South African billionaire Michiel Le Roux gains $245 million from Capitec stake
Le Roux owns an 11.39-percent stake in Capitec Bank. This stake makes him one of the richest men on the continent.
Le Roux owns an 11.39-percent stake in Capitec Bank. This stake makes him one of the richest men on the continent.
Orascom Investment Holdings, which is controlled by Sawiris, will use the proceeds to develop tourist destinations.
Bishop T.D. Jakes owns businesses in education, media, and real estate.
Ndegwa, a seasoned executive with nearly three decades of experience has played a pivotal role in Safaricom’s recent success.
The Ackerman family owns a substantial 25.53-percent stake in Pick ‘n Pay, or 124,677,238 shares.
Replacing Boone is Sean Summers, a Pick ‘n Pay veteran who served as managing director and CEO for 11 years.
Gore holds an impressive 7.48-percent stake in Discovery, or 48,599,758 ordinary shares.
Brookes is Balwin Properties’ largest shareholder, holding 170,374,031 shares, or a 36.08-percent stake.
Moxon owns a 10.8-percent stake in Meikles Limited, a prominent Harare-based conglomerate.
Jordan’s billion-dollar fortune can be primarily attributed to his lucrative endorsements and business ventures.
As of Sept. 1, Dangote’s net worth stood at $17.8 billion, but it has now plummeted to $16.7 billion.
Attridge, Aspen’s group chief advisor, who ranks as one of South Africa’s richest businessmen, owns a 4.26-percent stake in the pharmaceutical holding company.
The Khamis family, Egyptian multimillionaires, holds a majority stake of 56.58 percent in the company, which distributes its products in Oriental Weavers.
The campus, spanning 125,000 square feet, will feature a 50,000-square-foot advanced sports facility.
Tyler Perry is the owner of White Bay Cay, an island in the Bahamas that has a 14,000-square-foot Bali-styled mansion.
Diageo alleges that Sean “Diddy” Combs attempted to extort millions by threatening to label the firm as racist.