Stephen Brookes gains $1.8 million this year from Balwin stake
Since January 1, his stake has gained R32.63 million ($1.83 million), pushing his total stake above $22 million.
Since January 1, his stake has gained R32.63 million ($1.83 million), pushing his total stake above $22 million.
This follows earlier gains of $2.53 million between Oct. 3 and Nov. 1, when his holdings rose from $20.21 million to $22.73 million.
Stephen Brookes sees his Balwin Properties stake rise above $20 million amid a rally in the company's shares on the JSE.
Real estate mogul Stephen Brookes, the founder and the largest shareholder of Balwin Properties, owns 36.08 percent of the Johannesburg-based property developer.
Brookes, a South African real estate mogul and founder of Balwin Properties in 1996, remains the company’s largest shareholder, holding a 36.08-percent stake.
Since Jan. 31, the market value of Brookes’ stake in Balwin Properties has declined by $4.55 million, decreasing from $21.84 million to $17.29 million.
Brookes, a South African real estate mogul who founded Balwin Properties in 1996, owns a 36.08-percent stake in the company.
Brookes owns a 36.08-percent stake in Balwin Properties.
Brookes has seen the market value of his stake rise by $5.3 million in the past 26 days.
Brookes owns a 36.08-percent stake in Balwin Properties.
Balwin is a residential property developer of large-scale estates for South Africa’s low-to-middle-income population.
The South Africa-based property developer delivered double-digit growth in earnings.