Michiel Le Roux
Capitec Bank share decline costs South African billionaire Michiel Le Roux $31 million
This follows a $112.3 million loss between May 20 and June 3.
South African billionaire Michiel Le Roux’s Capitec Bank eyes international markets
This ambitious move follows its acquisition of Avafin, a Cyprus-based online lender with operations across Europe and Latin America.
South African billionaire Michiel Le Roux’s Capitec Bank stake drops below $1.5 billion
Michiel Le Roux, who owns 11.39 percent of Capitec Bank, or 13,190,043 shares, has seen the value of his stake decrease from $1.6 billion on May 20 to $1.49 billion.
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
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.