South Africa’s second-richest man rakes in $520 million in just 15 days
With a staggering fortune of $9 billion, Oppenheimer claims the 245th spot on the global list of the wealthiest individuals.
Southern Africa
South African banker Laurie Dippenaar gains $37 million from FirstRand shares
Dippenaar’s journey to financial success began in 1977 when he co-founded Rand Consolidated Investing alongside partners GT Ferreira and Paul Harris.
South African tycoon Johan Burger scores $2.6 million gain from FirstRand stake
Burger owns a minority 0.11-percent stake, equivalent to 6,000,000 ordinary shares, in FirstRand.
5 companies owned by South African billionaire Stephen Saad
Beyond Aspen Pharmacare, Saad’s influence extends to a diverse array of companies, each representing a facet of his entrepreneurial prowess.
South African billionaire Christo Wiese’s Premier Group plans $66 million in capex over next two years
Premier Group is a prominent South African fast-moving consumer goods (FMCG) conglomerate partly owned by billionaire tycoon Christo Wiese.
South Africa’s richest man Johann Rupert makes $700 million in 24 hours
The sudden boost in his wealth is attributed to the recent pullback in the share price of Richemont, a leading luxury goods group where Rupert holds a substantial stake.
Glencore-led by South African exec Gary Nagle to acquire stake in coal business in $6.9-billion deal
Expressing satisfaction with the acquisition, Glencore CEO Gary Nagle highlighted the complementarity of Elk Valley’s assets with Glencore’s existing coal production.
South African tycoon Christopher Seabrooke loses nearly $3 million from Sabvest stake
Seabrooke, who has played a vital role in Sabvest Capital’s growth, holds a 40.61-percent stake in the investment holding company.
South African billionaire Michiel Le Roux suffers $100-million loss in 24 days
This significant plunge has caused his net worth to slump from $1.2 billion on Oct. 21 to $1.1 billion at the time of this report.
15 richest investors on the Zimbabwe Stock Exchange
These investors, ranging from entrepreneurs like Michael Fowler to international figures like Nicholas Van Hoogstraten, contribute significantly to Zimbabwe’s economy.
South African tycoon Jonathan Jawno gains $7.1 million from stake in Transactional Capital
Jonathan Jawno, a founding member of Transaction Capital, owns a significant 9.59-percent stake in the investment holding.
South African billionaire Stephen Saad suffers $28-million loss in 10 days
South African billionaire and pharmaceutical tycoon, Stephen Saad’s stake in Durban-based pharmaceutical company Aspen Pharmacare Holdings has declined by more than $28…
South African tycoon Sipho Nkosi steps down from Sasol
Nkosi, a stalwart in South Africa’s business arena, has left an indelible mark on the corporate landscape, having held pivotal roles on the boards of companies.
South African billionaire Johann Rupert’s Richemont posts $2.3-billion half-year profit
Richemont led by Rupert and celebrated for its premium brands posted a modest three-percent increase in profit.
South African banker Alan Pullinger gains $1 million from FirstRand stake
Pullinger, a leading business executive in South Africa holds a minority stake of approximately 0.1 percent in FirstRand.
15 richest people on the Botswana Stock Exchange
Meet the 15 individuals who own the highest stock ownership positions on the Botswana Stock Exchange.