South African billionaire Patrick Soon-Shiong’s net worth soars above $10 billion
Soon-Shiong’s financial resurgence throughout this year highlights his business skills and significant influence in healthcare and biotechnology.
Southern Africa
Hitesh Anadkat, one of Malawi’s richest men, gains $9.7 million in 43 days
Anadkat holds an impressive 35.51-percent stake in FMB Capital Holdings.
7 companies linked to Namibian businessman Koos Brandt
With an $87.2-million stake in Capricorn Group, Brandt’s astute investments make him the richest investor on the Namibia Stock Exchange.
South African exec Iolanda Ruggiero earns $1.1-million salary from Nedbank in 2022
In 2022, Ruggiero received a notable compensation package of $1.1 million, reflecting a 13.31-percent increase from the previous year.
Johann Rupert reemerges as Africa’s richest man in latest Forbes ranking
While Forbes positions Rupert as the richest man in Africa, with a net worth of $10.2 billion, Bloomberg’s estimations paint a different picture.
Kanye West issues apology for anti-Semitic comments following $1.6-billion wipe-out
In October 2022, West faced backlash on social media as Instagram, owned by Meta Platforms Inc., and Twitter, now X, removed anti-Semitic posts from his accounts.
South African business executive Neal Froneman gains $3.4 million in 36 days
Sibanye-Stillwater has experienced a remarkable surge in recent months.
7 companies owned by Botswana businessman Jonathan Gibson
As a leader and advocate for responsible tourism, Gibson’s legacy extends beyond financial success, encompassing wildlife conservation and community empowerment.
South African billionaire Ivan Glasenberg faces $254-million wealth loss in 2023
The $254-million year-to-date decline in his wealth is attributed to the sustained dip in the market value of his stake in Glencore.
7 assets owned by South African real estate tycoon Kiriakos Anastasiadis
Dive into his vast real estate portfolio, including the iconic Mall@Reds, transformative Trade@55, and innovative Hey Joe Brewing Company.
South African billionaire Koos Bekker loses $67 million in 41 days
Bekker’s stake in Naspers valued at $315.8 million on Nov. 15, have declined to $248.86 million at the time of writing.
South African executive Anthony Leeming guides Sun International into new era
Under Leeming, Sun International has seen a remarkable increase in its share price, with its market cap. exceeding $570 million.
5 companies owned by South African media magnate Terrence Moolman
His astounding rise from an entry-level position to a key figure in the media tells a story of resilience, determination, and commitment.
Meet South African tycoon Siza Mzimela: The first Black woman to start an airline
Mzimela’s audacious step into entrepreneurship came in 2015 when she founded Fly Blue Crane.
South Africa’s second-richest man Nicky Oppenheimer hits $1.7 billion in gains in 2023
His fortune has climbed from $8.03 billion to $9.75 billion since Jan. 1.
Patrice Motsepe-linked bank targets $4.9 billion in unclaimed benefits in South Africa
Motsepe-backed TymeBank targets unclaimed benefits, fueling its drive to dominate South Africa’s financial landscape.