Africa’s first Black billionaire Patrice Motsepe’s wealth rebounds by $200 million
The rebound in Patrice Motsepe’s net worth can be attributed to the surge in the market value of his 40.37-percent stake in ARM
Southern Africa
South African billionaire Koos Bekker gains $200 million in 15 days
Koos Bekker ranks as one of Africa’s richest billionaires, trailing fellow South African billionaires Johann Rupert and Nicky Oppenheimer.
One of Malawi’s richest men, Thom Mpinganjira unveils multimillion-dollar cancer center
Mpinganjira shared the personal motivation behind this ambitious healthcare initiative.
South African-born billionaire Patrick Soon-Shiong’s net worth nears $10 billion
Patrick Soon-Shiong currently ranks as the 220th wealthiest individual on the global list of the world’s wealthiest individuals.
7 companies owned by South African tech tycoon Zak Calisto
South African tech magnate Zak Calisto ranks as one of the top figures in Africa’s tech industry.
South African businessman Josua Maherbe’s stake in Remgro falls below $10 million
Malherbe’s role as a non-executive deputy chairman of Remgro has positioned him as one of the company’s top individual shareholders.
5 companies linked to South African businessman Sello Moloko
Billionaires.Africa has identified and cataloged various companies linked to South African businessman Sello Moloko.
Dangote, Rupert, Motsepe, and others too poor to rank among world’s 100 richest billionaires
The challenges faced by Africa’s billionaires in their pursuit of global wealth rankings serve as a stark reminder of the complex dynamics at play in the global market.
South African tech tycoon Zak Calisto gains nearly $140 million as Karooooo surges on Nasdaq
With a market value of more than $600 million from his 74.73-percent shareholding in Karooooo, Calisto is one of Africa’s wealthiest technology entrepreneurs.
South African businessman Gus Attridge earns $1.3-million salary from Aspen
Apart from his executive and governance roles in Aspen Pharmacare, Attridge owns a notable 4.28-percent stake in Aspen.
Zimbabwean tycoon John Moxon loses nearly $4 million in just three days
Moxon, who played a pivotal role in transforming Meikles Limited into one of Zimbabwe’s leading conglomerates, owns a 10.8-percent stake in the group.
South Africa’s Ackerman family loses $55 million in 22 days from Pick ‘n Pay shares
The Ackerman family, known for their immense wealth, expansive real estate ventures, and diverse private holdings, owns a substantial 25.53-percent stake in Pick ‘n Pay.
Led by South African Saltzman family, Dis-Chem’s earnings slump below $40 million
The billionaire Saltzman family, who currently own a 35.1-percent stake in Dis-Chem, have solidified their status as one of the wealthiest families in South Africa.
South African exec Andre du Plessis earns $1.7-million salary at Capitec in 2023
Since Capitec was founded 20 years ago by du Plessis, South African billionaire Michiel Le Roux, and leading businessmen Jannie Mouton and Riaan Stassen.
Bob van Dijk, former CEO of Africa’s largest company, suffers $9-million loss in 57 days
Van Dijk, former CEO of Africa’s biggest company, suffers $9-million loss in 57 days.
Sibanye, under South African mogul Neal Froneman, loses over half its value in 2023
South African multinational precious metal mining group, under the leadership of CEO Neal Froneman, has witnessed a dramatic decline in its share value.