South African billionaire Koos Bekker’s Naspers backs startup in $100-million raise
Bekker’s 0.96-percent Naspers stake is valued at $740 million.
South African billionaire
South African billionaire Patrice Motsepe donates $1.64 million to assist students struggling with debt
Motsepe is a prominent figure in Africa, renowned as both a top philanthropist and a billionaire.
South African billionaire Michiel Le Roux loses $104 million in 38 days from Capitec stake
Le Roux is a 73-year-old South African billionaire and co-founder of Capitec Bank.
South African billionaire Patrice Motsepe’s net worth slumps by $400 million
Motsepe owns 39.7 percent of ARM.
South Africa’s richest man Johann Rupert has gained $1.69 billion so far this year
Rupert derives most of his wealth from his 9.14-percent stake in Richemont.
South African billionaire Raymond Ackerman and family lose $96 million as Pick ‘n Pay shares bleed on JSE
Ackerman and his family own a 25.53-percent stake in Pick ‘n Pay.
South African billionaire Laurie Dippenaar gains $16.8 million from FirstRand shares
Dippenaar owns 1.76 percent of FirstRand, or 98,726,988 shares.
Top 5 African billionaires add $3.05 billion to their wealth in just 45 days
They have gained $3.052 billion in net worth since the start of the year.
Christo Wiese-linked retailer Steinhoff plummets by over $38 million as shares hit record low
Wiese is a South African billionaire and retail tycoon.
South African billionaire Nicky Oppenheimer gains $800 million in 36 days
Oppenheimer’s net worth has risen by $800 million since the start of the year.
South African billionaire Koos Bekker gains $200 million amid tech stock frenzy
Bekker is the driving force behind Naspers and Prosus.
South Africa’s richest man Johann Rupert recovers all 2022 losses in January
Rupert’s net worth has increased from $10.9 billion to $12.3 billion.
South African billionaire banker Michiel Le Roux loses $92 million in 19 days
Le Roux remains one of South Africa’s wealthiest businessmen.
Disgraced South African Mogul Markus Jooste to face trial in Germany in April
Nearly two weeks ago, Jooste was served two fines totaling $882,000.
Patrice Motsepe-backed TymeBank targets 28 million customers via partnership with TFG
TymeBank is partly owned by Motsepe’s African Rainbow Capital (ARC) Financial Services Holding.
South African pharma tycoon Stephen Saad gains $37.1 million from Aspen shares
Saad owns a significant 12.5-percent stake in Aspen Pharmacare Holdings.