South Africa’s richest man Johann Rupert sees $1.05-billion surge in net worth
The recent increase in Rupert’s fortune is linked to the performance of his 9.14-percent stake in Richemont.
Southern Africa
Companies owned by South Africa’s second-richest man Nicky Oppenheimer
The South African billionaire investor is renowned for his global investments in Africa, Asia, the United States, and Europe.
South African-British billionaire Clive Calder gains $100 million in just 2 days
The recent $100-million surge in Calder’s fortune, pushing his year-to-date wealth gains to $250 million is tied to the performance of his privately owned assets.
South African executive John Copelyn earns $1.2-million salary in 2023
Copelyn’s strategic leadership propels Hosken Consolidated Investments Limited (HCI) to a record-breaking 58.6-percent profit surge in 2023.
South African tycoon Giovanni Ravazzotti loses $31.5 million from Italtile stake
Ravazzotti, a top figure in the South African business arena, owns a 33.88-percent stake in Italtile — this amounts to a total of 447,746,694 shares in the company.
South African billionaire Michiel Le Roux gains $100 million within 24 hours
The recent uptick in his fortune can be attributed to the performance of his 11.39-percent stake in Capitec Bank.
South Africa’s richest man Johann Rupert gains $500 million in just 9 days
Rupert has cemented his status as South Africa’s richest individual, maintaining his lead over fellow South African magnate Nicky Oppenheimer.
South African executive Michael Koursaris pockets $1-million salary in 2023
Koursaris started at AVI in 2002 as a business development analyst and rose to become a business development executive in January 2011.
South African executive Tim Jacobs takes home $1.3-million salary in 2023
The compensation package marks a notable 27.8 percent increase compared to the R19.92 million ($1.05 million) remuneration he received in the previous fiscal year.
South African tycoon Stephen Brookes faces $1.4-million loss from Balwin stake
Brookes, a South African real estate mogul who founded Balwin Properties in 1996, is the company’s largest shareholder, holding 170,374,031 shares, or a 36.08-percent stake.
South African billionaire Christo Wiese’s stake in Shoprite slumps by $50 million
Wiese owns an 11.5-percent stake in the leading supermarket chain, which translates to a total of 68,083,200 ordinary shares in the group.
South African tycoon Jonathan Jawno’s Transaction Capital eyes $65 million in WeBuyCars unbundling
As a founding member of Transaction Capital, Jawno holds a 9.59-percent stake in the group, making him the second-largest shareholder.
Zimbabwe’s richest man Strive Masiyiwa adds $100 million to net worth in 2024
Masiyiwa’s strategic investments and resilient portfolio have not only weathered currency devaluations but have also propelled him to new heights in the realm of global wealth.
South African executive Simon Crutchley pockets $2.8-million salary in 2023
In addition to his executive roles, Crutchley holds a 0.25-percent stake in AVI Limited.
South African executive Jannie Durand pockets $2.1-million salary from Remgro
Durand’s compensation comprises a base salary of R12.8 million ($0.67 million) and a short-term incentive of R0.44 million ($0.023 million).
South African tycoon Zak Calisto’s Karooooo unveils $25.7-million stock buyback plan
The repurchase program is seen as a strategic move to boost shareholder returns while ensuring financial flexibility.