South African billionaire Patrice Motsepe’s TymeBank hits 8 million customers
Motsepe boasts a net worth of $2.2 billion, making him the richest Black billionaire in Southern Africa.
South African billionaire
South Africa’s richest man Johann Rupert loses another $600 million
Despite this recent setback, Rupert retains his status as South Africa’s richest man, ahead of Nicky Oppenheimer.
South African billionaire Stephen Saad earns $2-million salary from Aspen in 2023
Apart from his executive and governance roles in Aspen Pharmacare, Saad also holds a controlling 12.5-percent stake in the company.
Pick ‘n Pay, led by South African Ackerman family, launches food waste reduction initiative
This initiative underscores the Ackerman family’s commitment to reducing food waste and promoting sustainability in South Africa’s retail landscape.
South African billionaire Saltzman family suffers $34-million loss in 72 days
Since the Saltzmans founded Dis-Chem Pharmacies more than four decades ago, it has grown into one of the country’s leading retail healthcare groups.
South African billionaire Christo Wiese loses $46 million from investment in Shoprite
Wiese’s holdings in Shoprite amount to an 11.58-percent stake, valued at over $780 million.
South African billionaire Michiel Le Roux gains $245 million from Capitec stake
Le Roux owns an 11.39-percent stake in Capitec Bank. This stake makes him one of the richest men on the continent.
South African billionaire Koos Bekker gains $300 million in 5 days
With his present fortune of $2.6 billion, Koos Bekker now claims the 1,317th spot on Forbes’ global list of the wealthiest individuals.
Africa’s first Black billionaire Patrice Motsepe faces $900-million loss in 2023
Despite this recent decline in his net worth, Motsepe retains his status as the wealthiest Black individual in Southern Africa.
Ghanaian executive Ebenezer Asante earns $2.7-million salary from MTN in 2022
Asante oversees the company’s operations in three key regions.
South African billionaire Laurie Dippenaar loses $41 million in FirstRand stake
Presently, Dippenaar holds a 1.76-percent stake in FirstRand, or 98,726,988 shares.
South African-born billionaire Patrick Soon-Shiong loses $250 million
Despite the recent financial setback, Soon-Shiong’s influence in the medical field and his entrepreneurial spirit remain undiminished.
South Africa’s richest man Johann Rupert’s firm to reward investors with $48.2-million dividend
Remgro Limited is a leading investment holding company led by South Africa’s richest man Johann Rupert.
South African billionaire Koos Bekker’s net worth slumps by $100 million
Despite these setbacks, Bekker remains one of the most affluent billionaires in Africa, boasting a net worth of $2.3 billion.
South African billionaire Adrian Gore-led group posts $280 million in profit in 2023
Discovery was founded in 1992 by Gore as a medical insurer.
South Africa’s second-richest man Nicky Oppenheimer hit by $200-million loss in 2 days
Despite the recent decline in his fortune, Oppenheimer’s year-to-date gain presently aggregates to a substantial $925 million.