South Africa's richest man received a $140 million fee from Reinet's big sale
A Rupert family entity was paid a 2.3 billion rand performance fee after Johann Rupert's Reinet sold its largest asset for about 62 billion rand.
South African billionaires
South African billionaire Michiel le Roux borrows $402 million against his Capitec shares
Capitec co-founder Michiel le Roux has raised about $402 million by refinancing a loan secured against 1.37 million shares in his own bank.
Billionaire Patrice Motsepe plays down ANC presidency run as polls put him ahead
Patrice Motsepe played down running for ANC president, saying his contribution is best made outside politics, even as polls show him leading.
South Africa rejects wealth tax in win for billionaires
South Africa's Finance Minister Enoch Godongwana has rejected a wealth tax, delivering a direct win to the country's billionaire class led by Johann Rupert and Patrice Motsepe.
South African billionaire Johann Rupert's Richemont completes Baume and Mercier sale to Italy's Damiani
Johann Rupert's Richemont has completed the sale of 196-year-old Swiss watchmaker Baume and Mercier to Italy's Damiani Group, ending a 38-year ownership of the historic brand.
South Africa has a new dollar billionaire and it is Dis-Chem founder Ivan Saltzman
The Saltzman family has been ranked by the Bloomberg Billionaires Index for the first time with a $1.3 billion fortune built from a single Johannesburg pharmacy.
South African billionaire Ivan Saltzman built Dis-Chem into a $1.7 billion empire but Bloomberg says the succession test is only beginning
Ivan Saltzman built Dis-Chem from a single Johannesburg pharmacy in 1978 into a $1.7 billion healthcare chain and now faces his hardest task: handing it over.
Datatec founder Jens Montanana to pocket $79.5 million as company announces R7.1 billion special dividend
Datatec has announced a R7.1 billion ($434.5 million) special dividend following a refinancing deal with General Atlantic, with founder and CEO Jens Montanana set to pocket R1.3 billion.
A brief history of time: the life of Robert Gumede, the South African billionaire rescuing Tongaat Hulett
Robert Gumede went from caddying golf courses to building South Africa's biggest black-owned IT company. Now he is staking his reputation on rescuing Tongaat Hulett.
Johann Rupert becomes 2nd African to hit $20 billion according to the Bloomberg Billionaires Index
South African luxury tycoon Johann Rupert has crossed the $20 billion milestone, cementing his position over Nigerian billionaire Abdul Samad Rabiu on the global wealth index.
Billionaire Christo Wiese's Shoprite just blew past its store opening target
Shoprite has exceeded its full-year store opening target with a month to go, boosting the value of Christo Wiese's $1.2 billion stake in the retailer.
Multimillionaire Gerrie Fourie says South Africa's dysfunction is exactly what makes it worth staying for
Capitec co-founder Gerrie Fourie says South Africa's dysfunction creates opportunities unavailable elsewhere and urged South Africans considering emigration to think carefully before leaving.
South African billionaire Rob Hersov tells the mining minister to fix the sector or forfeit the country's future
South African billionaire Rob Hersov has published a second open letter to Minerals Minister Gwede Mantashe arguing that policy failures are destroying South Africa's mining sector.
South Africa's president is worth over $500 million but a $580,000 farm scandal is threatening his presidency
Forbes last put Cyril Ramaphosa's net worth at $450 million in 2015. Eleven years on he is likely worth far more and is still fighting a $580,000 scandal.
Los Angeles' richest man is South African-born doctor with a $16.6 billion fortune
South African-born billionaire Patrick Soon-Shiong has a net worth of $16.6 billion, making him the richest person in Los Angeles and one of the wealthiest South African-born individuals in the world.
South Africa's richest black person loses $700 million in 3 months
A gold price crash and a 34% Harmony Gold selloff have erased $700 million from Patrice Motsepe's fortune since March, Forbes data shows.