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Adidas struggles to sell $530 million worth of sneakers after cutting ties with Ye’s Yeezy brand

Hot News Eduardo C. Serrano -
Ye's net worth has declined by $1.6 billion since Adidas severed ties with Yeezy brand.

African-American mogul Ye’s Yeezy brand owes $600,000 in unpaid state taxes

Hot News Eduardo C. Serrano -
Four of his bank accounts have allegedly been frozen on a $75-million hold.

African-American mogul Sean ‘Diddy’ Combs invests $2 million in Philly startup, REC

Hot News Feyisayo Ajayi -
Forbes estimated Diddy's net worth to be $740 million in 2019.

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7 companies linked to South African tycoon Sim Tshabalala

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Billionaires.Africa has discerned five enterprises in which Sim Tshabalala assumes directorial or executive responsibilities:

Dangote’s stepbrother, Sayyu Dantata, gains $2.4 million from MRS stake in 48 hours

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Sayyu Dantata owns an impressive 60 percent of MRS Oil Nigeria Limited, through his investment company, MRS Africa Holdings.

Firm linked to Africa’s first Black billionaire Patrice Motsepe to build $132-million solar plant

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Through African Rainbow Energy, Motsepe owns an indirect 40-percent stake in SOLA Group.

5 companies owned by Morgan Freeman

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Billionaires.Africa highlights five companies under Morgan Freeman's ownership, cementing his status as an entertainment and business titan.

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Namibian mogul Koos Brandt rakes in $7 million from Capricorn Group

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Koos Brandt is the largest individual shareholder in Capricorn Group, with an 18.52-percent stake

7 companies linked to South African tycoon Sim Tshabalala

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Billionaires.Africa has discerned five enterprises in which Sim Tshabalala assumes directorial or executive responsibilities:

Dangote’s stepbrother, Sayyu Dantata, gains $2.4 million from MRS stake in 48 hours

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Sayyu Dantata owns an impressive 60 percent of MRS Oil Nigeria Limited, through his investment company, MRS Africa Holdings.

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