The recent double-digit uptick in Discovery shares has caused the market value of Gore’s stake to increase by $93.31 million over the …
Discovery Group
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This follows a challenging period during which his stake dipped below $155 million, after declining by $9.21 million between May 24 and …
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South African tycoon Adrian Gore’s Discovery gets green light for $81.6-million bond listing
The two newly issued bonds, detailed in filings with the JSE on May 14, have nominal values of R576 million ($31.33 million) …
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Despite the recent decline, Gore remains a top figure on the JSE.
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The group’s interim results for the first half of the 2024 fiscal year showcase a headline earnings figure amounting to $172.4 million.
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As one of South Africa’s wealthiest individuals, Gore amasses most of his $500 million fortune through his 7.48-percent stake in Discovery.
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Discovery, led by Gore, plans to collaborate with power developers to establish wind and solar plants based on the aggregated demand.
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Discovery was founded in 1992 by Gore and Barry Swartzberg.