Tag: African Billionaires

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Egyptian banker Karim Awad drives EFG Hermes to success: Q1 profits exceed $30 million

The group’s impressive financial performance underscores its position as a leading financial institution in the region.

Jit Bhattacharya’s BasiGo to roll out 16 EV charging stations in Nairobi

The announcement was made during the launch of the firm's first-ever public charging station in Nairobi.

Kenya’s Ndegwa family overtakes Kenyattas, takes center stage as NCBA’s top shareholder

The Ndegwa family has strengthens its position in NCBA Group.

Tyler Perry faces off against 50 Cent, Shaq, Diddy in battle for $3-billion BET business

Perry expands involvement in BET acquisition amidst speculation of collaborations with prominent figures.

South African-born billionaire Patrick Soon-Shiong’s fortune plunges by $1.1 billion in 16 days

Soon-Shiong's net worth plunges by $1.1 billion due to the declining value of ImmunityBio shares.


Africa’s richest man adds $769 million to fortune in 24 hours; net worth surpasses $21 billion

President Tinubu’s bold policies propel the Nigerian Equities Market, catapulting Africa's richest man Aliko Dangote’s fortune

America’s richest black billionaire Robert F. Smith maintains top spot with $12 billion net worth

Robert F. Smith, America's richest black billionaire holds firm to top spot with a whopping $12 billion net worth

Nigeria’s richest banker Jim Ovia rakes in $26 million in single day as NGX soars

This recent surge has further solidified Ovia's position as one of the most affluent investors on the Nigerian Exchange.

Zimbabwe’s richest man Strive Masiyiwa sees net worth decline by $100 million

Despite the recent setback, Masiyiwa's net worth is still up by a remarkable $900 million since the start of the year.