Billionaires.Africa proudly presents an exclusive insight into the financial elite shaping Namibia’s economic landscape.
Leveraging data gathered from S&P Global Market Intelligence and publicly available documents and disclosures, we bring you a comprehensive list of the ten richest individuals on the Namibia Stock Exchange (NSE).
The valuation of their substantial stock holdings is based on the closing prices as of November 10, converted into U.S. dollars using prevailing exchange rates. It is crucial to emphasize that Billionaires.Africa’s rankings focus on individual ownership rather than multi-generational family wealth.
In instances where the distribution of wealth within siblings or couples remains unclear, we attribute the fortune to the most prominent and visible family member. This ensures a nuanced understanding of the individuals driving Namibia’s financial prosperity.
1. Koos Brandt
- Portfolio value on NSE: $84.9 million
- Holdings: Capricorn Group
- Koos Brandt, the visionary founder and former chairman of Capricorn Group, commands the apex of the Namibia Stock Exchange with a portfolio value of $84.9 million on the NSE. Capricorn Group, a financial juggernaut specializing in banking, insurance, and finance, boasts Brandt’s substantial 18.52-percent stake.
2. Quinton Van Rooyen
- Portfolio value on NSE: $27.1 million
- Holdings: Trustco Holdings
- Quinton Van Rooyen, the dynamic force behind Trustco Group Holdings, boasts a portfolio value of $27.1 million on the NSE. As the founder of this Southern African financial services powerhouse, his dominion spans banking, finance, insurance, and asset management, with an authoritative ownership stake of 63.94 percent.
3. Christiaan Lilongeni Ranga Haikali
- Portfolio value on NSE: $8.4 million
- Holdings: Firstrand Namibia
- Christiaan Lilongeni Haikali, known for his role as the President of the Namibia Football Association, assumes the position of Non-executive Director at Firstrand Namibia. His holdings in this esteemed financial services firm amount to a respectable 1.16 percent, valued at $8.4 million.
4. Rolf Mendelsohn
- Portfolio value on NSE: $4.2 million
- Holdings: Paratus Namibia Holdings
- Rolf Mendelsohn, co-founder of Paratus Namibia Holdings, a renowned internet and communications provider, stakes a claim of 12.53 percent in the company, amassing a portfolio value of $4.2 million on the NSE.
5. Bartholomeus Roelof Harmse
- Portfolio value on NSE: $2.4 million
- Holdings: Paratus Namibia Holdings Limited
- Bartholomeus Roelof Harmse, the co-founder of Paratus Namibia, an influential internet service provider, possesses a notable 7.15-percent ownership stake, translating to $2.4 million.
6. Marthinus Prinsloo
- Portfolio value on NSE: $2.2 million
- Holdings: Capricorn Group
- At 50 years of age, Marthinus Prinsloo holds the mantle of group managing director at Capricorn Group. His ownership stake in the company amounts to 0.47 percent, translating to a portfolio value of $2.2 million on the NSE.
7. Gerard de V. Tromp
- Portfolio value on NSE: $2.07 million
- Holdings: Nictus Holdings
- Gerard de V. Tromp is a co-founder of Nictus Holdings, a thriving business engaged in retailing motor vehicles, tires, and furniture in Namibia. His significant 31.37-percent ownership places his portfolio value on the NSE at $2.07 million.
8. Philippus de W. Tromp
- Portfolio value on NSE: $2.07 million
- Holdings: Nictus Holdings
- Philippus de W. Tromp, brother of Gerard de V. Tromp and a fellow co-founder of Nictus Holdings, presides as the CEO of the company. His stake matches that of his sibling, at 31.37 percent, and his portfolio value on the NSE at $2.07 million.
9. Schalk van Zyl Erasmus
- Portfolio value on NSE: $1.8 million
- Holdings: Paratus Namibia Holdings Limited
- Schalk van Zyl Erasmus, the COO of Paratus Namibia Holdings Limited, is the steward of a substantial 5.38-percent ownership in the company, resulting in a portfolio value of $1.8 million on the NSE.
10. Gida Nakazibwe-Sekandi
- Portfolio value on NSE: $0.89 million
- Holdings: Capricorn Holdings
- Distinguished Namibian lawyer Gida Nakazibwe-Sekandi holds a 0.2-percent stake in Capricorn, presently valued at $0.89 million. Her influence extends to a seat on the company’s board of directors.
