Famous Brands, built by South Africa's wealthy Halamandaris family, stumbles in Botswana
Famous Brands, the Steers and Wimpy owner co-founded by the Halamandaris family, expects interim earnings to drop as much as 33% after a Botswana writedown.
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Famous Brands, the Steers and Wimpy owner co-founded by the Halamandaris family, expects interim earnings to drop as much as 33% after a Botswana writedown.
Hendrik du Toit started with an empty desk and less than R200 million in 1991. The firm he built, Ninety One, now manages $240 billion.
Richard Maponya built a R1 billion empire under apartheid. Six years after his death, his children have fought over the estate and kept expanding it.
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Froneman owns a 0.074-percent stake in the company worth more than $10 million.