South African retail tycoon Ackerman family gains $20 million in 15 days from Pick ‘n Pay
Pick ‘n Pay operates more than 2,000 stores across eight African countries.
South African billionaire
South African billionaire Nicky Oppenheimer gains $100 million in October
Oppenheimer’s $7.93-billion net worth is derived from a mix of private equity investments.
South African billionaire Johann Rupert gains $220 million in October, as Richemont shares rebound
Rupert is South Africa’s richest businessman.
South African billionaire Koos Bekker loses $345.5 million in 110 days from stake in Prosus
Naspers is a top cable TV operator and e-commerce investor.
Led by South African Ackerman family, Pick ‘n Pay posts $19 million in profit in H1 2023
The Ackerman family owns a 25.53-percent stake in Pick ‘n Pay.
South Africa’s second-richest man Nicky Oppenheimer gains $100 million in 19 days
Oppenheimer also owns South Africa’s largest private game reserve, Tswalu Kalahari.
Prosus N.V., led by South African billionaire Koos Bekker, to sell Russian internet marketplace Avito for $2.4 billion
Bekker’s 0.84-percent stake in Prosus is worth $588 million.
South Africa’s richest billionaires Rupert, Oppenheimer $3.58-billion poorer than year ago
Rupert and Oppenheimer remain the two wealthiest billionaires in South Africa.
African Bank secures approval to acquire Johann Rupert-linked Grindrod in $97-million deal
Grindrod Limited is owned in part by Remgro Limited, Rupert’s investment holding.
South African billionaire Michiel Le Roux gains $157 million as Capitec shares rebound from record lows
Le Roux owns 11.36 percent of the Stellenbosh-based banking group.
South African billionaire Nicky Oppenheimer’s net worth slumps by $100 million in 2022
Despite the slump in his net worth, Oppenheimer still ranks as the second-richest man in South Africa.
South African billionaire Michiel Le Roux’s Capitec Bank secures license for life insurance business
Le Roux owns 11.41 percent of the South African bank.
South African billionaire Michiel Le Roux to pocket $10.2 million in interim dividends from Capitec Bank
Through his stake in Capitec Bank, Le Roux ranks as one of South Africa’s richest men.
South African billionaire banker Michiel Le Roux’s Capitec posts over $255 million in profit in H1 2022
Le Roux owns a sizable 11.41-percent stake in Capitec Bank.
South African billionaire Patrice Motsepe’s net worth slumps by $500 million to $2.6 billion
Motsepe’s net worth has dropped by $500 million since the start of the year.
South African billionaire Nicky Oppenheimer’s net worth slumps by $380 million so far in September
Oppenheimer still remains one of the continent’s wealthiest businessmen.