Tag: Aspen Pharmacare

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5 South Africans who founded billion-dollar pharma companies

Billionaires.Africa shines a spotlight on five South African trailblazers who have propelled South Africa onto the global stage of medical innovation.

Gus Attridge gains $55 million from investment in Aspen

Attridge, Aspen’s group chief advisor who ranks as one of South Africa’s richest businessmen, owns a 4.26-percent stake in the pharma company.

South African billionaire-led firm to snap up Viagra and others for $280 million

Aspen Pharmacare is a branded pharmaceutical company.

South African billionaire Stephen Saad’s Aspen Pharma stake falls by $29 million in 27 days

Saad's stake in Aspen Pharma has fallen by $29 million as investors factor in the challenging operating conditions in the pharmaceutical industry.

South African billionaire Stephen Saad rakes in $132 million as Aspen shares skyrocket

With a net worth of $1.2 billion, Saad's 12.5-percent stake in Aspen Pharmacare accounts for a significant portion of his wealth.


South African tycoon Tshepo Mahloele hits jackpot, gains $39 million from Capitec

Mahloele holds a 7.26-percent indirect stake, translating to 8,409,802 ordinary shares in Capitec Bank through Lebashe Holdings.

Nigerian billionaire Mike Adenuga’s oil firm to distribute $2.2-million dividend to shareholders

Under the astute leadership of Adenuga, Conoil has solidified its position as a dominant force in Nigeria's petroleum marketing industry.

Moroccan pharma tycoon Lamia Tazi suffers $3-million loss from Sothema stake

Tazi, the CEO and chairperson of Sothema holds a substantial 8.4-percent stake in the leading healthcare company.

Gilbert Chagoury: Controversial billionaire awarded contract to construct Lagos-Calabar Coastal Highway

Back in 1971, Gilbert Chagoury and his younger brother, Ronald Chagoury, set the stage for their remarkable journey by founding the Chagoury Group.