This recent slump compounds a previous loss of $76 million recorded between April 8 and 11, when the market value of his …
"South African billionaire"
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With his Shoprite stake now reapproaching the $1-billion mark, Wiese remains a billionaire, with his net worth likely exceeding $1.2 billion.
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The $240-million decline is primarily attributed to the recent decrease in the market value of his 9.81-percent stake in Glencore.
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This increase underscores Saad’s significant influence in South Africa’s business landscape, elevating him among the top investors on the JSE.
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The family’s recent financial gains come after experiencing losses between March 22 and April 18, during which the family’s joint stake in …
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The recent uptick in his fortune can be attributed to the performance of his 11.39-percent stake in Capitec Bank.
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South African billionaire Michiel Le Roux’s Capitec Bank announces $20.37-million dividend payout
This dividend payout underscores Capitec Bank’s commitment to shareholder value creation.
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PSG Group is a holding company, with positions in banking, education, finance, and consumer goods. The South African Mouton family owns 24.5 …
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This gain solidifies Bekker’s position as a prominent South African business leader and a top investor on the JSE.
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South African billionaire Koos Bekker’s Naspers pumps $56 million into share buyback to boost shareholder value
Naspers stays bullish on the future, reaffirming its focus on boosting shareholder value through ongoing share buybacks.