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If successful, this collaboration could propel Motsepe into the ownership ranks of MultiChoice Group, further diversifying his holdings in South Africa’s leading companies.
The bulk of Kirsh’s fortune stems from his 75-percent stake in Jetro Holdings, now valued at $5.68 billion.
Under Mupita’s leadership, MTN Group has achieved significant milestones, serving over 289 million customers across 22 countries.
Despite the notable decline in his stake’s value, Dippenaar remains a top investor on the JSE and one of the most affluent business leaders on the African continent.
The $21.08-million increase in the market value of the Saltzman family’s stake in Dis-Chem solidifies their position as significant investors on the JSE.
Aligned with its value-maximization strategy, Transaction Capital is also pursuing the separation of its WeBuyCars unit, targeting R1.25 billion ($65 million) in capital.
This initiative includes a R500-million ($26.4 million) invoice financing facility and a R100-million ($5.3 million) working capital facility.
With a current net worth of $10.7 billion, Oppenheimer ranks 223rd on the global wealth list.
Attridge’s recent financial triumph is attributed to the recent surge in Aspen Pharmacare’s shares on the Johannesburg Stock Exchange (JSE).
Malherbe, Remgro’s non-executive co-deputy chairman, is one of Remgro’s largest individual shareholders with a holding of 1,178,995 ordinary shares.
Since its 2021 demerger from Anglo-American, Thungela has undergone significant expansion under Ndlovu.
Gore expressed confidence in penetrating the U.S. market further, leveraging the success and innovation that Discovery has pioneered in the wellness space.
Under Titi’s leadership, Investec has demonstrated resilience and growth despite challenging market conditions.
This increase cements Saad’s position in the South African business scene, placing him among the leading investors on the JSE.
The announcement comes in the wake of Jooste’s tragic demise, which occurred on Thursday, a day after the FSCA levied a penalty of $25 million against him.
The $155.9-million cash purchase consideration for Reldan was financed through a $500-million senior unsecured guaranteed convertible bond issued in November 2023.