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.