The decline in Karp’s wealth can be directly attributed to the sudden slump in the market value of his 2.63-percent stake in …
African Billionaires
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This recent surge in Awele Elumelu’s stake further solidifies her position as one of the top investors on the Nigerian Exchange.
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Ezz, a leading Egyptian industrialist, owns a 60.7-percent stake in Ezz Steel, equating to 329,816,198 shares in the steel behemoth.
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Beyond his executive and governance roles, Molapisi also holds a minority stake in MTN, owning 0.0029 percent of the leading telecom company.
- West & Central Africa
Nigerian tycoon Tony Elumelu’s UBA launches $6-billion initiative to support African SMEs
United Bank for Africa Plc, the pan-African financial services group led by Nigerian tycoon Tony Elumelu, has unveiled a $6-billion initiative.
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This recent surge in Peterside’s stake further solidifies his position as one of the richest bankers in the country.
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Wainwright’s dedication and strategic vision have undoubtedly contributed significantly to Investec’s continued success.
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Billionaires.Africa has tracked Usher Raymond IV’s business ventures, revealing his ownership in seven companies.
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In 2001, Johnson made history by selling BET to Viacom for an astonishing $3 billion, making him the first Black billionaire.
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Despite these setbacks, Bekker remains one of the most affluent billionaires in Africa, boasting a net worth of $2.3 billion.