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Category: Billionaires

August 13, 2026Billionaires

US Court Dismisses Criminal Charges Against Gautam Adani

A US judge has dropped criminal charges against Indian billionaire Gautam Adani, nearly two years after his indictment led Kenya to cancel $2.5 billion in projects.

August 13, 2026Billionaires

Kudakwashe Tagwirei Gifts Son $17.5 Million at $20 Million Wedding

Sanctioned Zimbabwean tycoon Kudakwashe Tagwirei has gifted his son $17.5 million in cash and prime land during a lavish wedding ceremony costing approximately $20 million.

August 7, 2026Billionaires

Femi Otedola Buys ₦18.1 Billion Shares in First HoldCo

Femi Otedola has purchased an additional ₦18.1 billion ($12 million) worth of shares in First HoldCo, accelerating his move toward majority ownership of the banking giant.

August 7, 2026Billionaires

Femi Otedola Invests N18.1 Billion to Raise First HoldCo Stake

Femi Otedola has increased his ownership in First HoldCo Plc by acquiring 138.04 million additional shares valued at N18.11 billion.

August 7, 2026Billionaires

Femi Otedola Boosts First HoldCo Stake With $13 Million Purchase

Femi Otedola has bought an additional 138 million First HoldCo shares for $13 million, bringing his total ownership to 12.09 billion shares.

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Magazine

  • The High Cost of Building in Africa | Issue 138 The High Cost of Building in Africa | Issue 138 ₦3,637.94
  • Africa’s Biggest IPO Happening in London? | Issue 137 Africa’s Biggest IPO Happening in London? | Issue 137 ₦3,637.94
  • Mo Dewji's Plan to Break Coca-Cola's Grip on Africa | Issue 136 Mo Dewji's Plan to Break Coca-Cola's Grip on Africa | Issue 136 ₦3,637.94
  • https://businesselitesafrica.com/wp-content/uploads/2026/06/The-Man-Who-Controls-Africa.webp The Man Who Controls Africa's Largest Pool of Capital | Issue 135 ₦3,637.94
  • Africa's Digital Landlord | Issue 134 Africa's Digital Landlord | Issue 134 ₦3,637.94
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