Zak Calisto joins African billionaire ranks after Karooooo stake tops $1 billion
His controlling stake in Karooooo has surpassed the $1 billion mark, a milestone first reported by Billionaires.Africa.
South African tech tycoon
South African tech tycoon Zak Calisto’s Karooooo stake tops $1 billion
Investors have been responding positively to the firm’s recent earnings and steady growth, particularly in its core subscription business.
South African tycoon Zak Calisto’s Karooooo reports $230 million in revenue
Under Calisto’s leadership, the company has become a leading provider of intelligent transportation management and analytics.
South African tech tycoon Zak Calisto loses $26 million from Karooooo stake
Calisto, who founded Karooooo in 2001 to provide stolen car recovery services in South Africa, holds a 74.73-percent stake in the company.
South African tech tycoon Zak Calisto makes over $30 million in 23 days
This reaffirms his position as one of Africa’s wealthiest technology entrepreneurs — it also highlights Karooooo’s position as a top-performing tech firm.
South African tech tycoon Zak Calisto gains nearly $140 million as Karooooo surges on Nasdaq
With a market value of more than $600 million from his 74.73-percent shareholding in Karooooo, Calisto is one of Africa’s wealthiest technology entrepreneurs.
South African tycoon Jens Montanana suffers $6.4-million loss from Datatec stake
Montanana maintains his status as one of the wealthiest investors on the Johannesburg Stock Exchange.
South African tech tycoon Zak Calisto suffers $18.7-million loss
Calisto, who founded Karooooo in 2001 to provide stolen car recovery services in South Africa, holds a 74.73-percent stake in the company.
South African tech tycoon Zak Calisto gains nearly $40 million as Karooooo surges on Nasdaq
As a result of the recent surge in the company’s shares, the value of Calisto’s stake in Karooooo has increased from $543.7 million to $584.6 million.
South African tech tycoon Jens Montanana’s stake in Datatec slumps by $8 million in 28 days
Montanana, who founded Datatec in 1986, owns a 14.26-percent stake in the South African-based ICT solutions and services firm.
South African tech tycoon Zak Calisto scores $60-million gain as Karooooo shares surge
Calisto’s stake in Karooooo has risen by an impressive $60.6 million, growing by 12.5 percent from $485.7 million to $546.3 million.
South African mogul Zak Calisto’s Karooooo posts $26 million in earnings in 9M 2023
Calisto founded Karooooo in 2001.
South African tech tycoon Jens Montanana to earn $17.91 million in special dividend from Datatec
Montanana founded Datatec in 1986.
South African tech tycoon Jens Montanana’s Datatec to pay shareholders $149.5 million in special dividend
Montanana is Datatec’s founder and CEO.
South African tech tycoon Zak Calisto’s stake in Karooooo slumps by $106 million
Calisto founded Karooooo, a global mobility software as a service (SaaS) platform, in 2001.
South African tycoon Jens Montanana’s Datatec joins UN corporate sustainability initiative
Montanana founded Datatec in 1986 and owns a significant 11.98-percent stake in the group.