South African banker Charles Russon’s salary at Absa amounts to $1.6 million
Russon owns a minority stake of 0.018 percent in Absa Group, which is presently valued at $1.42 million.
Indian billionaire Hinduja family vows to pour billions into Nigeria’s auto industry
The Indian Hinduja family, with a total wealth of £35 billion ($43.7 billion) as of May 2023, is the richest family in the United Kingdom.
South African billionaire Adrian Gore’s Discovery ventures into renewables
Discovery, led by Gore, plans to collaborate with power developers to establish wind and solar plants based on the aggregated demand.
5 companies owned by Beyonce
Beyonce is not only a global superstar but also a savvy businesswoman.
10 companies Jay-Z has owned
Over the last three decades, Jay-Z has built businesses across multiple industries and become one of the world’s richest men.
South African exec Funeka Montjane earns $2-million salary from Standard Bank
Montjane’s 2022 compensation package marked an impressive 9.47-percent increase over the previous year’s total reward.
Firm linked to Chris Kirubi’s heirs grants $1.3 million in loans to Kenyan civil servants
Centum Investment is an East African-focused investment firm controlled by the family of the late Kenyan tycoon Chris Kirubi.
Billionaire Femi Otedola Applauds Lagos Governor over Light Rail Completion
Femi Otedola is the Chairman of Geregu Power Plc
Sean ‘Diddy’ Combs returns rights worth millions to artists and songwriters
Bad Boy Entertainment, founded by Combs in 1993, soared to prominence during the 1990s.
5 companies owned by LeBron James
In 2023, James became the first active NBA player in history to hit a net worth surpassing $1 billion.
Hip-hop billionaire Jay-Z-backed Btrust acquires Qala, an African Bitcoin talent firm
Jack Dorsey and entertainment mogul Jay-Z established Btrust as an endowment dedicated to funding Bitcoin development initiatives.
South African banker Harry Kellan earns $1.9-million salary from FirstRand
In recent years, Kellan has become an indispensable figure within FirstRand’s executive team.
South Africa’s second-richest man Nicky Oppenheimer gains $250 million in 8 days
With his current fortune of $9.25 billion, Oppenheimer claims the 231st spot on the global list of the wealthiest individuals.
7 companies owned by Nigeria’s richest banker Jim Ovia
In the African financial world, Ovia stands tall as Nigeria’s richest banker and a leading figure in the country’s business landscape.
7 assets the late Egyptian billionaire Mohamed Al-Fayed owned
Al-Fayed, the one-time owner of the Harrods department store, passed away on the 30th of August at the age of 94.
South African tycoon Adrian Gore gains $36 million from investment in Discovery
Gore holds a significant 7.48-percent stake in Discovery, which amounts to 48,599,758 ordinary shares.