Tag: Bloomberg Billionaire Index

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South African billionaire Ivan Glasenberg’s fortune slumps by $490 million

Glasenberg presently occupies the 275th spot on the list of the world's wealthiest individuals, according to the Bloomberg Billionaires Index.

Africa’s first Black billionaire Patrice Motsepe hit by $200-million loss

The decline in Motsepe's net worth can be attributed to the downturn in the market value of his 39.7-percent stake in African Rainbow Minerals.

South Africa’s second-richest man Nicky Oppenheimer nears $10-billion net worth, surpasses $1.3-billion YTD gains

The driving force behind Oppenheimer's wealth gains lies in his private equity investments.

Egyptian billionaire Naguib Sawiris’ net worth bounces back above $6 billion

The surge comes as a welcome development for Sawiris after witnessing a dip in his wealth below $6 billion earlier this month.

Firm linked to son of America’s second-richest Black man inks million-dollar deal with Nickelodeon

David Steward II, son of America's second-richest Black man, founded Lion Forge Animation in 2019.


South African banker Alan Pullinger’s salary at FirstRand amounts to $2.7 million in 2023

Pullinger’s ascent to the CEO role in 2018 came after three years as deputy CEO of FirstRand, a position he assumed in October 2015.

Khaby Lame emerges as one of 2023’s top earners, amassing $16.5 million

Lame's claim to fame revolves around his unique comedy skits that humorously debunk overly complex “life hacks” entirely without uttering a word.

4 companies owned by Kendrick Lamar

Beyond his groundbreaking contributions to the music industry, Lamar subtly and strategically diversifies his financial portfolio.

Greek multimillionaire John Coumantaros gains $10.5 million from Flour mills stake

Coumantaros ranked as one of the richest investors on the Nigerian Exchange, owns a 63.34-percent stake in Flour Mills.