
Egyptian billionaire Ahmed Ezz loses $47 million in 16 days from Ezz Steel stake
Ezz owns a 60.7 percent of the company, or 329,816,198 shares, in the steel behemoth.
Ezz owns a 60.7 percent of the company, or 329,816,198 shares, in the steel behemoth.
This recent paper loss comes on the heels of the impressive $70-million gain he recorded between Oct. 27 and Nov. 14
Members of Morocco’s Alaouite royal family own a 46.5-percent stake in the financial services group through Societe Nationale d’Investissement.
The $15.52-million bump in the market value of Dippenaar’s stake in FirstRand further cements his position as one of South Africa’s richest businessmen.
Orjiako, a former director of the Lagos-based energy conglomerate, holds a 6.43-percent stake in Seplat Energy.
As one of the founders and former directors of the Lagos-based energy conglomerate, Avuru owns a significant 8.2-percent stake in Seplat Energy.
The upswing comes on the heels of a setback that led to Attridge recording a loss of $11.96 million between Oct. 2 and Oct. 26.
Ahmed El-Sewedy and his siblings, Sadek and Mohammed, hold a controlling and beneficial stake of 68.1 percent in Elsewedy Electric.
The $3.4-million surge in Ellison’s stake in Lowe’s further cements his status as one of the world’s highest-ranking Black CEOs.
Khalil owns a majority stake of 58.1 percent in Raya Holding — a total of 1,245,661,205 shares.
This reaffirms his position as one of Africa’s wealthiest technology entrepreneurs — it also highlights Karooooo’s position as a top-performing tech firm.
Ovia, a key figure in Nigeria’s banking industry’s evolution and digital transformation, founded Zenith Bank in 1990.
This recent surge solidifies Ndegwa’s position as one of Kenya’s wealthiest investors.
Custodian Investment surges 10 percent on NGX as market capitalization tops $55 million.
Adebutu, the founder of Nigeria’s oldest gaming company, Premier Lotto Limited, owns a 28.09-percent stake in Wema Bank through Neemtree Limited.
El-Sherbini owns a significant 26.71-percent stake in IDH — this translates to 160,250,305 ordinary shares in the company.