South Africa’s richest man Johann Rupert loses $3.4 billion in just 10 weeks
Despite this recent setback, Rupert retains his status as South Africa’s wealthiest individual, surpassing fellow South African magnate Nicky Oppenheimer.
South African billionaire
South African tycoon Des de Beer sells shares in Resilient REIT
Des de Beer is the founder of numerous real estate investment companies in South Africa, Mauritius and Europe.
Firm linked to Africa’s first Black billionaire Patrice Motsepe to build $132-million solar plant
Through African Rainbow Energy, Motsepe owns an indirect 40-percent stake in SOLA Group.
Stephen Saad’s Aspen to pioneer South Africa’s first human insulin production
Established in 1997 by Saad, Aspen has steadily expanded its global presence in the pharmaceutical sector.
Shoprite to pay South African billionaire Christo Wiese $13.8-million dividend
Wiese owns an 11.58-percent stake in Shoprite, valued at more than $900 million.
5 companies founded by South African billionaire Mark Shuttleworth
South African billionaire and space tourist Mark Shuttleworth has built businesses in Internet security, hospitality and financial services.
South African billionaire Patrice Motsepe’s ARC Investments increases portfolio value
Motsepe, South Africa’s richest black person, owns a 27-percent stake in African Rainbow Capital Investments.
South African billionaire Adrian Gore’s Discovery expects earnings to surge by 35 percent
Discovery Limited is a Sandton-based insurance conglomerate led by South African businessman Adrian Gore.
South African tycoon Pieter Engelbrecht pockets $2.6-million salary from Shoprite
Since assuming the mantle of CEO in January 2017, Engelbrecht has led Shoprite to impressive financial milestones.
South African billionaire Michiel Le Roux suffers $15-million blow
Le Roux holds an 11.39-percent stake in Capitec Bank, or 13,190,043 shares.
South African tycoon Jannie Mouton suffers $3.7 million loss from Capitec stake
Jannie Mouton is renowned for Co-founding Capitec Bank with Michiel Le Roux, and Riaan Stassen. He presently owns a 5.11-percent stake in Capitec Bank
Rob Hersov: South African billionaire transforming Cape Winelands Airport
In 2021, Hersov acquired the former Fisantekraal airstrip and unveiled his vision to transform it into a vibrant airport and secondary hub for Cape Town.
Shoprite, linked to South African billionaire Christo Wiese, sees profits soar to $308 million
Wiese, an influential figure in the retail sector, holds an 11.58-percent stake in Shoprite, valued at over $900 million.
12 inspirational quotes from the late South African tycoon Raymond Ackerman
Billionaires.Africa remembers Ackerman by recalling some of his most enduring quotes about leadership, entrepreneurship and humanity.
South African tech tycoon Zak Calisto gains nearly $35 million in 18 days
The recent surge in Calisto’s stake is noteworthy, considering he suffered a substantial loss of $18.71 million between Aug. 1 and 21.
South African billionaire Adrian Gore’s Discovery ventures into renewables
Discovery, led by Gore, plans to collaborate with power developers to establish wind and solar plants based on the aggregated demand.