South African billionaire Michiel Le Roux’s Capitec Bank eyes international markets
This ambitious move follows its acquisition of Avafin, a Cyprus-based online lender with operations across Europe and Latin America.
Capitec Bank
South African billionaire Michiel Le Roux’s Capitec Bank stake drops below $1.5 billion
Michiel Le Roux, who owns 11.39 percent of Capitec Bank, or 13,190,043 shares, has seen the value of his stake decrease from $1.6 billion on May 20 to $1.49 billion.
South African billionaire Michiel Le Roux’s Capitec Bank hits 22 million active clients
Founded in 2001 by Michiel Le Roux, Jannie Mouton, and Riaan Stassen, Capitec offers transactional banking services along with a suite of loan products
Discovery stake dips, South African tycoon Barry Swartzberg sees $7.9-million loss
Despite this setback, Swartzberg remains one of South Africa’s wealthiest businessmen and a leading investor on the JSE.
South African billionaire Michiel Le Roux loses $34.5 million from Capitec Bank stake
This recent slump compounds a previous loss of $76 million recorded between April 8 and 11, when the market value of his stake in Capitec Bank fell below $1.5 billion.
South African tycoon Andre du Plessis’ Capitec Bank stake tops $110 million
The surge in Capitec Bank’s share price has propelled the market value of du Plessis’ stake up by $15.53 million over the past 27 days.
South African tycoon Gerrie Fourie gains $7.6 million from Capitec Bank shares
As Capitec Bank’s CEO, Fourie holds a 0.89-percent stake in the leading retail bank, equivalent to 1,027,673 ordinary shares.
South African tycoon Jannie Mouton gains $94 million from Capitec’s stake
Mouton, one of the co-founders of Capitec Bank, owns a 5.11-percent stake in the bank through the J.F. Mouton Familietrust.
South African billionaire Michiel Le Roux gains $100 million in 41 days
The recent uptick in his fortune can be attributed to the performance of his 11.39-percent stake in Capitec Bank.
South African billionaire Michiel Le Roux’s Capitec Bank announces $20.37-million dividend payout
This dividend payout underscores Capitec Bank’s commitment to shareholder value creation.
South African billionaire Michiel Le Roux’s Capitec Bank reports $550.8 million in earnings
Demonstrating its commitment to shareholder returns, Capitec Bank’s board of directors declared a final dividend of R3.345 ($0.1754) per share on April 22, 2024.
South African tycoon Gerrie Fourie loses $11.9 million from stake in Capitec Bank
Fourie holds a 0.89-percent stake in the leading retail bank, equivalent to 1,027,673 ordinary shares.
South African tycoon Jannie Mouton’s Capitec stake slumps by $57.4 million
Despite the recent setback, Mouton still holds his position as one of the most affluent investors on the JSE and remains one of the wealthiest individuals in South Africa.
Capitec Bank shares slump costs South African billionaire Michiel Le Roux $76 million
The recent slump in his fortune follows the $60-million gain recorded on April 4, when his stake in Capitec Bank soared from $1.48 billion to $1.54 billion.
South African tycoon Jannie Mouton gains $42.2 million from Capitec Bank stake
This surge in Mouton’s stake solidifies his spot among the most affluent investors on the JSE.
South African banker Alan Pullinger loses $3 million as FirstRand shares dip
While some banking executives are weathering the storm, Pullinger has seen millions of dollars shaved off his holdings.
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