South African tycoon Michiel Le Roux rakes in another $91 million from Capitec Bank stake
This followed a recent surge in his stake from May 31 to June 26, during which he witnessed a substantial increase of $120 million.
Capitec Bank
5 companies owned by South African tycoon Piet Mouton
These stakes contribute to Mouton’s expanding wealth and reinforce his position as one of South Africa’s leading business figures.
South African tycoon Andre Du Plessis hits jackpot, stake in Capitec Bank surges past $70 million
Du Plessis, a prominent South African businessman and a co-founder of Capitec Bank, owns a beneficial 0.78-percent stake in the financial services provider.
South African tycoon Piet Mouton’s stake in Capitec Bank loses more than $180 million in 2023
Mouton, who has accumulated a substantial fortune through his diverse investment portfolio, has a 5.83-percent stake in Capitec Bank.
South African billionaire Michiel Le Roux rakes in $120 million, stake in Capitec surpasses $1-billion mark
This latest $120-million surge in Le Roux’s stake solidifies his position as one of Africa’s wealthiest individuals.
South African tycoon Piet Mouton gains $59.1 million as Capitec Bank shares skyrocket
After suffering significant losses earlier this year, Mouton has bounced back with an impressive gain of $59.1 million in just 19 days.
South African billionaire Michiel Le Roux faces $251-million loss as Capitec Bank shares decline
Despite the decline in the market value of his stake in the bank, Le Roux remains one of the wealthiest businessmen in South Africa.
South African billionaire Michiel Le Roux bounces back with $200-million net worth surge
Le Roux stages remarkable comeback, reclaiming billionaire status with soaring net worth.
Piet Mouton’s stake in Capitec yields $10 million in dividends amid robust growth
Capitec Bank was founded more than 20 years ago by Michiel Le Roux, Riaan Stassen, and Piet Mouton’s father, Jannie Mouton.
Michiel Le Roux to pocket $20.12 million in dividends from Capitec
The $20.12-million dividend brings Le Roux’s total dividend earnings for the 2022 fiscal year to $30.2 million.
Michiel Le Roux’s Capitec shines with over $531 million in profit in 2023
Under Le Roux, Capitec Bank has grown into one of the world’s most reputable retail banking brands.
South African billionaire Michiel Le Roux’s Capitec Bank reaches 20-million clients milestone
Le Roux owns 11.41 percent of the Stellenbosch-based financial services provider.
South African banker Michiel Le Roux on verge of losing ‘billionaire’ status
Le Roux is widely regarded as one of Africa’s richest men.
South African billionaire Michiel Le Roux loses $104 million in 38 days from Capitec stake
Le Roux is a 73-year-old South African billionaire and co-founder of Capitec Bank.
South African billionaire banker Michiel Le Roux loses $92 million in 19 days
Le Roux remains one of South Africa’s wealthiest businessmen.
South African billionaire Michiel Le Roux’s Capitec hires 1,642 new workers in six months
Le Roux co-founded Capitec Bank in 1999 with Jannie Mouton and Riaan Stassen.