America’s richest Black woman Oprah Winfrey named one of Hawaii’s top billionaire landowners
Committed to conservation, Winfrey intends to keep the land vacant, planting native species to aid in restoring the lost watershed.
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Black businesswoman Fawn Weaver’s whiskey empire nears $1-billion valuation
In addition to her role at the helm of Uncle Nearest Premium Whiskey, Weaver is the founder of the Nearest Green Foundation.
Kenyan tycoon Bharat Thakrar threatens $30-million lawsuit against UK group
Thakrar also accused WPP of leaking details of an internal investigation into alleged financial and personal misconduct to local media, causing “reputational damage.”
America’s second-richest Black man David Steward’s wealth surpasses $10 billion
His recent wealth gains confirm his influential status in the tech industry. With the tech industry’s strong performance, Steward’s net worth is expected to keep climbing.
South African businessman Johan Burger loses $1.37 million from FirstRand stake
Despite the recent decline in the market value of his stake, Johan Burger remains one of South Africa’s most affluent and influential executives within the financial industry.
Companies owned by the world’s first Black billionaire Robert L. Johnson
Using the proceeds from the sale of BET, he has invested in new ventures, leveraging his expertise to construct a varied portfolio of companies through The RLJ Companies.
South African executive Lance Foxcroft pockets $1.2-million salary in 2023
Foxcroft’s 2023 compensation comprises a base salary of R4.08 million ($0.21 million), complemented by a performance-driven short-term incentive of R3.64 million ($0.19 million).
Mohamed Alabbar, owner of world’s tallest building Burj Khalifa, eyes Zimbabwe for expansion
Alabbar’s extensive business portfolio includes Emaar Properties, a leading real estate developer, and notable ventures such as Noon.com, an e-commerce platform.
U.S.-Nigerian telecom tycoon Sam Darwish gains $7.5 million in 14 days
Darwish, the chairman and CEO of IHS, stands among the prominent figures in the African telecom sector, boasting a 4.17-percent stake in IHS Holding.
Zimbabwean businessman John Moxon’s Meikles stake slumps below $7 million
Moxon, who played a pivotal role in transforming Meikles Limited into one of Zimbabwe’s leading conglomerates, owns a 10.8-percent stake in the group.
Companies owned by America’s supermodel, Tyra Banks
Beyond the runway, the mega mogul ventured into new territories, launching Bankable Productions.
South Africa’s richest man Johann Rupert sees $1.05-billion surge in net worth
The recent increase in Rupert’s fortune is linked to the performance of his 9.14-percent stake in Richemont.
Companies owned by South Africa’s second-richest man Nicky Oppenheimer
The South African billionaire investor is renowned for his global investments in Africa, Asia, the United States, and Europe.
Kenyan tycoon James Ndegwa loses $1.17 million from NCBA stake
Despite this setback, Ndegwa remains one of Kenya’s wealthiest investors and continues to hold a prominent position among the country’s richest businessmen.
South African-British billionaire Clive Calder gains $100 million in just 2 days
The recent $100-million surge in Calder’s fortune, pushing his year-to-date wealth gains to $250 million is tied to the performance of his privately owned assets.
Egyptian tycoon Hani Berzi rakes in $28 million in 5 days from Edita stake
Berzi holds a 41.95-percent stake, equivalent to 303,323,015 ordinary shares in the Egyptian consumer goods giant, facilitated by Quantum Invest BV.