South African Saltzman family gains $15.7 million from Dis-Chem shares
This recent gain follows an earlier increase of $18.79 million between Sept. 13 and Oct. 26.
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Eswatini billionaire Nathan Kirsh overtakes Johann Rupert and Abdulsamad Rabiu to become Africa's 2nd richest person
Nathan Kirsh is selling Jetro Restaurant Depot to Sysco at a $29.1 billion valuation, a deal that adds at least $10 billion to the 94-year-old South African billionaire's fortune.
Netflix grants billionaire Strive Masiyiwa 654 stock options at $95.55 as Netflix trades near $980
Netflix has granted board director Strive Masiyiwa 654 non-qualified stock options at an exercise price of $95.55 per share, expiring April 2036.
SpaceX files for a June IPO targeting a $1.75 trillion valuation that would push Elon Musk toward trillionaire status
SpaceX has confidentially filed for an IPO targeting a $1.75 trillion valuation and a raise of up to $75 billion, which would be the largest public offering in history and push Elon Musk toward trillionaire status.
South African tycoon Robert Gumede faces R390 Million Covid-19 PPE fraud claim amid Tongaat Hulett bid
South African billionaire Robert Gumede is pursuing a takeover of Tongaat Hulett through Vision Sugar while facing a R390 million Special Tribunal claim that he masterminded a Covid-19 PPE price-gouging scandal involving SAPS.
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African Wealth Briefing — Sat., April 4, 2026
SpaceX files for a $1.75 trillion IPO that could make Musk a trillionaire, Gumede faces a R390 million fraud claim amid his Tongaat bid, McKorley loses his Kotoka terminal in a midnight raid, and Rabiu slips to fourth richest in Africa after Kirsh's $29 billion Sysco deal.
Ghanaian mogul Ibrahim Mahama's jet departs for air ambulance conversion
Ibrahim Mahama's Bombardier 604 jet, known as the Dzata aircraft, departed Ghana on April 3 for conversion into a free emergency air ambulance for all Ghanaians.
Jet Linx introduces new owner aircraft exchange to eliminate downtime for aircraft wwners
Jet Linx has launched the Owner Aircraft Exchange, a new program that gives managed fleet owners access to replacement jets at cost during unscheduled maintenance events.
Nigerian billionaire Abdul Samad Rabiu drops to 4th on Africa rich list after Nathan Kirsh deal
Abdulsamad Rabiu has fallen to fourth among Africa’s richest people after Nathan Kirsh’s multibillion-dollar Sysco deal sharply lifted his fortune.