Managers of Wealth Africa

South African billionaire cashes in R2.5 billion payday

Bekker sold the shares between 17 and 19 December in several transactions totalling R2.47 billion.

Season's Greetings from Managers of Wealth

Happy New Year to all

Why Mauritius is Africa’s new magnet for 1,200 millionaires from China, France

Mauritius ranks second only to Morocco, which attracted about 1,400 millionaires over the same period.

Over 40 jobs that pay more than the average salary in South Africa

Bonuses paid to employees increased by R6.2 billion or 10.9% from R56.7 billion in June 2025 to R62.9 billion in September 2025.

Investec named South Africa’s Bank of the Year 2025 by The Banker

Earlier this year, The Banker also recognised Investec as the Best Performing Bank in the UK in its Top 1000 Global Banks ranking

Standard Chartered deepens digital wealth push across EMEA

In response to increasing demand for mobile and online financial solutions, the bank continuously enhanced its wealth digital capabilities in key EMEA markets.

East Africa: Stanchart Moves to Strengthen Wealth and Risk Management in the Region

The collaboration builds on the bank's sponsorship of the annual CFOs East Africa Awards 2025 and introduces a dedicated advisory pathway to help CFOs safeguard and grow both corporate and personal assets.

DIFC strengthens global family wealth hub status with new programmes and partnerships

During the event, DIFC unveiled several landmark initiatives and partnerships set to reinforce Dubai’s position as the MEASA region’s premier destination for family wealth, next-generation leadership and succession planning

Nedbank Private Wealth launches NexLegacy initiatives to tackle the wealth transfer challenge

Nedbank Private Wealth is now addressing this issue with the launch of its NexLegacy initiative – an innovative approach designed to teach children* from high-net-worth families how to build, protect, and grow wealth throughout their lives.

NCBA shares cheat sheet on generational wealth transfer with customers in Nanyuki

The initiative is central to NCBA’s strategy to strengthen its Platinum Banking and Retail Wealth Management Value Proposition by offering structured advisory services.

Global Finance Names The World’s Best Private Banks 2026

Global Finance’s editorial board selected the winners for the Private Bank Awards with input from executives and industry insiders.

Sanlam Morocco positions itself in the wealth management market

The new offering combines asset management, wealth engineering, private equity, real estate, and discretionary management

R253 million payday for billionaire Johann Rupert

Rupert has 7,553,865 ordinary shares in the company through a controlled associate and controls 39,056,987 B-shares through Rupert Beleggings Proprietary Limited.

South African billionaire Michiel Le Roux gains $87 million from Capitec stake

Capitec Bank co-founder Michiel Le Roux adds $87 million to his wealth after the bank’s stock surge boosts its market value past $24 billion.

Citi Wealth releases 2025 Global Family Office Report

The report was compiled by Citi Wealth’s Global Family Office Group, which works with over 1,800 family offices worldwide

FirstCape selects FNZ as it consolidates JBWere NZ’s wealth management platform and custodian

JBWere NZ CEO Craig Patrick says the decision marks a significant step in the long-term strategy to continue delivering client-centric solutions.

South Africa’s hidden ultra-luxury goldmine

According to Fortune Business Insights, the global luxury travel market will surpass $2.72 trillion (R48.13 trillion) in 2025

How South Africa’s ultra-rich protect their wealth

As the global economy becomes increasingly unstable, luxury real estate has become a favoured vehicle for financial growth, stability, and intergenerational continuity.

Check out the top 10 richest Africans and how they made their money

A prominent philanthropist, he remains the continent’s defining industrialist, with wealth tied mainly to cement and downstream energy.

Joburg vs Cape Town: Africa’s wealth capitals face off

Africa Wealth Report 2025 shows Johannesburg still in the lead – but Cape Town is catching up fast.

Wealth and Asset Management