Category: <span>Wealth</span>

 ONYX Hospitality Group, one of the leading regional players in Southeast Asia, is delighted to announce the launch of its 2025 holiday season campaign, “Beyond the Festivities.” Designed to create cherished memories for guests while strengthening connections with local communities, the campaign will be celebrated across ONYX Hospitality Group’s four distinctive brands: Amari, OZO, Shama, and Oriental Residence....

Africa’s richest man Aliko Dangote regains $29 billion net worth, driven by cement gains and refinery exports. A few weeks after his fortune took a sharp dip, Africa’s richest man, Aliko Dangote, is seeing his wealth climb again. The founder of Dangote Group has watched his net worth rise back to $29 billion, putting him...

After renewing his contract with the Saudi Arabian club Al-Nassr, the Portuguese player had his fortune valued at 1.2 billion euros. Cristiano Ronaldo has set yet another record by becoming the first footballer with an estimated wealth of more than a billion euros. The player’s already considerable fortune increased in June when he renewed his...

Truecaller, the leading global platform for verifying contacts and blocking unwanted communications, reached a significant milestone in August as the number of monthly active users (including both Android and iOS) crossed 100 million in the MEA-region, representing a 19% growth y-o-y. “With the Middle East and Africa experiencing significant growth in smartphone adoption and mobile...

Strive Masiyiwa is a telecommunications and technology entrepreneur, investor, and philanthropist. In his nearly four decades as an entrepreneur, he has started and invested in businesses throughout the world including Africa, the European Union, India, Latin America, the Middle East, New Zealand, the UK, and the USA. Some of his most prominent start-up companies and...

Dr Patrice Tlhopane Motsepe has a net worth of $3.1 billion (R56,2 billion) and is one of the richest people in Africa. He has built an incredible business empire with assets in mining, the finance industry, telecommunications, and sports. His business success belies the fact that he had a humble upbringing without the luxuries many...

Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth, African Development Bank President Akinwumi Adesina said on Thursday. “I think it’s time for us to have debt transparency accountability and make sure that this whole thing of these opaque natural resource-backed loans actually ends,...

Minister hails Bonkoungou’s Princess Sarah Clinic, a beacon of hope for Burkina Faso’s health sector Burkina Faso’s richest man Mahamadou Bonkoungou has further diversified his business portfolio with the inauguration of the Princess Sarah Clinic, a high-tech medical facility located in Ouaga 2000, a modern extension of the country’s capital city, Ouagadougou. The inauguration ceremony,...

Across three decades, Byron Allen has cemented himself as one of today’s biggest media moguls. The 62-year-old first got his big break in the entertainment industry at age 14 when he started out working in stand-up comedy, as previously shared by AFROTECH. By 1993, Allen founded what is known today as Allen Media Group.  The media and entertainment company...

Bernard Arnault lost his spot as the world’s second-richest person as a selloff in luxury stocks pushed his net worth below that of Amazon.com Inc.’s Jeff Bezos. Arnault is founder and chief executive officer of LVMH, the French luxury powerhouse that includes brands such as Louis Vuitton and Moet & Chandon. His wealth has fallen by $6.8...