
South African billionaire Jannie Mouton's Capitec stake rebounds to $1.2 billion
South African billionaire Jannie Mouton’s Capitec stake rises to $1.2 billion as shares gain on renewed investor confidence.
South African billionaire Jannie Mouton’s Capitec stake rises to $1.2 billion as shares gain on renewed investor confidence.
Jannie Mouton’s trust offers $400 million for Curro, paving its JSE exit, while steering South Africa’s largest private school network into nonprofit status.
Jannie Mouton’s Capitec stake tops $1.2 billion as an 18-day share rally adds $67.58 million in value, cementing his position among South Africa’s financial elite.
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Capitec Bank's stock rally boosts Mouton's fortune, reinforces bank’s status as Africa’s leading retail bank.
Capitec’s stock surge boosts Mouton’s fortune and reaffirms investor confidence in South Africa’s leading retail bank.
Jannie Mouton gains $28 million in 24 days as Capitec shares rally, driven by digital-first banking and rising investor confidence on the JSE.
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The rise in Jannie Mouton’s stake in Capitec Bank strengthens his position among South Africa’s billionaires.
PSG's net profit rose 23.47 percent to R1.38 billion ($73.21 million), up from R1.12 billion ($59.29 million) in the previous year.
The boost in Mouton’s wealth is largely attributed to Capitec Bank, where he holds a 5.1 percent stake through the J.F. Mouton Familietrust.
Jannie Mouton’s Capitec Bank stake, which was valued at $1 billion on Feb. 26, has now dropped to $979.41 million.
A recent surge in the leading retail bank’s share price has pushed his holdings close to the $1 billion mark.
This decline comes after a strong 2024 performance that saw Mouton’s stake gain $350 million, soaring from over $650 million to beyond $1 billion.
Capitec’s strong returns have solidified its position as one of the JSE’s top performers in 2024, offering a 56.29 percent return year-to-date.
Over the past 12 weeks, Mouton’s stake has increased by R3.02 billion ($173.13 million), rising above the $1-billion mark.