Moroccan tycoon Lamia Tazi suffers $10.3-million loss from Sothema stake
Tazi owns a substantial 8.4-percent stake in Sothema, translating to 605,030 shares in the leading healthcare company.
Temitope Lawani-linked Vivo Energy to expand LPG business in Mayotte with Somagaz deal
Vivo Energy is partially owned by Lawani, the co-founder and managing partner of Helios Investment Partners.
Nigerian billionaire Tony Elumelu’s Heirs Oil & Gas rebrands
Heirs Energies is a subsidiary of Heirs Holdings, an investment company that manages Elumelu’s and his family’s wealth.
South Africa’s second-richest man Nicky Oppenheimer gains $100 million in October
The recent $100-million surge in Oppenheimer’s wealth, has now pushed his year-to-date wealth gains to $925 million.
South African banker Harry Kellan earns $2.1-million salary from FirstRand in 2023
In addition to his executive and governance responsibilities at FirstRand, Kellan holds a beneficial 0.04-percent stake in the financial services giant.
5 companies owned by Kenyan multimillionaire Narendra Raval
Billionaires.Africa has identified five companies owned by Raval.
5 companies owned by America’s fourth-richest Black woman Janice Bryant Howroyd
As the fourth-wealthiest Black woman in America, Howroyd boasts a $600-million net worth.
7 businesses owned by T.I.
Atlanta rapper T.I has a presence in sectors such as nightlife, food service, and construction, not to mention his foundational record label, Grand Hustle.
Firm led by America’s richest Black billionaire acquires stake in London-based tech firm
Vista Equity Partners, founded in 2000 by Smith, has rapidly emerged as a dominant force in the technology sector.
Kenyan tycoon James Mwangi’s gains $1.2 million from Equity Group stake
Equity Group has become a dominant force in East and Central Africa under the leadership of Mwangi, who owns 3.38 percent of the group.
South African entrepreneur Paul Saad-led brand extends reach with new Cape Town store
Futurelife was founded in 2007 by Saad, the brother of South African billionaire Stephen Saad, who serves as the CEO of Aspen Pharmacare Holdings.
5 companies owned by Nelly
Billionaires.Africa turns the spotlight on five companies directly owned by Nelly, revealing the vast empire that bolsters his net worth.
4 businesses owned by Ludacris
Champaign, Illinois-born rapper Ludacris owns a record label, a highly-rated restaurant, and a cognac brand among other things.
Beyonce earned $145 million from Renaissance Tour during the Summer — Forbes
Beyonce smiled to the bank as her Renaissance Tour grossed $460 million during the summer, and earned her $145 million.
5 companies owned by Timbaland
Timbaland’s business ventures reflect his genius, both within and beyond the music industry.
4 businesses owned by Lizzo
Lizzo owns Yitty, a shapewear brand as a record label, touring company and a stake in Hydrow, a maker of at-home rowing machines.