South African billionaire Jannie Mouton's R7.2 billion Curro gift tops a year of giving
Wealthy South Africans gave about R6 billion in 2025, led increasingly by women, Black donors and under-40s, a figure excluding Jannie Mouton's Curro buyout.
Southern Africa
Nathan Kirsh closes in on $20 billion, tightening his grip on second place among Africa's richest
Eswatini-born Nathan Kirsh is closing in on a $20 billion fortune, cementing second place among Africa's richest after selling his US food-distribution empire.
Standard Bank's new report reveals how Africa's wealthiest think about money and why it differs from the West
A new Standard Bank report released June 4 reveals how Africa's wealthiest think about money, risk and wealth transfer in ways that differ sharply from Western norms.
How South Africa's private banks handed wealthy clients rope to hang themselves with Steinhoff margin loans
Private banks across South Africa offered margin loans against Steinhoff shares that triggered catastrophic calls when the stock collapsed 98% in December 2017, wiping out entire high-net-worth client portfolios.
Billionaire Johann Rupert's Reinet is sitting on $6.7 billion in cash
Johann Rupert's Reinet Investments is sitting on R110.1 billion ($6.72 billion) in cash after selling its two largest holdings and leaving the question of what comes next wide open.
South African billionaire Michiel Le Roux's Capitec posts $1 billion profit as client base crosses 26 million for first time
Michiel Le Roux's Capitec Bank has posted $1.02 billion in full-year profit, a 23% rise, as its active client base surpassed 26 million for the first time.
Platinum price surge puts Patrice Motsepe's ARM in position to restart projects it shut down a year ago
Patrice Motsepe's African Rainbow Minerals doubled its profit in six months as platinum prices surged, putting previously shelved expansion projects back on the table.