Billionaires.Africa
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Your source of news on African Billionaires and UHNWIs.
Billionaires.Africa
5h ago
PSG Group is a holding company, with positions in banking, education, finance, and consumer goods. The South African Mouton family owns 24.5 percent of the company
The post South African billionaire Mouton family firm hits $21.3 billion assets under management appeared first on Billionaires.Africa ..read more
Billionaires.Africa
6h ago
This gain solidifies Bekker's position as a prominent South African business leader and a top investor on the JSE.
The post South African billionaire Koos Bekker’s Naspers stake soars past $320 million appeared first on Billionaires.Africa ..read more
Billionaires.Africa
8h ago
Despite this setback, Ovia retains his status as Nigeria's richest banker, underscoring his success as a leading businessman in the nation.
The post Jim Ovia’s Zenith Bank stake sees $14.63 million drop amid share price fall appeared first on Billionaires.Africa ..read more
Billionaires.Africa
8h ago
Group revenue from cement, clinker, and other products surged 100 percent year-over-year, reaching N817.35 billion ($659.3 million).
The post Cement company of Africa’s richest man doubles revenue to $659.3 million in Q1 2024 appeared first on Billionaires.Africa ..read more
Billionaires.Africa
11h ago
In a post-meeting interaction, Aig-Imoukhuede reaffirmed the group's commitment to industry recapitalization and delivering consistent returns to shareholders.
The post Access Holdings’ $1.71B capital raise: Nigerian banker Aigboje Aig-Imoukhuede’s global vision unveiled appeared first on Billionaires.Africa ..read more
Billionaires.Africa
11h ago
Winfrey's net worth has risen by $200 million, reaching $3 billion, according to Forbes. This marks a significant rise from $2.8 billion on January 1.
The post Oprah Winfrey’s wealth hits $3 billion: Inside her $200 million gain and Hawaiian estate appeared first on Billionaires.Africa ..read more
Billionaires.Africa
11h ago
NCBA Bank Kenya justified the increase, citing the need to align with prevailing market conditions.
The post NCBA Bank, backed by Kenya’s richest, hikes loan rates: What it means for your wallet appeared first on Billionaires.Africa ..read more
Billionaires.Africa
16h ago
Patel's latest acquisition reflects a significant year-on-year increase in his Absa holdings. In December 2022, he held 47.57 million shares (0.88 percent stake).
The post Kenyan billionaire Baloobhai Patel buys big, now owns more than 1 percent of Absa Bank appeared first on Billionaires.Africa ..read more
Billionaires.Africa
21h ago
Rich Paul rose from selling throwback jerseys from his car's trunk to running a sports agency powerhouse, Rich Paul's and owning several business ventures
The post An ‘Agent’ of Change: Meet Sports Agency Powerhouse, Rich Paul appeared first on Billionaires.Africa ..read more
Billionaires.Africa
1d ago
The recent $4.23-million gain further strengthens Stuhler's reputation not only as a high-value JSE investor but also as one of South Africa's most affluent individuals.
The post South African-born tycoon Barry Stuhler gains $4.2 million from Lighthouse stake appeared first on Billionaires.Africa ..read more