01/27/2025
Massive R106 billion payday for South Africa’s richest men
It shows that in total, the number of billionaires worldwide rose from 2,565 in 2023 to 2,769 in 2024, and their combined wealth increased from $13 trillion to $15 trillion.
Wealth and Asset Management
01/21/2025
The salary you need to send your kids to the most expensive schools in South Africa
As of the end of 2024, over 2,325 independent schools were registered across South Africa.
01/20/2025
The richest people in South Africa at the start of 2025
South African-born Elon Musk kicks off 2025 as the richest person in the world
01/16/2025
How Omig is leading the way in DEI asset management industry
Omig’s journey underscores that transformation is a regulatory and business imperative.
01/09/2025
The one-day trip from Cape Town which costs R300,000 per person
The Greatest Day Experience is a popular option for people who want to experience Antarctica but do not want to stay there for a week.
01/08/2025
The man who will take over the R209 billion Rupert empire
Johan Rupert and Anton Rupert Jnr. hold 7,551,005 shares in Remgro through an associate company, representing 1.4% of the company’s issued share capital.
12/30/2024
The one government job that saw massive salary hikes this year – and 17 others
Topping the list are those working in provincial departments, where average earnings have jumped 22.3% to R34,801 per month
12/24/2024
Season's Greetings from Managers of Wealth
Thank you for your trust and support
12/17/2024
South African billionaire Patrice Motsepe’s TymeBank now worth R27 billion
“They do not have plans to organically grow into Southeast Asia,” said Jonker, and its investment “is really the bet that they are taking as Nubank in Southeast Asia and Africa.”
12/13/2024
This is the average salary in South Africa right now
Basic salaries and wages rose by 0.8% (R6.7 billion) in September 2024, reaching R878.2 billion.
12/10/2024
RMB Private Bank expands its offering with FNB Connect
Our aim is to simplify and streamline connectivity management, adapting it to the lifestyle preferences of our clients by offering flexibility.
12/06/2024
Wealth managers and financial advisers globally dial-up private markets allocations in response to shifting market dynamics
On average, most investor allocations to private markets are either 5%-10% or 1%-5% of portfolio exposures.
12/05/2024
Everest Wealth, Part 2: How risky are its investment offerings?
Cash flow concentration and reliance on small businesses may make Laudian’s portfolio riskier than Everest Wealth suggests.
11/28/2024
How many millionaires live in South Africa – with 82,000 more expected
Faced with these challenges, many affluent South Africans have opted to leave the country in search of greater stability and security abroad.
11/27/2024
The man who’s a hair away from becoming South Africa’s next dollar billionaire
Calisto controls 20,028,811 of the company’s shares, giving him a direct 64.81% stake in the company valued at about R15 billion.
11/26/2024
Business Talk – Glacier CEO Khanyi Nzukuma on how to improve your offshore investment portfolios
Nzukuma also explains the approach Glacier’s advisors take to increasing their clients’ portfolio values and driving superior outcomes.
11/25/2024
Lombard Odier wins two awards at the WealthBriefing MENA Awards 2024
This award recognises Lombard Odier as the leading international private bank with headquarters outside the MENA region.
11/13/2024
Nedbank Private Wealth named Best Private Bank in Africa
Our role is not just to manage wealth, but to be a trusted partner in helping clients grow, protect and pass on their wealth to future generations
11/08/2024
Major shift for South Africa’s most exclusive bank
The firm’s new offering will include person-to-business and business-to-person payment services.
11/06/2024
Banking and advice integration attracts high-income clients for Standard Bank Private
Standard Bank’s consumer research show that over and above personalized banking service, private banking clients are turning to their bankers for advice