Prosus, led by South African billionaire Koos Bekker, backs Brazil’s Ursula AI in $3.6 million round
The $3.6 million (R$20 million) seed round was led by Village Global, with participation from Prosus Ventures and Worldbuild.
South African billionaire
South African billionaire Christo Wiese’s Brait reports $1.1 billion revenue in 2025
Brait posts 7% revenue growth to $1.1 billion in 2025, reversing losses and strengthening NAV per share following recap, Virgin Active and Premier gains.
Johann Rupert’s Remgro, Vodacom get nod for $741.7 million Maziv fiber deal
South Africa’s regulator drops opposition to Vodacom’s $741.7 million deal for Maziv, moving Johann Rupert’s Remgro closer to sealing the landmark fiber acquisition.
South African billionaire Patrice Motsepe’s wealth rises to $3.4 billion
Patrice Motsepe’s fortune hits $3.4 billion as shares in Harmony Gold and ARM surge; fintech bets deepen his footprint in digital finance.
South African billionaire Christo Wiese’s Invicta profit rises above $40 million
The company’s improved performance reflects ongoing efforts to streamline operations, boost efficiency, and focus on key areas of the business.
Johann Rupert’s Reinet in talks to sell pension stake in deal worth up to $6.8 billion
Reinet, led by Johann Rupert, is in talks to offload its top asset, Pension Insurance Corp, in a deal worth up to $6.85 billion.
South African billionaire Koos Bekker-led Prosus plans to double revenue by 2028
The company’s CEO, Fabricio Bloisi, announced this ambitious growth plan during Prosus’s Capital Markets Day on Wednesday.
How Prosus plans to repeat South African billionaire Bekker’s billion-dollar Tencent bet
Prosus bets big on India, echoing Bekker’s Tencent strategy with long-term investments in tech platforms like PayU and Meesho.
Johann Rupert’s Richemont debuts Van Cleef & Arpels boutique in Florence
Richemont’s Van Cleef & Arpels opens its first Florence boutique, showcasing high-jewelry heritage and bolstering the group’s luxury retail presence in Europe.
South African billionaire Christo Wiese’s Brait plans to sell UK retailer
The move is part of a broader effort to simplify its portfolio, repay debt, and return capital to shareholders.
South African billionaire Christo Wiese’s Shoprite stake falls below $1 billion
This reflects renewed pressure on South African retail stocks as investor confidence continues to waver on the Johannesburg Stock Exchange (JSE).
Johann Rupert, South Africa’s richest man, gains $200 million in a week
This increase pushes his total wealth growth for the year to $2.72 billion, up from $2.52 billion just a few days ago.
South African billionaire Nicky Oppenheimer’s net worth surges $2.1 billion
Nicky Oppenheimer’s net worth surged $2.1 billion to $12.2 billion, reversing the earlier dip near $10 billion.
South African billionaire Johann Rupert’s net worth drops below $17 billion
Johann Rupert’s net worth falls $800 million to $16.3 billion amid Richemont’s 6.5% share decline despite strong global jewelry sales.
Johann Rupert to receive $20.7 million dividend from Reinet
Johann Rupert will receive a $20.7 million dividend from Reinet Investments after the Luxembourg-based firm reported strong asset growth in its latest fiscal year.
South African billionaire Jannie Mouton gains $28 million from Capitec stake
Jannie Mouton gains $28 million in 24 days as Capitec shares rally, driven by digital-first banking and rising investor confidence on the JSE.