Roz Brewer, one of world’s highest-ranking Black executives, loses $3.7 million
Brewer made history on March 15, 2021, becoming the first Black executive to helm an S&P 500 company as CEO of Walgreens Boots Alliance
South African-born billionaire Patrick Soon-Shiong YTD gains surpasses $1 billion
Soon-Shiong’s 80 percent ImmunityBio stake powers billion-dollar resurgence.
South African exec Anton Gildenhuys earns $1.1-million salary from Sanlam
Gildenhuys has been the CEO of Sanlam Retail Affluent since Sept. 14, 2020.
9 companies owned by Moroccan businesswoman Salwa Idrissi Akhannouch
Each company not only reflects her strategic brilliance but also embodies her commitment to diversity, excellence, and positive global change.
5 companies owned by Ethiopian businessman Tewodros Ashenafi
Forbes acknowledged Ashenafi’s financial prowess in 2017, listing him among the wealthiest individuals in Ethiopia.
South African tycoon Andre Du Plessis gains $17.33 million as Capitec shares soar
This significant increase in Du Plessis’s stake solidifies his position among the wealthiest investors on the Johannesburg Stock Exchange.
One of Malawi’s richest men, Thom Mpinganjira loses $13 million in 83 days
Mpinganjira, founder of the FDH Bank, owns a 40.7-percent indirect stake in the Blantyre-based lender.
Africa’s first Black billionaire Patrice Motsepe hit by $100-million loss in 8 days
Motsepe became the continent’s first Black billionaire in 2008 thanks to a fortune amassed in the mining industry through ARM.
Cameroonian entrepreneur Jean Lobe Lobe leads startup to raise $2.5 million
Lobe founded the Cameroonian e-health startup in 2020 with the aim to connect the African health ecosystem and make health services and information available.
South Africa’s second-richest man gains $750 million in November
With his fortune pegged at $9.33 billion, Oppenheimer now ranks as the world’s 241st richest individual.
South African banker Anel Bosman earns $1.7-million salary from Nedbank in 2022
Bosman, a veteran in the banking industry, boasts decades of experience in South Africa’s financial services sector.
Nigerian tycoon Atedo Peterside loses $1.6 million from Stanbic IBTC stake
Peterside is a key figure in the Nigerian banking industry.
Tunisian tycoon Moncef Mzabi gains $3 million from ARTES stake
Mzabi owns 24.8 percent of Automobile Reseau Tunisien et Services (ARTES), which translates into 9,370,387 ordinary shares.
Egypt’s second-richest man Naguib Sawiris’ net worth surpasses $6 billion
With a net worth which amounts to $6.06 billion, Sawiris now ranks as the world’s 416th richest man.
South African tycoon Kennedy Bungane-led African Bank nears 4-million-customer mark
Bungane underscores the audacity necessary to transition African Bank from a mono-line credit lender to a comprehensive retail and business bank.
Egyptian billionaire Youssef Mansour gains $200 million in 3 days
The recent uptick in Youssef Mansour’s fortune can be attributed to the robust performance of his diversified portfolio of investments.