South African billionaire Johann Rupert’s Remgro looking for equal partnership in possible Mediclinic buyout
The news comes a week after Mediclinic rejected its acquisition bid.
South African billionaire
South African billionaire Michiel Le Roux gains $135 million in 35 days, net worth nears $2 billion
Le Roux owns 11.41 percent of the leading banking group.
South African billionaire Stephen Saad loses more than $250 million from Aspen Pharma stake
Saad owns a 12.5-percent stake in Aspen Pharmacare Holdings, worth $566 million.
South African mogul Nicky Oppenheimer’s net worth increases by $825 million in 2022
Oppenheimer is one of a handful of African billionaires whose fortunes have grown significantly in 2022.
South African billionaire Koos Bekker loses half a billion dollars on his Naspers stake
Bekker is still one of Africa’s wealthiest men, with a net worth of more than $2.2 billion.
South African mogul Adrian Gore sells $3.1 million in Discovery Limited shares in May
Gore owns a 7.47-percent stake in the South African financial services conglomerate.
South African billionaire Patrick Soon-Shiong loses nearly $1 billion since start of 2022
Soon-Shiong holds $7.03 billion of his $8.99-billion fortune in cash.
South African billionaire Patrice Motsepe, wife join world leaders at 2022 WEF Annual Meeting in Davos, Switzerland
Motsepe is a member of the WEF Board of Trustees.
Billionaire Johann Rupert’s Richemont sees shares dive 14 percent on fears over China slowdown
Rupert’s net worth fell by $896 million as a result of the 14 percent drop in Richemont shares on Friday.
Nicky Oppenheimer unseats Johann Rupert to become South Africa’s wealthiest billionaire
Oppenheimer’s net worth is estimated to be $8.55 billion as of press time.
Patrice Motsepe beats out Strive Masiyiwa, reclaims title as Southern Africa’s richest Black businessman
Motsepe’s net worth has risen to $3.1 billion so far this year.
South African billionaire Johann Rupert’s luxury company records over $2.1 billion in profit in 2022
Richemont sales reached an all-time high of €19.2 billion in 2022.
South African mining mogul Neal Froneman fiercely defends his $18.9-million salary
In 2021, Sibanye-Stillwater’s executive directors and officers were handsomely rewarded, with $51.1 million in remuneration.
South African businessman Zak Calisto to receive $11.68-million in dividends from Karooooo
Zak Calisto controls a 66-percent stake in Karooooo.
South African executive Andre Joubert sells $1.33 million in shares in leading miner, ARM
Joubert has been the CEO of ARM’s Ferrous Division since July 2012.
South African billionaire Patrice Motsepe-linked Sanlam finalizes UK divestment
The divestment is consistent with the group’s strategy to simplify its UK operations.