In a remarkable display of wealth accumulation, South Africa’s second-richest man Nicky Oppenheimer has experienced a significant boost to his fortune. Over the past 21 days, his net worth has increased by $75 million.
According to Billionaires.Africa, Oppenheimer’s net worth has risen by $75 million, on top of a $700-million gain 21 days ago. This means his total wealth has increased by $775 million since the start of the year, reaching a whopping $8.8 billion.
This latest increase in his net worth has further solidified his position as one of the world’s wealthiest individuals.
Renowned for selling his family’s substantial 40-percent stake in De Beers, a leading diamond producer, to mining conglomerate Anglo-American in a massive $5.2-billion deal back in 2012, Oppenheimer has been an influential figure in the business world.
The success of his private equity investments managed through Stockdale Street in London and Tana Africa Capital in Johannesburg, has been a key driver behind his recent net worth growth.
Oppenheimer’s rise in wealth has also elevated his status on the global stage. He now claims the 233rd spot on the Bloomberg Billionaires Index, solidifying his position as one of the world’s financial elite.
Within his home country, South Africa, he ranks second in wealth, trailing only luxury magnate Johann Rupert, who holds a significant stake in Swiss luxury goods company Richemont.
Beyond his remarkable business ventures, Oppenheimer is a passionate advocate for wilderness conservation. Alongside his son, Jonathan, he co-owns Tswalu Kalahari, the largest private game reserve in South Africa.Â
Oppenheimer takes pride in owning the 65,000-hectare Shangani Ranch, a vital migration route for animals that has gained recognition as a wildlife sanctuary.
The ranch’s operations have also significantly contributed to the region’s economy, employing a workforce of 400 people and facilitating beef exports to the United Kingdom.
With his recent wealth gains and ongoing dedication to wildlife preservation, Oppenheimer continues to make headlines both in the business world and in the realm of philanthropy.
His financial prowess and commitment to sustainability mark him as a true force to be reckoned with, ensuring his prominence in South Africa and beyond.
