Kenyan tycoon James Mwangi suffers $2.1-million loss from Equity Group stake
Mwangi owns a 3.38-percent stake in Equity Group, or 127,809,180 ordinary shares.
Mwangi owns a 3.38-percent stake in Equity Group, or 127,809,180 ordinary shares.
A key contributor to Beyonce’s financial success is attributed to her recently concluded Renaissance World Tour, which brought in $100 million (post-tax).
With decades of experience and a portfolio exceeding $160 million, Herring ranks as one of the leading figures on the African business scene.
Beyond his executive and leadership roles at Northern Trust, Tyler owns a minority 0.02-percent stake in the financial services company.
This impressive financial gain further solidifies the Ghabbour family’s position as one of the richest investors on the Egyptian Exchange.
Wigwe highlighted the significance of Access Holdings’ presence in the Hong Kong market, emphasizing its potential to boost cross-continental trade.
Benjelloun, who ranks as Morocco’s second-richest individual, owns a significant 27.41-percent stake in Bank of Africa.
Dangote’s net worth has risen from $15.8 billion on Dec. 1 to $16.2 billion — the recent uptick has narrowed his year-to-date wealth losses to $2.49 billion.
Mittal, the chairman of Bharti Airtel, has cemented his position as one of the world’s wealthiest individuals, with a net worth of $15.4 billion.
Njonjo, in his remarks, mentioned that he would be focusing on personal matters during his leave.
Examining the nuances of Brewer’s 2023 compensation, highlighting an 18.24-percent decrease following her departure from Walgreens in September.
A concise look at the most significant events in African wealth dynamics over the past week.
Ravazzotti’s journey, marked by resilience and foresight, shaped the success of Italtile, listed on the Johannesburg Stock Exchange since 1992.
Froneman expressed that the $4.6-million investment will be directed to address the needs and challenges faced by communities surrounding the Rustenburg operation.
Sawiris owns a 9.2-percent stake in UAE-based investment firm, B Investments.
Oriental Weavers shares slump 8.29 percent, resulting in losses for shareholders, including the Khamis family.