Africa’s first Black billionaire Patrice Motsepe gains $200 million in 19 days
Motsepe remains one of Africa’s wealthiest businessmen and retains the title of the richest Southern African Black billionaire.
Southern Africa
South African tycoon Neal Froneman’s Sibanye-Stillwater among potential buyers for Zambia’s Mopani Copper Mines
Froneman confirmed the company’s interest in acquiring Mopani, expressing a long-term investment outlook.
Zimbabwe’s richest man Strive Masiyiwa faces $400-million net worth plunge in single month
Despite this recent setback, Masiyiwa remains Zimbabwe’s richest man and also one of the world’s richest Black people.
South African tycoon Piet Mouton gains $59.1 million as Capitec Bank shares skyrocket
After suffering significant losses earlier this year, Mouton has bounced back with an impressive gain of $59.1 million in just 19 days.
Four assets that make South African billionaire Johann Rupert Africa’s richest man
With an impressive global ranking of 145 among the world’s wealthiest people, Rupert has constructed a diverse investment portfolio.
CEO of Africa’s largest publicly listed firm gains $5.48 million in just 18 days
Over the past 18 days, van Dijk’s holdings surged by an impressive $5.48 million, according to data tracked by Billionaires.Africa.
South African billionaire Johann Rupert is now Africa’s richest man, according to Forbes
According to Forbes, Rupert has ousted Aliko Dangote to become Africa’s richest man.
South African tycoon Adrian Gore racks up nearly $50 million in just 16 days
Gore, the founder of Discovery, is recognized as one of South Africa’s richest investors and businessmen.
South African tech mogul Jens Montanana gains $17.6 million from Datatec stake
Montanana holds a 14.06-percent stake in the multinational technology company.
Prosus N.V., led by South African billionaire Koos Bekker, braces for profit slump
Founded in 1997 under Bekker’s leadership, Prosus has grown into one of the world’s largest technology investors.
South African tycoon Zak Calisto to receive $17.3-million in dividends from Karooooo
Calisto is the founder of Karooooo, a company that provides real-time mobility data analytics solutions for smart transportation.
South Africa’s second-richest man Nicky Oppenheimer gains $120 million in 19 days
The recent increase in Oppenheimer’s net worth can be attributed to the performance of his private equity investments.
South African tycoon Sipho Maseko hits roadblock as Telkom rejects latest bid
Last week, Maseko supported by the Public Investment Corporation, presented a bold bid to acquire a 35-percent stake in Telkom.
South African billionaire Christo Wiese secures green light for lawsuit to reclaim wine estate
This approval comes nearly two years after Wiese initiated legal proceedings against the disgraced tycoon.
South African billionaire Stephen Saad rakes in $132 million as Aspen shares skyrocket
With a net worth of $1.2 billion, Saad’s 12.5-percent stake in Aspen Pharmacare accounts for a significant portion of his wealth.
Hitesh Anadkat, one of Malawi’s richest men, amasses $91.8 million in 2023 from FMB Capital stake
Since the start of this year, Anadkat has amassed over $90 million through his shares in FMB Capital.