South African billionaire Laurie Dippenaar sees $45.6-million surge in FirstRand stake in 46 days
Dippenaar owns a 1.76-percent stake in FirstRand, which translates to 98,726,988 shares.
Dippenaar owns a 1.76-percent stake in FirstRand, which translates to 98,726,988 shares.
After South African furniture retail tycoon Eric Ellerine sold off his shares in Ellerines, he established his family office that invests in malls, private equity and listed equities.
This substantial surge in Kirsh’s fortune marks a significant turnaround following a slump of $170 million earlier this year.
Back in 2015, Brait, under the leadership of Wiese, acquired an 80-percent stake in Virgin Active for $862.8 million.
Shabangu, one of South Africa’s wealthiest men, is building the mall in partnership with Moolman Group, Twin City, and Green Giraffe.
The decline in Soon-Shiong’s fortune can be attributed to the drop in the market value of his 80-percent stake in ImmunityBio.
Froneman announced the company’s shift in focus during his speech at the London Indaba conference earlier this week.
Maseko’s appointment to the Shoprite Holdings board solidifies his position as one of South Africa’s leading business leaders.
Billionaires.Africa presents its ranking of the 10 richest investors on the Namibian Stock Exchange in 2023.
Billionaires.Africa presents its ranking of the 10 richest investors on the Malawi Stock Exchange in 2023.
Billionaires.Africa presents its ranking of the 30 richest investors on the Johannesburg Stock Exchange in 2023.
Billionaires.Africa presents its ranking of the 15 richest investors on the Botswana Stock Exchange in 2023.
Oppenheimer’s net worth has surpassed $9 billion, as he joins the list of billionaires with impressive wealth gains this year.
The deal will enable Pick ‘n Pay to expand its operations and bolster its earnings and revenue.
Wiese owns a substantial 19.23-percent stake in Invicta Holdings.
Froneman has revealed that Sibanye-Stilwater is two months away from finalizing the offer to acquire Zambia’s Mopani Copper Mines.