CEO of Africa’s largest publicly listed firm gains $5.48 million in just 18 days

Bob van Dijk, the accomplished Dutch business executive leading Naspers, Africa’s largest publicly listed company, has witnessed a remarkable increase in the market value of his stake in the company.

Over the past 18 days, van Dijk’s holdings surged by an impressive $5.48 million, according to data tracked by Billionaires.Africa.

Van Dijk, who assumed the additional role of Group CEO of Prosus during its listing on the Euronext Amsterdam stock exchange in September 2019, owns a 0.21-percent stake in Naspers, establishing himself as one of the top investors on the Johannesburg Stock Exchange.

Under his astute leadership, Naspers experienced extraordinary financial growth in the 2022 fiscal year, with profits skyrocketing by an astonishing 155 percent, reaching $18.54 billion, from $7.26 billion in 2021.

This impressive financial performance can be attributed to the $12.34 billion garnered from the partial disposal of two percent of Tencent’s total issued share capital. The influx of capital played a pivotal role in attracting new investors to the company.

Driven by sustained buying interest, Naspers’ shares on the Johannesburg Stock Exchange have witnessed significant growth since the beginning of the year.

Most recently, the company’s shares experienced an 8.35-percent surge, climbing from R2,976.8 ($163.8) on May 31 to R3,225.42 ($177.45) on June 18.

This surge translated into a substantial increase in the market value of Bob van Dijk’s holdings, rising by R99.63 million ($5.48 million) from R1.19 billion ($65.64 million) on May 31 to R1.29 billion ($71.12 million) on June 18.

Van Dijk’s shrewd investment decisions and strategic leadership have undoubtedly played a significant role in Naspers’ continued success and the enhanced value of his personal stake.

As Naspers continues to diversify its interests, including ventures in publishing, online retail, and venture capital investments in the consumer internet sector, the company’s strong financial performance and van Dijk’s unwavering leadership ensure a promising future for the African conglomerate.