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 …
Bloomberg Billionaire Index
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- Southern Africa
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.
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The surge comes as a welcome development for Sawiris after witnessing a dip in his wealth below $6 billion earlier this month.
- Hot News
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.
- Southern Africa
South Africa’s second-richest man Nicky Oppenheimer suffers $150 million loss in five days
The decline can be attributed to losses incurred from Oppenheimer’s investments in private equity firms.
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The recent pullback in the wealth figures comes after Sawiris recorded a $1.01-billion bump in his fortune between Jan. 1 and June …
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Rabiu is no longer ranked on the Bloomberg Billionaires Index of the 500 richest people in the world.
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The net worth of Nigerian billionaire Aliko Dangote has dipped below the $10-billion mark, according to Forbes.
- Hot News
Egypt’s second-richest man Naguib Sawiris hits new milestone as net worth soars past $6 billion
Sawiris’ net worth has risen from $5.1 billion on Jan. 1 to an impressive $6.11 billion at the time of drafting this …
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The recent increase in Oppenheimer’s net worth can be attributed to the performance of his private equity investments.