South African tycoon Johan Burger suffers $2-million loss from FirstRand stake
Burger, a seasoned director at FirstRand since 2009, owns a minority 0.110-percent ownership stake in FirstRand.
Burger, a seasoned director at FirstRand since 2009, owns a minority 0.110-percent ownership stake in FirstRand.
This comes as a U.S. federal court ordered Cornelius Steynberg to pay $3.4 billion in restitution to victims of forex fraud.
As one of the top figures in the group, Nienaber has made significant contributions to the remarkable financial achievements of Standard Bank Group.
Beyond his executive and governance roles, Malherbe also owns a total equity stake of 1,178,995 ordinary shares in Remgro.
Gosa derives most of her fortune from a well-diversified investment portfolio, including a 6.15-percent stake in the Gauteng-based steelmaker.
Stuhler owns a 9.72-percent stake in Lighthouse Properties. His stake amounts to 172,699,222 shares.
Reddy’s journey to the zenith of South Africa’s business elite began in the early 1990s, a pivotal moment in the nation’s history.
Seabrooke holds a 40.61-percent stake in Sabvest Capital, a Sandton-based investment holding.
As one of South Africa’s wealthiest individuals, Gore amasses most of his $500 million fortune through his 7.48-percent stake in Discovery.
Ellerine owns a 9.52-percent stake in Sabvest Capital, making him the second-largest shareholder in the investment holding company.
Saltzman and his wife own a 35.12-percent stake in Dis-Chem Pharmacies, a Gauteng-based retail pharmacy chain.
Montanana owns a 14.06-percent stake in Datatec.
Froneman holds a minority 0.3-percent stake in Sibanye-Stillwater, equivalent to 8,382,849 ordinary shares.
Froneman, a highly respected executive within the mining industry, has played a pivotal role in the transformation of Sibanye-Stillwater.
Burger, who has been a director at FirstRand since 2009, owns a beneficial 0.110-percent stake, or 6,000,000 ordinary shares, in the leading financial services group.
Samujh’s journey is not just a story of personal financial success but a testament to his strategic prowess in propelling Investec to new heights.