As global markets recover from a lacklustre 2022, the world’s wealthiest billionaires have had a strong start to the new year with sustained increases in share prices, resulting in significant gains in their net worth. Similarly, the top five African billionaires have experienced a remarkable increase in their net worth, although it is still lower
After a staggering wealth decline in 2022, Zimbabwe’s richest man Strive Masiyiwa has seen a significant increase in his net worth since the start of 2023 thanks to a strong rebound in the shares of his publicly traded companies. According to Forbes, the Zimbabwean billionaire, who ranks as the second-richest Black individual in Southern Africa…
Aliko Dangote is set to become Africa s first $30-billion man maravipost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maravipost.com Daily Mail and Mail on Sunday newspapers.
Four of the 23 African billionaires tracked by Billionaires.Africa are on track to end the year as multimillionaires rather than billionaires, as macroeconomic volatility, geopolitical tensions, and supply chain disruptions continue to impact both performance and valuation of their companies. With the financial performance of some African companies under pressure, the decline in these companies’ valuations has…