Kirsh’s net worth bounces back by $460 million after a multimillion-dollar slump earlier this year.
Omokolade Ajayi
Omokolade Ajayi
Omokolade Ajayi is a financial reporter at Billionaires.Africa. Previously, he worked as a journalist at Nairametrics. Omokolade is a seasoned financial analyst and reporter with in-depth knowledge of and expertise in equity markets, and financial and economic analysis. He has a degree in economics and is a certificate holder of the CFA Institute’s Investment Foundation Program.
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Meet Robert L. Johnson, the first Black billionaire; he ushered in a new era for Black entrepreneurs
As the founder and former chairman of BET, Johnson built America’s first Black-owned cable television network.
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Mansour sees gains from stake in Palm Hills Developments, with shares increasing by 20.86 percent.
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Adidas proves it can thrive without Kanye West, set to sell $1 billion worth of Yeezy shoes
Adidas will sell $1 billion worth of Yeezy shoes made with Kanye West.
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Motsepe’s net worth falls by $800 million as African Rainbow Minerals shares decline.
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Nigerian oil tycoon Abdulwasiu Sowami completes acquisition of Ardova, pays Femi Otedola $19 million
In 2020, Sowami acquired a controlling stake in Forte Oil from Otedola’s Zenon Petroleum and Gas Limited.
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Michael Lee-Chin, one of the world’s Black billionaires, sells megayacht for $362 million
Lee-Chin has also put his luxurious mansion, Coconut Walk Private Estate, up for sale for $35 million.
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The transaction has increased Wigwe’s stake in Access Holdings from 9.19 to 9.62 percent.
- West & Central Africa
Femi Otedola’s siblings, Ayokunle and Rotimi, acquire additional $2 million stake in Geregu
Geregu Power is a leading power-generating company led by Femi Otedola, one of Africa’s richest billionaires.
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The recent ruling means that Kaluworks must pay the demanded amounts for corporate tax and VAT.