepe.
South African billionaire Michiel Le Roux’s Capitec Bank reaches 20-million clients milestone
Le Roux owns 11.41 percent of the Stellenbosch-based financial services provider.
Koos Bekker’s Naspers closes $100-million fund days after Silicon Valley Bank’s collapse
Shares rise 1.3 percent after Naspers shuts down its $100-million venture capital fund.
South African billionaire Christo Wiese’s Brait to list Premier on JSE on March 24
Wiese derives the majority of his fortune from Shoprite.
5 South African billionaires at risk of losing millions of dollars as rand depreciates against U.S. dollar
The depreciation of the rand could potentially threaten the net worth of South African billionaires and millionaires.
Shoprite, linked to billionaire Christo Wiese, set to launch clothing stores in Cape Town
Wiese owns an 11.63-percent stake in the company.
South African billionaire Johann Rupert’s net worth plummets $200 million in just 72 hours
Rupert’s net worth has now declined from $12.7 billion on March 6 to $12.5 billion at the time of writing.