Tag: African-American mogul

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

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

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

Forbes estimated Diddy's net worth to be $740 million in 2019.


7 companies linked to South African tycoon Sim Tshabalala

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

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

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

5 companies owned by Morgan Freeman

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