Nicky Oppenheimer, Africa’s third-richest man, loses $430 million in 26 days
The recent decline can be attributed to the performance of his private equity investments.
South African billionaire
Bernard Arnault’s LVMH sets sights on South African billionaire Johann Rupert’s Richemont
Richemont ranks as the fourth-largest luxury company globally.
10 richest African billionaires in 2023
African billionaires are bouncing back in 2023, after a challenging 2022 marked by significant losses in their net worth.
Meet the 7 richest South African billionaires in 2023
South Africa maintains its position as Africa’s largest wealth market and most industrialized economy.
South African billionaire Christo Wiese-linked Steinhoff settles multi-million dollar lawsuit with Austrian firm
In 2017, Wiese was Steinhoff’s largest shareholder.
South African billionaire Koos Bekker’s Naspers backs startup in $100-million raise
Bekker’s 0.96-percent Naspers stake is valued at $740 million.
South African billionaire Patrice Motsepe donates $1.64 million to assist students struggling with debt
Motsepe is a prominent figure in Africa, renowned as both a top philanthropist and a billionaire.
South African billionaire Michiel Le Roux loses $104 million in 38 days from Capitec stake
Le Roux is a 73-year-old South African billionaire and co-founder of Capitec Bank.
South African billionaire Patrice Motsepe’s net worth slumps by $400 million
Motsepe owns 39.7 percent of ARM.
South Africa’s richest man Johann Rupert has gained $1.69 billion so far this year
Rupert derives most of his wealth from his 9.14-percent stake in Richemont.
South African billionaire Raymond Ackerman and family lose $96 million as Pick ‘n Pay shares bleed on JSE
Ackerman and his family own a 25.53-percent stake in Pick ‘n Pay.
South African billionaire Laurie Dippenaar gains $16.8 million from FirstRand shares
Dippenaar owns 1.76 percent of FirstRand, or 98,726,988 shares.
Top 5 African billionaires add $3.05 billion to their wealth in just 45 days
They have gained $3.052 billion in net worth since the start of the year.
Christo Wiese-linked retailer Steinhoff plummets by over $38 million as shares hit record low
Wiese is a South African billionaire and retail tycoon.
South African billionaire Nicky Oppenheimer gains $800 million in 36 days
Oppenheimer’s net worth has risen by $800 million since the start of the year.
South African billionaire Koos Bekker gains $200 million amid tech stock frenzy
Bekker is the driving force behind Naspers and Prosus.