South African billionaire Christo Wiese makes $122 million from Shoprite shares
Wiese owns an 11.5-percent stake in the leading supermarket chain, or 68,083,200 ordinary shares.
Southern Africa
5 companies owned by one of South Africa’s wealthiest women, Wendy Appelbaum
Appelbaum, a stalwart in South African business and philanthropy, is not only one of the country’s wealthiest women but a catalyst for positive change.
Zimbabwean tycoon July Ndlovu-led Thungela slashes coal production amid rail crisis
The reduction, revealed on Wednesday, is attributed to persistent challenges in the country’s freight rail services.
7 companies owned by South African tycoon Jonathan Jawno
With strategic investments in diverse sectors, Jawno’s influence extends to companies like African Phoenix Investments and Stratvest Holding,
South African-born billionaire Patrick Soon-Shiong loses $550 million in 16 days
With his present $9.45-billion fortune, Soon-Shiong retains his position as one of Africa’s leading billionaires.
Led by South African tycoon Giovanni Ravazzotti, Italtile faces 2.9-percent sales dip in 5 months
Earlier this year, Ravazzotti, recognized as one of South Africa’s wealthiest and most influential business figures, received a substantial windfall of $5.03 million in dividends.
5 companies owned by South African tycoon Laurie Dippenaar
As a strategic force shaping FirstRand and its diverse subsidiaries, Dippenaar’s legacy extends beyond wealth accumulation to impactful philanthropy.
South African billionaire Nicky Oppenheimer eyes $9.5-billion fortune as wealth soars
With his current fortune of $9.43 billion, Oppenheimer now claims the 231st spot on the global list of the wealthiest individuals.
South African-born tycoon Barry Stuhler makes $12.6 million from Lighthouse
Stuhler owns a 9.72-percent stake in Lighthouse Properties, which amounts to 172,699,222 ordinary shares in the company.
South African tycoon Jonathan Jawno rakes in $5 million from stake in Transactional Capital
Jawno, a founding member of Transaction Capital, owns a 9.59-percent stake in the group.
South African billionaire Ivan Glasenberg’s fortunes soars by $230 million in 3 days
With the recent surge in his net worth, Glasenberg presently ranks as the 275th richest individual in the world.
African billionaires’ families absent from global top 25 richest families ranking
As the Al Nahyan family claims the top spot with a $305-billion fortune, the absence of African billionaire families highlights the stark disparities in wealth accumulation.
South African entrepreneur Wendy Appelbaum shakes up business and philanthropy in South Africa
Wendy Appelbaum, a prominent South African entrepreneur and philanthropist, is recognized as one of the wealthiest and most influential women in Africa.…
South African tycoon Des de Beer moves $16.4 million in Lighthouse shares to private firm
This signifies an internal restructuring within the Des de Beer family’s investment portfolio, leaving his indirect beneficial interest in Lighthouse unchanged.
South Africa’s richest man Johann Rupert gains $400 million in 9 days
With his latest net worth increase, Rupert has cemented his status as South Africa’s richest individual, maintaining his edge over Nicky Oppenheimer.
South African tycoon Laurie Dippenaar rakes in $15 million in just 18 days
The $15.52-million bump in the market value of Dippenaar’s stake in FirstRand further cements his position as one of South Africa’s richest businessmen.