South African billionaire Koos Bekker's Naspers stake gains $108.9 million
Despite market volatility, Naspers’ stock has shown resilience this year, consistently delivering value to investors.
Despite market volatility, Naspers’ stock has shown resilience this year, consistently delivering value to investors.
This highlights the group's strong financial performance and strategic execution under Bekker's leadership.
This upswing follows a period of steady gains for Bekker, with his Naspers holdings increasing by $36.75 million between April 17 and 25.
This gain solidifies Bekker’s position as a prominent South African business leader and a top investor on the JSE.
Naspers stays bullish on the future, reaffirming its focus on boosting shareholder value through ongoing share buybacks.
The recent funding from Standard Bank is a significant milestone toward achieving this goal and transforming auto financing for traditionally underserved demographics.
Bekker, a top figure in South Africa’s business landscape, is credited with transforming Naspers from a newspaper publisher into a top player in e-commerce and cable TV.
The $400-million surge in his fortune is attributed to the performance of his investment portfolio, which includes stakes Prosus N.V. and Naspers.
Naspers South Africa CEO Phuthi Mahanyele-Dabengwa affirmed the group’s commitment to fortify its businesses in anticipation of Amazon’s impending entry.
From her roots as a determined 17-year-old to becoming a global business icon, Mahanyele-Dabengwa’s story is a testament to resilience and visionary leadership.
Sgourdos has been the group CFO and financial director of Naspers since 2014.
Van Dijk has been the CEO of Naspers since 2014.
Van Dijk, who has been CEO of Naspers since 2014, owns a 0.24-percent stake in the South African conglomerate.