Shoprite, linked to billionaire Christo Wiese, launches first apparel store in South Africa
Shoprite Holdings is Africa’s largest supermarket group.
South African billionaire
South African billionaire Johann Rupert’s Richemont takes on luxury theft
Rupert has developed a platform that offers a gamut of features enabling owners to report theft or loss.
South African billionaire Nicky Oppenheimer has now gained $325 million since start of 2023
Oppenheimer is also a passionate advocate for wilderness conservation.
South African-born billionaire Patrick Soon-Shiong has now lost $820 million so far in 2023
Soon-Shiong is best known for developing the cancer treatment Abraxane.
South African tycoon Jonathan Jawno’s Transaction Capital expects earnings to fall by 41 percent in H1 2023
Transaction Capital is a South African financial services group co-founded and led by Jawno.
Tymebank breaks new ground with 6.2 million customers thanks to Patrice Motsepe’s ARC support
TymeBank is owned in part by ARC Financial Services Holding, a Black-owned and -controlled company linked to Motsepe.
South African billionaire Michiel Le Roux’s Capitec Bank reaches 20-million clients milestone
Le Roux owns 11.41 percent of the Stellenbosch-based financial services provider.
Koos Bekker’s Naspers closes $100-million fund days after Silicon Valley Bank’s collapse
Shares rise 1.3 percent after Naspers shuts down its $100-million venture capital fund.
South African billionaire Christo Wiese’s Brait to list Premier on JSE on March 24
Wiese derives the majority of his fortune from Shoprite.
5 South African billionaires at risk of losing millions of dollars as rand depreciates against U.S. dollar
The depreciation of the rand could potentially threaten the net worth of South African billionaires and millionaires.
Shoprite, linked to billionaire Christo Wiese, set to launch clothing stores in Cape Town
Wiese owns an 11.63-percent stake in the company.
South African billionaire Johann Rupert’s net worth plummets $200 million in just 72 hours
Rupert’s net worth has now declined from $12.7 billion on March 6 to $12.5 billion at the time of writing.
South African billionaire Patrice Motsepe to pocket $67.1 million dividend from ARM
Motsepe owns a 39.7-percent stake in the diversified mining group.
Shoprite, linked to billionaire Christo Wiese, posts $177 million in profit in H1 2023
Wiese’s stake in Shoprite is worth over $900 million.
South African billionaire Patrice Motsepe’s ARM surpasses expectations with $280 million H1 2023 profit
African Rainbow Minerals is a diversified mining group led by South African billionaire Patrice Motsepe.
South African billionaire Stephen Saad eyes million-dollar deals to revive COVID-19 vaccine production lines
Aspen Pharmacare Holdings is a South African multinational pharmaceutical holding company.