
Kenyan tycoon John Kimani faces $1.92 million loss on Kakuzi shares
Beyond Kakuzi, he holds a 5.21 percent stake in Centum Investments and 3.86 percent in Nation Media Group, spreading his bets across multiple sectors.
Beyond Kakuzi, he holds a 5.21 percent stake in Centum Investments and 3.86 percent in Nation Media Group, spreading his bets across multiple sectors.
This marks a staggering $400 million increase over the past year, driven by a diverse investment portfolio spanning sports, insurance, and consumer-facing businesses.
He stands alongside Michael Jordan, Magic Johnson, and LeBron James as one of the few NBA players to amass a billion-dollar fortune.
The rebranding reflects a future-focused vision built on a legacy of trust, resilience, innovation, and exceptional service.
His wealth has now climbed from $9.3 billion to $9.85 billion, adding to the $1.77 billion he gained in 2024.
The lawsuit states that the filmmakers acted with “reckless disregard” for the truth, choosing sensationalism over facts.
The announcement was made at the LEAP 2025 tech conference in Riyadh, which brought together participants from 18 countries.
With this latest boost, his year-to-date loss has narrowed to $461 million.
This latest funding follows a $700,000 pre-seed round in 2022 and a $2.6 million seed round in 2023, bringing Raenest’s total funding to $14.3 million.
While continuing its buyback program, Prosus is also looking ahead, with plans to invest nearly $20 billion in Europe.
The rebound follows a $22.6 million decline in his stake between January 7 and 19.
His net worth has climbed by $3 billion since the start of the year, rising from $7 billion.
Zenith Bank adds 9.67 billion shares on NGX, capital boost meets CBN requirement.
This follows Dangote Oil Refinery’s recent move to lower its ex-depot price by 6.3 percent, from N950 ($0.64) to N890 ($0.60), after a drop in global crude oil prices.
With his net worth now at $7.27 billion, Sawiris remains Egypt’s second-richest man, trailing his younger brother, Nassef Sawiris, who is worth $8.99 billion.
The refinery last month announced plans to construct eight new crude storage tanks to secure a stable supply of imported oil.