South African billionaire Johann Rupert’s luxury company records over $2.1 billion in profit in 2022
Richemont sales reached an all-time high of €19.2 billion in 2022.
South African billionaire
South African mining mogul Neal Froneman fiercely defends his $18.9-million salary
In 2021, Sibanye-Stillwater’s executive directors and officers were handsomely rewarded, with $51.1 million in remuneration.
South African businessman Zak Calisto to receive $11.68-million in dividends from Karooooo
Zak Calisto controls a 66-percent stake in Karooooo.
South African executive Andre Joubert sells $1.33 million in shares in leading miner, ARM
Joubert has been the CEO of ARM’s Ferrous Division since July 2012.
South African billionaire Patrice Motsepe-linked Sanlam finalizes UK divestment
The divestment is consistent with the group’s strategy to simplify its UK operations.
South African billionaire Nicky Oppenheimer to pocket $2.37 million in IDH dividends
His net worth has risen by more than $675 million since the year began.
South African billionaire Stephen Saad’s Aspen could cut COVID-19 vaccine capacity
Saad controls a 12.5-percent stake in the leading drug company.
Patrice Motsepe-linked Sanlam signs JV deal with Allianz to form largest pan-African insurer
The new entity is expected to have a combined total group equity value in excess of $2.1 billion.
Ivan Saltzman’s Dis-Chem to receive $1.48 million from SASRIA over civil unrest
The payment will be made as part of the healthcare firm’s insurance coverage in South Africa.
Sibanye defends Neal Froneman, says $18.9-million salary is tied to reward
Froneman received $18.9 million in compensation in 2021.
South African billionaire Johann Rupert loses $890 million in April
In April alone, his net worth fell from $10.9 billion to $10.01 billion.
Here are the five billionaires who account for 3.8 percent of South Africa’s $683-billion private wealth
With a total private wealth of $651 billion, South Africa has more than twice as many billionaires as any other African country.
South African mogul Zak Calisto’s Karooooo to pay shareholders $17.7 million in dividends
Calisto owns a majority 75-percent stake in the Singapore-based tech firm, which he founded in 2001.
South African billionaire Patrice Motsepe loses over $320 million in less than one month
Motsepe, the South African billionaire and current President of the Confederation of African Football (CAF) founded the mining firm in 1997.
Led by South African businessman Fleetwood Grobler, Sasol dumps South African pipeline project
Under the leadership of Grobler, the South African energy and chemical group operates in 33 countries and employs 30,100 people globally.
South African billionaire Michiel Le Roux eyes $22 million in Capitec Bank dividends in May
The 73-year-old businessman who founded Capitec Bank owns a sizeable 11.41 percent stake in the bank.