Firm led by America’s richest Black man set to reap billions from Stats Perform sale
Under Smith, Vista Equity has realized remarkable gains, totaling a substantial $14.3 billion through monetization activities since 2021.
10 companies owned by Tanzanian multimillionaire Said Bakhresa
Bakhresa, one of East Africa’s richest men, started his billion-dollar empire with a humble restaurant selling baked goods.
5 businesses owned by Nigerian multimillionaire Michael J. Prest
The narrative of African commodity trading is incomplete without mentioning the influence of Prest.
7 businesses owned by Rick Ross
Ross, the Clarksdale, Mississippi-born hip-hop icon, is a successful businessman in his own right with numerous businesses in his kitty.
South African exec Kenny Fihla earns $2.4-million salary from Standard Bank
Fihla’s 2022 compensation package marked an impressive 11.5-percent increase over the previous year’s reward of $2.2 million.
South African tycoon Christopher Seabrooke loses $3.8 million from Sabvest stake
Seabrooke holds a 40.61-percent stake in Sabvest Capital, a Sandton-based investment holding.
Meet the Swiss billionaire private jet heiress who built a sanctuary in Mozambique
Princess Nina of Greece and Denmark, the daughter of Swiss billionaire private aviation entrepreneur Thomas Flohr, is the owner of Kisawa.
7 companies owned by Master P
Master P is one of the most successful African-American rappers and entrepreneurs of all time.
7 companies owned by South African businessman Adrian Gore
As one of South Africa’s wealthiest individuals, Gore amasses most of his $500 million fortune through his 7.48-percent stake in Discovery.
South African executive Gus Attridge loses $27.3 million in 43 days
Attridge, Aspen’s group chief advisor, owns a 4.26-percent stake in the pharmaceutical company.
5 businesses owned by Steve Harvey
Through his VC firm, Harvey Ventures, Harvey has invested in over a dozen companies, including Coinbase, Stripe, and Airbnb.
South African billionaire Patrice Motsepe’s ARC Investments increases portfolio value
Motsepe, South Africa’s richest black person, owns a 27-percent stake in African Rainbow Capital Investments.
Egyptian billionaire Ghabbour family suffers $26-million loss
Despite the recent downturn, the Ghabbour family remains one of the richest investors on the Egyptian stock exchange.
South African tycoon Jens Montanana’s stake in Datatec slumps by $3.9 million
Montanana owns a 14.06-percent stake in Datatec.
Swazi billionaire Natie Kirsh’s net worth exceeds $7 billion, gaining $330 million
Kirsh’s net worth has surged by $330 million in a span of 39 days, climbing from $6.93 billion on Aug. 6 to a staggering $7.26 billion on Sept. 14.
Tunisian tycoon Moncef Mzabi hit by $4-million loss from Artes stake
Mzabi owns a 24.8-percent stake in ARTES, translating into 9,370,387 ordinary shares.