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Billionaires.Africa is the world's premier source of news and information on African billionaires and UHNWIs.
- 205articles · 30d
- 4+ hour agolatest article
- Aug 14, 2026earliest in window
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- 380avg words
- Economy, Business & Finance 174
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- News 114
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News
Billioanaire Johann Rupert names son Anton Richemont co-deputy chair
4+ day, 48+ min ago (603+ words) Johann Rupert has put his 39-year-old son Anton in charge of Richemont's creative and commercial direction as non-executive co-deputy chairman, announced on the day of the group's annual general meeting. South African billionaire Johann Rupert has appointed his son Anton…...
Gambling tycoon Moshal gave $7.4m to four SA parties
5+ day, 19+ hour ago (378+ words) Martin Moshal built his fortune on online gambling and lives in Sydney. He is the largest donor to ActionSA and BOSA, second-largest to the DA. Asked about a gambling ban, one party declined to comment and another declined to answer....
Inside Lebashe, the South African group holding $2.5bn of Capitec
6+ day, 3+ hour ago (1727+ words) Lebashe holds 8.5 million Capitec shares worth R39.6 billion, pledged to two banks as security for the loans that bought them. Lebashe Investment Group told a South African court in 2022 that it held approximately 8.5 million shares in Capitec Bank Holdings, the Johannesburg-listed…...
The South African property tycoon bringing Hilton to Zimbabwe
1+ week, 2+ hour ago (1015+ words) Hilton will open its first Zimbabwe hotel in 2029 with Terrace Africa, the Harare developer South African Brett Abrahamse founded at 28. Hilton will open its first hotel in Zimbabwe, and has signed an agreement with Terrace Africa for a 140-room Hilton…...
South African billionaire Michiel le Roux gave the DA $13 million
1+ week, 16+ hour ago (664+ words) Capitec founder Michiel le Roux has donated $13 million to the Democratic Alliance over five years, the largest sum from any individual donor. Michiel le Roux has given the Democratic Alliance more than R208 million ($13 million) over the past five years, more…...
South African tycoon Zunaid Moti builds school in Botswana
1+ week, 1+ day ago (757+ words) Zunaid Moti's African Hero unveiled the Duma Boko School and Clinic in Gaborone, months after Botswana's finance ministry rejected his proposal. President Duma Boko unveiled a school and clinic bearing his own name in Gaborone on Saturday, built by a…...
South African coal tycoon Sipho Nkosi now funds video games
1+ week, 1+ day ago (1050+ words) Sipho Nkosi built Exxaro into a major coal producer, retired in 2016 and now chairs Talent10, which has backed IoT, films, gaming and insurance. Sipho Nkosi spent a decade running one of Africa's largest coal producers. He now chairs a company that…...
Inside the empire South African billionaire Douw Steyn built
1+ week, 1+ day ago (1229+ words) Douw Steyn bought a bankrupt insurer in 1984 and built Budget Holdings Limited, Steyn City and the Saxon Hotel before his death in February 2025. Douw Steyn was a quantity surveyor who could not get an insurance licence. In 1984 he bought a…...
Billionaire Johann Rupert's Cartier opens first NZ store
1+ week, 3+ day ago (523+ words) Cartier has opened its first New Zealand store, on Auckland's Queen Street. It is the eighth in Oceania for the house that has driven most of billionaire Johann Rupert's recent gains and Richemont's third brand on the same street. Cartier…...
South Africa's Brimstone lifts dividends 76% to R161 million
1+ week, 4+ day ago (719+ words) Brimstone's cash dividends rose 76.5% to R161.4 million and net asset value 11.7%, even as US health funding cuts hit its Obsidian business. Fred Robertson's Brimstone Investment Corporation collected 76.5% more in cash dividends from the companies it owns during the first half of…...