South African billionaire makes progress with Cape Winelands Airport
Hersov is set to complete the construction of the Cape Winelands Airport which he acquired in 2021.
Southern Africa
Alan Pullinger, CEO of Africa’s most valuable bank, gains $1.69 million in 17 days
Pullinger owns a minority stake of 0.1 percent in FirstRand, or 5,634,679 ordinary shares in the leading lender.
South African billionaire Stephen Saad rakes in nearly $190 million
Saad, who founded Aspen Pharmacare Holdings in 1997, owns a 12.5-percent stake in the branded pharmaceutical company.
Mark Shuttleworth: 49-year-old tech tycoon who is the first South African in space
Shuttleworth’s entrepreneurial journey began in 1995 with the inception of Thawte Consulting.
7 companies founded by South African billionaire Rob Hersov
Hersov is a heir of the founding family of Anglovaal, a mining and industrial giant that was sold off in the late 1990s.
Zimbabwe’s latest multimillionaire Paddy Zhanda gains $49 million
The significant increase has further cemented Zhanda’s position as a leading Zimbabwean businessman.
5 South African tech tycoons you should know
South Africa’s tech ecosystem has witnessed a paradigm shift thanks to a league of pioneering tech entrepreneurs and visionaries
Namibian mogul Koos Brandt gains $3 million from Capricorn Group stake
Brandt is the largest individual shareholder in Capricorn Group.
South African banker Gerrie Fourie gains nearly $24 million in 72 days
Fourie, who is the retail bank’s CEO, possesses a notable 0.89-percent stake in the bank, or 1,027,673 ordinary shares.
South African billionaire Michiel Le Roux’s Capitec stake surges to $1.25 billion
le Roux holds an 11.39-percent ownership stake in Capitec Bank, or 13,190,043 ordinary shares.
5 richest bankers in South Africa
In the tapestry of South Africa’s economic success, these five individuals are beacons of ingenuity and expertise.
5 wealthy supermarket and retail chain owners in Africa
Their prowess has not only caught the attention of Western retailers seeking new avenues for growth but has also steered the course of Africa’s retail evolution.
Sim Tshabalala: South African banker with $5.2 million in Standard Bank shares
Tshabalala is more than a banker; he is a visionary whose life journey encapsulates the spirit of possibility.
South African billionaire Ivan Glasenberg’s fortune slumps by $490 million
Glasenberg presently occupies the 275th spot on the list of the world’s wealthiest individuals, according to the Bloomberg Billionaires Index.
Hitesh Anadkat, one of Malawi’s richest men, rakes in $170 million from FMB Capital stake
Anadkat holds an impressive 35.51-percent stake in FMB Capital, or 872,924,575 ordinary shares.
Glencore, led by South African exec Gary Nagle, unveils $1.2-billion share buyback
Under the leadership of CEO Gary Nagle, who holds a 0.016-percent stake in the Swiss mining giant, the purchased shares will be retained in the treasury.