Zimbabwean tycoon Paddy Zhanda amasses $2.17-million fortune in less than two months of 2023
Zhanda owns a significant 8.08-percent beneficial stake in Masimba Holdings.
Southern Africa
Zimbabwean mogul John Moxon gains $6.4 million in under 60 days from stake in Meikles
Moxon ranks as one of the richest businessmen in Zimbabwe.
Swazi billionaire Natie Kirsh’s net worth takes sharp dive, losing $290 million in just 40 days
Kirsh’s net worth has dropped from $7.61 billion to $7.32 billion.
South African billionaire Christo Wiese-linked Steinhoff settles multi-million dollar lawsuit with Austrian firm
In 2017, Wiese was Steinhoff’s largest shareholder.
South African-born billionaire Patrick Soon-Shiong’s ImmunityBio executes $50-million equity financing
Soon-Shiong owns a 76-percent stake in ImmunityBio, a late-stage immunotherapy company.
South African mogul Adrian Gore’s Discovery suffers 10-percent decline in earnings
Gore owns a sizable 7.48-percent stake in Discovery Limited.
Rihanna’s next billion-dollar move: The cosmetics mogul sets sights on new ventures to boost Fenty Brand
Rihanna is not resting on her laurels.
South African tycoon Neal Froneman’s Sibanye-Stillwater to acquire Australia’s New Century for $83 million
Froneman holds a 0.074-percent ownership stake in Sibanye-Stillwater.
South African billionaire Koos Bekker’s Naspers backs startup in $100-million raise
Bekker’s 0.96-percent Naspers stake is valued at $740 million.
Namibian businessman Koos Brandt rakes in nearly $4 million from Capricorn share
The market value of Brandt’s stake in Capricorn has risen by $3.96 million this year.
South African billionaire Patrice Motsepe donates $1.64 million to assist students struggling with debt
Motsepe is a prominent figure in Africa, renowned as both a top philanthropist and a billionaire.
South African tycoon Stephen Brookes’ Balwin Properties announces secondary listing on A2X Markets
Brookes owns a 36.08-percent stake in Balwin Properties.
South African billionaire Michiel Le Roux loses $104 million in 38 days from Capitec stake
Le Roux is a 73-year-old South African billionaire and co-founder of Capitec Bank.
South African billionaire Patrice Motsepe’s net worth slumps by $400 million
Motsepe owns 39.7 percent of ARM.
South Africa’s richest man Johann Rupert has gained $1.69 billion so far this year
Rupert derives most of his wealth from his 9.14-percent stake in Richemont.
Steven Bartlett, one of Europe’s most influential entrepreneurs, is investing $100 million in female-founded firms
In 2022, Bartlett made history as the youngest-ever Dragon on BBC’s hit show, “Dragon’s Den.”