Shaquille O’Neal’s Big Chicken to open 20 outlets in Michigan
O’Neal is partnering with H&D Group Investments to open new outlets of Big Chicken across Michigan.
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Nigerian billionaire Abdul Samad Rabiu’s cement company slashes cement prices
This decision comes just one month after Rabiu expressed optimism regarding the completion of two new cement factories by the year’s end.
South African billionaire Koos Bekker gains $300 million in 5 days
With his present fortune of $2.6 billion, Koos Bekker now claims the 1,317th spot on Forbes’ global list of the wealthiest individuals.
KSI joins ranks of wealthiest Black individuals as earnings soar to $24 million
KSI’s $24 million in earnings and influence have propelled him to the second position on Forbes’ recent list of top creators worldwide.
7 biggest charitable gifts of Nigerian billionaire Femi Otedola
Otedola’s charity has touched nearly every facet of Nigerian life, from health to education to religion to historic preservation.
South African banker Alan Pullinger’s salary at FirstRand amounts to $2.7 million in 2023
Pullinger’s ascent to the CEO role in 2018 came after three years as deputy CEO of FirstRand, a position he assumed in October 2015.
Khaby Lame emerges as one of 2023’s top earners, amassing $16.5 million
Lame’s claim to fame revolves around his unique comedy skits that humorously debunk overly complex “life hacks” entirely without uttering a word.
4 companies owned by Kendrick Lamar
Beyond his groundbreaking contributions to the music industry, Lamar subtly and strategically diversifies his financial portfolio.
Greek multimillionaire John Coumantaros gains $10.5 million from Flour mills stake
Coumantaros ranked as one of the richest investors on the Nigerian Exchange, owns a 63.34-percent stake in Flour Mills.
Rick Ross and Maybach Music Group form new alliance with Gamma
African-American Hip-hop star and entrepreneur Rick Ross is the founder of the Maybach Music Group.
Egypt’s richest man Nassef Sawiris gains $150 million in 4 days
Sawiris’ net worth has surged by $150 million in just four days, translating to an average gain of $37.5 million per day since Sept. 26.
Kenyan billionaire Ndegwa family expands empire as NCBA, ICEA Lion pursue new deals
The Ndegwa family’s latest endeavors build upon their previous strategic investments in the Kenyan financial sector.
5 companies owned by Tyra Banks
Banks owns companies in the beauty, TV production, and food sectors.
Africa’s first Black billionaire Patrice Motsepe faces $900-million loss in 2023
Despite this recent decline in his net worth, Motsepe retains his status as the wealthiest Black individual in Southern Africa.
South African tycoon Gerrie Fourie gains more than $10 million in 24 days
Fourie, Capitec Bank’s CEO, owns a 0.89-percent stake in the leading retail bank, or 1,027,673 ordinary shares.
Nigerian banker Herbert Wigwe to receive $1-million dividend from Access Holdings
Wigwe, who serves as the group managing director and CEO of Access Holdings, holds a 7.14-percent stake in the financial giant.