South Africa’s richest man Johann Rupert’s net worth declines by $800 million in 11 days
Rupert has seen his net worth slide by $800 million amid Richemont’s share slump.
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Kenya’s Ndegwa family overtakes Kenyattas, takes center stage as NCBA’s top shareholder
The Ndegwa family has strengthens its position in NCBA Group.
South African-born billionaire Patrick Soon-Shiong’s fortune plunges by $1.1 billion in 16 days
Soon-Shiong’s net worth plunges by $1.1 billion due to the declining value of ImmunityBio shares.
U.S. President Joe Biden commits $300-million credit facility to Strive Masiyiwa’s ADC
Owned by Zimbabwean billionaire Strive Masiyiwa, ADC is a carrier-neutral data center provider affiliated with Cassava Technologies.
South African billionaire reclaims position as Africa’s third-richest man, overtaking Abdul Samad Rabiu
Oppenheimer has once again secured his position as Africa’s third-richest individual.
Isabel dos Santos dragged into $400-million London lawsuit
Isabel dos Santos’ company, Unitel International Holdings, is being sued over its non-repayment of loans that totaled more than $400 million.
Kenya’s Merali family sells 35-percent stake in Nairobi-based batteries distributor
While the aggregate consideration remains undisclosed, the Naushad Merali family received a premium above the market price.
Egyptian billionaire Mohamed Mansour makes historic $6.2-million donation to UK Conservative Party
The contribution marks the largest individual donation received by the party in the past two decades.
Aliko Dangote unveils $20.5-billion mega-refinery, fuel production set to begin in June
Dangote has unveiled his $20.5-billion mega-refinery, propelling Nigeria’s oil industry and economy to new heights.
Africa’s richest man Aliko Dangote’s fortune surges by $1.81 billion in 2023
Dangote’s fortune surges by $1.81 billion in 2023, fueled by Dangote Cement’s remarkable performance.
Swiss billionaire Gianluigi Aponte’s AGL wins contract to manage Zanzibar port
Aponte is the founder of MSC, the world’s largest shipping line and owner of Africa Global Logistics.
Algeria’s richest man Issad Rebrab arrested over foreign dealings
Rebrab was reportedly arrested on May 17 by agents of the Algerian Central Office for the Fight against Organized Crime.
South African tycoon Adrian Gore’s net worth plunges $34.9 million amid Discovery’s share pullback
Gore’s net worth plummets by $34.9 million as Discovery’s shares face significant pullback.
CEO of Africa’s largest publicly listed firm took home $15.8 million in 2022
Since 2014, van Dijk has been leading Naspers, the largest publicly listed company in Africa.
South African billionaire Laurie Dippenaar’s stake in FirstRand plunges by $37 million
Dippenaar faces a significant decline in the valuel of his FirstRand stake amid the continuing market downturn.
The 10 most generous South African philanthropists of all time
From Allan Gray to Patrice Motsepe, meet the 10 most generous South African philanthropists ever.