
South African billionaire Nicky Oppenheimer to pocket $2.37 million in IDH dividends
His net worth has risen by more than $675 million since the year began.
His net worth has risen by more than $675 million since the year began.
Despite the global impact of the Russia-Ukraine crisis, the South African’s wealth has risen from $7.95 billion to $8.55 billion.
Oppenheimer’s net worth has increased by 10.7 percent since the start of the year.
With a net worth of $8.38 billion, Oppenheimer is the 288th richest man in the world.
The rise comes off the back of a revaluation of his assets held through Stockdale Street and Tana Africa Capital.
Oppenheimer has seen his net worth slump below the $8-billion mark in recent times.
One of the wealthiest men in Africa and the second richest man in South Africa, he holds a significant stake in IDH.
At his current wealth valuation, Oppenheimer is ranked the 332nd richest man in the world.
This translates to an average gain of $2.9 million per day for the billionaire since Jan. 1.
This translates to an average loss of $4.88 million per day for the billionaire since July 2.
The gains translate to an average profit of $9.375 million daily for the billionaire investor.
His net worth has climbed as high as $7.78 billion recently.