South African billionaire Michiel Le Roux’s Capitec Bank hits 22 million active clients
Founded in 2001 by Michiel Le Roux, Jannie Mouton, and Riaan Stassen, Capitec offers transactional banking services along with a suite of loan products
Michiel Le Roux
South African billionaire Michiel Le Roux loses $34.5 million from Capitec Bank stake
This recent slump compounds a previous loss of $76 million recorded between April 8 and 11, when the market value of his stake in Capitec Bank fell below $1.5 billion.
South African billionaire Michiel Le Roux gains $100 million in 41 days
The recent uptick in his fortune can be attributed to the performance of his 11.39-percent stake in Capitec Bank.
South African billionaire Michiel Le Roux’s Capitec Bank announces $20.37-million dividend payout
This dividend payout underscores Capitec Bank’s commitment to shareholder value creation.
South African billionaire Michiel Le Roux’s Capitec Bank reports $550.8 million in earnings
Demonstrating its commitment to shareholder returns, Capitec Bank’s board of directors declared a final dividend of R3.345 ($0.1754) per share on April 22, 2024.
Capitec Bank shares slump costs South African billionaire Michiel Le Roux $76 million
The recent slump in his fortune follows the $60-million gain recorded on April 4, when his stake in Capitec Bank soared from $1.48 billion to $1.54 billion.
South African billionaire Michiel Le Roux’s Capitec Bank stake gains $60 million in 24 hours
This surge not only cements Le Roux’s status among South Africa’s billionaires but also strengthens his reputation as a key investor on the JSE.
South African billionaire Michiel Le Roux’s stake in Capitec hits $1.5 billion
The recent surge in the lender’s share price comes on the heels of its recent acquisition of a majority stake in Cyprus-based digital non-bank consumer lender, Avafin
South African billionaire Michiel Le Roux’s Capitec raises stake in Cyprus-based Avafin
Capitec Bank, founded two decades ago by Michiel Le Roux, Jannie Mouton, and Riaan Stassen, has evolved into a globally renowned banking brand.
South African billionaire Michiel Le Roux makes $42 million from stake in Capitec Bank
This surge solidifies his standing as one of South Africa’s leading businessmen and investors.
South African billionaire Michiel Le Roux gains $100 million within 24 hours
The recent uptick in his fortune can be attributed to the performance of his 11.39-percent stake in Capitec Bank.
South African billionaire Michiel Le Roux loses $64.5 million from Capitec Bank stake
Le Roux presently owns an 11.39-percent stake in Capitec Bank. This stake makes him one of the richest men on the continent.
South African billionaire Michiel Le Roux gains $104.5 million in 2023
Since its inception, Le Roux has played a pivotal role in shaping the landscape of the financial services industry throughout Africa.
South African tycoon Michiel Le Roux gains $70.1 million from Capitec Bank
Le Roux presently owns an 11.39-percent stake in Capitec Bank. This stake makes him one of the richest men on the continent.
South African billionaire Michiel Le Roux rakes in $208 million from Capitec Bank
This surge in his fortune reaffirms his position among South Africa’s billionaires — firmly establishing his presence within the ranks of the continent’s financial elite.
South African billionaire Michiel Le Roux suffers $100-million loss in 24 days
This significant plunge has caused his net worth to slump from $1.2 billion on Oct. 21 to $1.1 billion at the time of this report.