South Africa’s richest man Johann Rupert recovers all 2022 losses in January
Rupert’s net worth has increased from $10.9 billion to $12.3 billion.
South African billionaire
South African billionaire banker Michiel Le Roux loses $92 million in 19 days
Le Roux remains one of South Africa’s wealthiest businessmen.
Disgraced South African Mogul Markus Jooste to face trial in Germany in April
Nearly two weeks ago, Jooste was served two fines totaling $882,000.
Patrice Motsepe-backed TymeBank targets 28 million customers via partnership with TFG
TymeBank is partly owned by Motsepe’s African Rainbow Capital (ARC) Financial Services Holding.
South African pharma tycoon Stephen Saad gains $37.1 million from Aspen shares
Saad owns a significant 12.5-percent stake in Aspen Pharmacare Holdings.
Nicky Oppenheimer’s net worth skyrockets by $200 million in just 21 days
Oppenheimer has seen his net worth soar from $8.03 billion at the start of the year to $8.23 billion.
19 days into 2023, South Africa’s richest billionaire already $1.2-billion richer
The $1-2 billion increase cements his position as South Africa’s richest billionaire.
Johann Rupert’s Richemont surpasses $16 billion in sales in 9M 2023
Richemont is a Swiss luxury goods holding company led by South African billionaire Johann Rupert.
South African billionaire Christo Wiese’s stake in Shoprite jumps $67 million in 16 days
Wiese owns 11.63 percent of Shoprite Holdings, Africa’s largest retailer.
South African billionaire Johann Rupert’s Richemont set to benefit from Middle East’s luxury market
Richemont is a Swiss luxury holding company.
South African billionaire Johann Rupert gains $400 million in first week of 2023
Rupert derives most of his wealth from his 9.14-percent stake in Richemont
Patrice Motsepe’s ARM stake value jumps $212.5 million thanks to success on JSE
ARM is South Africa’s first Black-owned mining company.
Three African billionaires defy global economic challenges with increase in net worth
Three African billionaires managed to buck the trend.
Nicky Oppenheimer’s wealth rebounds, pushing year-to-date gains to $125 million
The bump in Oppenheimer’s wealth solidifies his position as one of Africa’s wealthiest billionaires.
Billionaire Patrice Motsepe’s ARM faces $195-million lawsuit from Tanzania’s Pula
Motsepe owns a 39.7-percent stake in ARM.
South African billionaire Johann Rupert loses $300 million in December
The market value of Rupert’s stake in Richemont fell rom $7.71 billion to $7.54 billion in December alone.