South African billionaire Nicky Oppenheimer has now gained $325 million since start of 2023
Oppenheimer is also a passionate advocate for wilderness conservation.
Oppenheimer is also a passionate advocate for wilderness conservation.
The recent decline can be attributed to the performance of his private equity investments.
South Africa maintains its position as Africa’s largest wealth market and most industrialized economy.
Oppenheimer’s net worth has risen by $800 million since the start of the year.
While the number of African billionaires rose from 18 to 19, their collective wealth took a hit.
Oppenheimer has seen his net worth soar from $8.03 billion at the start of the year to $8.23 billion.
Three African billionaires managed to buck the trend.
The bump in Oppenheimer’s wealth solidifies his position as one of Africa’s wealthiest billionaires.
Oppenheimer derives his fortune from private equity investments.
The majority of Oppenheimer’s billion-dollar fortune stems from his private equity investments.
Oppenheimer’s $7.93-billion net worth is derived from a mix of private equity investments.
Oppenheimer also owns South Africa’s largest private game reserve, Tswalu Kalahari.
Rupert and Oppenheimer remain the two wealthiest billionaires in South Africa.
Despite the slump in his net worth, Oppenheimer still ranks as the second-richest man in South Africa.
Oppenheimer still remains one of the continent’s wealthiest businessmen.
Oppenheimer’s net worth rose from $8.3 billion to $8.43 billion.