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Category: <span>Wealth</span>

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Amazon founder Jeff Bezos donated $10 Million to Jay-Z’s foundation

Amazon founder Jeff Bezos donated $10 Million to Jay-Z’s foundation

It’s great to have friends in high places with big bucks in order the move a social capital and make a difference in other people’s lives. Amazon founder Jeff Bezos and his fiancée Lauren Sanchez contributed a $10 million legacy donation to Jay-Z’s San Carter Foundation. Bezos was not alone to wash the foundation with...

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Report: Angolan billionaire Isabel dos Santos is being sued for unpaid loans [around $400 million]

Report: Angolan billionaire Isabel dos Santos is being sued for unpaid loans [around $400 million]

Talk radio 702 Bongani Bingwa interviews Africa Report correspondent, Crystal Orderson (skip to 2:38). Africa’s first female billionaire and daughter of former Angolan president, Isabel dos Santos, has found herself in the hot seat…once again. According to a ruling by London’s High Court, dos Santos can be personally added to a $400 million lawsuit. This...

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 Wealth: Here’s how former Retail executive Whitey Basson Crushed his peers – Report

 Wealth: Here’s how former Retail executive Whitey Basson Crushed his peers – Report

New analysis by Daily Investor revealed that former Shoprite CEO Whitey Basson created a 2,450% return in shareholder value during his fifteen-year tenure. For this analysis, Daily Investor looked at the shareholder returns – share price growth and dividends – under prominent retail CEOs over the last twenty years. The start date for the analysis...

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[Book Review] How Naspers Boss Koos Bekker made his Billions – Report

[Book Review] How Naspers Boss Koos Bekker made his Billions – Report

Billionaire businessman, founder and chairperson of Naspers Koos Bekker is one of those successful individuals this country [South Africa] has produced and celebrated. He also co-founded M-Net/MultiChoice and was a founding director of telecommunications company MTN. Recently, Talk Radio 702 host Bruce Whitfield spoke with financial journalist T.J. Strydom about his book “Koos Bekker’s Billions”. ...

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