Tag: Billionaires

Moroccan King Mohammed VI
BankingBillionairesHot News

As France retreats, Moroccan king’s bank claims ground in Ghana

Morocco’s royal-backed Attijariwafa Bank snaps up Société Générale’s majority stake in Ghana, marking a bold power shift into Anglophone West Africa.

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Alex Karp, the chief executive officer of Palantir Technologies
BillionairesEntrepreneursHot News

Richest Black US billionaire Alex Karp buys 37,000-acre Swedish forest

Palantir CEO Alex Karp buys 37,000 acres of Swedish forest for about $22 million as his fortune surpasses $20 billion.

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Ugandan billionaire Sudhir Ruparelia
BusinessHot NewsInvestments

Ugandan billionaire Sudhir Ruparelia buys prime Old Mutual Kampala asset

Sudhir Ruparelia acquires Old Mutual’s UAP Insurance Building on Kimathi Avenue, expanding his Kampala property portfolio.

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Nigerian billionaire Tony Elumelu
BillionairesHot News

Nigerian billionaire Tony Elumelu urges global shift from foreign aid to investment

At UNGA, Tony Elumelu urged global leaders to replace foreign aid with direct investment, highlighting $4.2 billion generated by African startups.

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Aliko Dangote, Africa's richest man and Dangote group President
BillionairesCompaniesHot News

Africa’s richest man Aliko Dangote targets $36 billion revenue in 2026

Aliko Dangote’s conglomerate targets $36 billion in revenue for 2026, doubling its 2025 earnings behind aggressive refining and energy expansion.

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Nigerian billionaire businessman and philanthropist Tony Elumelu.
BillionairesHot News

Nigerian billionaire Tony Elumelu says Africa cannot build economic growth on aid

Tony Elumelu says Africa needs private capital, stronger infrastructure and entrepreneurship—not aid—to drive sustainable economic growth and jobs.

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South Africa's richest man Johann Rupert
BillionairesHot News

South Africa’s richest man Johann Rupert gains $400 million as fortune rebounds to $19.1 billion

Johann Rupert’s fortune has rebounded to $19.1 billion as Richemont shares recover, adding $400 million to his wealth in a week.

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Zimbabwe’s richest man Strive Masiyiwa.
BillionairesHot News

Zimbabwe’s richest man, Strive Masiyiwa, loses $100M as InfraCo shares tumble

Strive Masiyiwa’s fortune dropped $100 million to $2.1 billion after Econet InfraCo shares slid sharply on the Victoria Falls Stock Exchange.

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Africa’s first Black billionaire Patrice Motsepe.
BillionairesHot News

Africa’s first Black billionaire Patrice Motsepe loses $200 million in 3 weeks

Patrice Motsepe’s net worth falls $200 million to $3.5 billion as mining stocks decline and Kropz faces a mine restructuring.

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South African billionaire Ivan Glasenberg
BillionairesBusinessLatest

Glencore’s $2 billion lawsuit costs South African billionaire Ivan Glasenberg $1.3 billion

South African billionaire Ivan Glasenberg saw his net worth plunge by $1.3 billion as Glencore faces a $2 billion legal battle.

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BusinessHot News

Nigeria’s Femi Otedola enters $2 billion club on massive First HoldCo rally

Femi Otedola’s net worth has crossed $2 billion as First HoldCo shares rally, adding $260.2 million to his stake since Aug. 24.

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Nigerian business executive Bella Disu
BillionairesBusinessHot News

Nigerian executive Bella Disu outlines Abumet’s next phase as business expands

Bella Disu outlines Abumet Nigeria’s next phase as the glass and aluminum manufacturer focuses on scale, innovation and stronger market reach.

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