South African tycoon Barry Swartzberg rakes in $10-million gain on JSE
Swartzberg’s stake in Discovery has increased from $205.01 million on July 5 to $215.05 million.
Swartzberg’s stake in Discovery has increased from $205.01 million on July 5 to $215.05 million.
Swartzberg owns a 3.92-percent stake in the company, solidifying his position among South Africa’s most influential executives.
Swartzberg owns a 3.92-percent stake in the Sandton-based financial services group.
Swartzberg owns a 3.93-percent stake of the Sandton-based company.
Swartzberg is prohibited from selling the pledged shares.
Earlier, the founders sold off close to $4.86 million of their shares in the diversified multinational financial service group.
His partner Barry Swartzberg joined him in selling off a huge chunk of shares.