South Africa’s Ackerman family loses $35 million in 24 hours as Pick ‘n Pay shares plunge
The Ackerman family owns a substantial 25.53-percent stake in Pick ‘n Pay, or 124,677,238 shares.
The Ackerman family owns a substantial 25.53-percent stake in Pick ‘n Pay, or 124,677,238 shares.
Replacing Boone is Sean Summers, a Pick ‘n Pay veteran who served as managing director and CEO for 11 years.
The Ackerman family, renowned for their wealth and investments, holds a 25.53-percent stake in Pick ‘n Pay.
Billionaires.Africa remembers Ackerman by recalling some of his most enduring quotes about leadership, entrepreneurship and humanity.
Ackerman’s influence extended far beyond his retail empire. He passed away at the age of 92, leaving behind a lasting imprint.
Ackerman’s passing marks the end of an era in South African retail, but his enduring legacy will continue to inspire future generations.
The Ackerman family owns a notable 25.53-percent stake in Pick ‘n Pay, constituting 124,677,238 issued shares.
The Ackerman family holds a substantial 25.53-percent stake in Pick ‘n Pay, or 124,677,238 issued shares.
As the scion of the Ackerman family, one of the richest families in South Africa, Gareth Ackerman’s views carry considerable weight in the business community.
The Ackerman family holds a significant 25.53-percent stake in the retailer, or 124,677,238 issued shares.
Despite this setback, the Ackerman family remains among the country’s richest families and top investors on the local bourse.
The Ackerman family is one of the richest families in South Africa.
The Ackerman family owns a sizable 25.53-percent stake in Pick ‘n Pay, or 124,677,238 issued shares.
Ackerman and his family own a 25.53-percent stake in Pick ‘n Pay.
Pick ‘n Pay operates more than 2,000 stores across eight African countries.
The Ackerman family owns a 25.53-percent stake in Pick ‘n Pay.