Christopher Seabrooke gains $11 million from Sabvest stake
This comes after a tough period earlier in the year when Seabrooke saw his wealth dip by $6.35 million due to a decline in the company’s stock price.
Centum, backed by Kirubi family, leads East Africa’s urban shift
Heading into its 2026 fiscal year, the company has firmly established itself as a major force in shaping the future of cities in Kenya and Uganda.
Kendrick Lamar makes history: $9 million from one night on stage
The Grammy- and Pulitzer-winning artist set the record at the Grand National Tour’s Minneapolis opener, co-headlining with SZA.
Craig Arnold, one of America’s Black CEOs, gains $32 million from Eaton’s shares
This uptick follows a notable decline in March, when Arnold’s stake dropped by $28.9 million, briefly reducing its market value to $201.88 million.
Beyoncé kicks off Cowboy Carter tour following $579 million Renaissance tour
Beyoncé integrates premium whisky brand, SirDavis, into tour branding, expanding her billion-dollar empire.
Jim Ovia’s stake in Zenith Bank rebounds above $150 million
Recent stock gains have boosted Ovia’s stake by $12 million, raising its value from $139.59 million to $151.48 million.
Sue Nabi, Algerian-born French beauty mogul, loses $21 million from Coty
This is linked to the recent decline in Coty’s share price on the New York Stock Exchange.
Sibanye, led by Neal Froneman, plans to shut loss-making assets
The company warned that its South African PGM operations may no longer be viable if prices don’t recover soon.
Nigerian-Lebanese billionaire Bassim Haidar backs Reform UK with $1.3 million
A longtime supporter of the Tories, Haidar is now backing Nigel Farage, whom he believes can restore the UK to its former glory.
Lamia Tazi gains $14 million from Sothema stake in 18 days
This upswing has further cemented her position among Morocco’s wealthiest individuals.
Stephen Saad’s Aspen faces $148.7 million contract dispute
Aspen shares dive 30% amid $148.7 million mRNA tech dispute, stoking investor fears over financial stability.
Gabriel Ogbechie’s Eterna stake declines by $6.3 million
In just two months, his holdings have lost N10.16 billion ($6.32 million) due to the recent decline in stock price.
Dominic Sewela's Barloworld $1.2 billion bid gets PIC backing
The PIC has pledged its support by agreeing to accept a standby offer for 41.6 million Barloworld shares, which translates to 21.93 percent of the company’s total issued shares.
Zak Calisto’s Karooooo stake gains $71.5 million in 15 days
Calisto’s 64.81% stake in Karooooo—about 20 million shares—has gained $71.5 million in market value over the past two weeks.
CIVH, backed by Johann Rupert’s Remgro, valued at $667 million
The decline has sparked debate, with Remgro recently valuing Maziv at $2.8 billion, outpacing even larger rivals like Telkom.
Vodacom, led by Shameel Joosub, poised for major comeback
The Johannesburg-listed telecom giant raised medium-term guidance, signaling a potential turnaround driven by gains in Egypt and fintech.