South African mogul Adrian Gore’s Discovery reports $172.4 million in half-year earnings
The group’s interim results for the first half of the 2024 fiscal year showcase a headline earnings figure amounting to $172.4 million.
The group’s interim results for the first half of the 2024 fiscal year showcase a headline earnings figure amounting to $172.4 million.
Despite the setback, Gore remains a prominent figure on the JSE and retains his position as one of South Africa’s wealthiest individuals and leading business executives.
Despite this setback, Gore maintains his status as a top figure among the richest investors on the JSE.
As the founder of Discovery Limited, Gore owns a 12.96-percent stake in the group, which amounts to 87,267,598 ordinary shares.
In a forthright address delivered during PSG Wealth’s Think Big webinar, Adrian Gore, the founder and CEO of Discovery Limited, emphasized the…
As the founder of the leading financial services group, Gore owns a 12.96-percent stake in Discovery, which amounts to 87,267,598 ordinary shares.
The reduction came despite company’s robust performance because Gore failed to achieve his personal performance benchmarks.
Gore holds an impressive 7.48-percent stake in Discovery, or 48,599,758 ordinary shares.
Discovery was founded in 1992 by Gore as a medical insurer.
As one of South Africa’s wealthiest individuals, Gore amasses most of his $500 million fortune through his 7.48-percent stake in Discovery.
Discovery Limited is a Sandton-based insurance conglomerate led by South African businessman Adrian Gore.
Discovery, led by Gore, plans to collaborate with power developers to establish wind and solar plants based on the aggregated demand.
Gore holds a significant 7.48-percent stake in Discovery, which amounts to 48,599,758 ordinary shares.
Gore, who founded Discovery in 1992 and ranks as one of South Africa’s richest businessmen, owns a 7.48-percent stake in the Sandton-based insurance giant.
Gore owns a 7.38-percent stake in Discovery, or 48,599,758 ordinary shares.
The recent surge in Gore’s wealth can be attributed to the renewed interest from investors on the Johannesburg Stock Exchange.