Tag: South African billionaire

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South African billionaire Christo Wiese’s Brait plots Virgin Active IPO in $152 million public market push

Christo Wiese's Brait backs a $152 million rights offer as Virgin Active advances IPO plans after reporting 37 percent EBITDA growth.

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South Africa's richest man Johann Rupert
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South African billionaire Johann Rupert becomes second African to hit $20 billion

Johann Rupert hits $20.2 billion as Richemont luxury stock surges, making him the second African to pass the $20 billion mark.

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South Africa's richest man Johann Rupert
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With nearly $20 billion fortune, Johann Rupert is back as Africa’s second-richest person

Johann Rupert is back as Africa’s second-richest person with a $19.9 billion fortune as luxury group Richemont edges ahead of BUA's Rabiu.

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South African billionaire Koos Bekker gains $100m from Tencent AI rally, EU antitrust delay

Koos Bekker’s net worth jumps to $3.5 billion as a Tencent AI agent prototype and a European Commission antitrust delay send Naspers and Prosus shares higher.

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South African billionaire Patrice Motsepe.
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South African billionaire Patrice Motsepe’s net worth drops $200 million so far in May

Patrice Motsepe’s net worth drops by $200 million in May to $3.7 billion as African Rainbow Minerals shares fall nearly 7 percent.

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South African billionaire Patrice Motsepe.
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South African billionaire Patrice Motsepe’s net worth slips $100 million to $3.8 billion

Patrice Motsepe’s fortune declines to 3.8 billion as African Rainbow Minerals shares weaken after recent trading pressure.

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South African billionaire Michiel Le Roux.
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South African billionaire Michiel Le Roux loses $300 million despite Capitec’s growth

The decline follows a strong 2025, when Le Roux’s net worth surged by $1.6 billion alongside a broad rally in Capitec Bank shares.

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South Africa’s second-richest man, Nicky Oppenheimer.
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South African billionaire Nicky Oppenheimer rebounds with $1.6 billion gain

Nicky Oppenheimer adds $1.6 billion in five weeks as private investments drive wealth recovery across Africa, Asia, and global markets.

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South African billionaire Koos Bekker hit by $500 million loss in share slide

The drop follows a steady slide in the shares of Naspers and its Amsterdam-listed unit Prosus, two companies central to his fortune.

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Johann Rupert, chairman of Richemont and Remgro Limited.
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South Africa’s richest man, Johann Rupert, loses $900 million as Richemont shares fall

South African billionaire Johann Rupert loses $900 million in 10 days as Richemont shares fall, cutting his net worth.

Omokolade Ajayi Omokolade Ajayi
Johann Rupert, chairman of Richemont and Remgro Limited.
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South Africa’s richest man, Johann Rupert, gains $1.7 billion on Richemont rebound

Johann Rupert gains $1.7 billion, lifting his net worth to $17.7 billion and strengthening his position as South Africa’s richest man.

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South African billionaire Patrice Motsepe.
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South African billionaire Patrice Motsepe gains $200 million as ARM shares jump

South African billionaire Patrice Motsepe gains $200 million as ARM shares rise, boosting his net worth to $3.9 billion ahead of dividend payout.

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