Van Rooyen’s stake in Trustco has declined by $21.37 million since Nov. 14.
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Van Rooyen, who owns an impressive 63.94-percent stake in Trustco, ranks as one of Namibia’s richest men.
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Namibia’s richest investor Quinton van Rooyen loses $24 million from stake in Trustco Group
His net worth increased by $29 million in the first week of 2022.
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Namibian tycoon Quinton van Rooyen gains $23.8 million in one week as Trustco shares rebound
Trustco is a diversified investment holding majority owned and operated by the Namibian van Rooyen family.Â
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Namibian tycoon Quinton van Rooyen sees $166.45-million loss as Trustco shares lose half their value
The $167.92-million loss can be linked to a sell-off in the shares of the investment holding.