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    Home » South Africa’s second-richest man sees net worth soar to $12 billion
    World Economy

    South Africa’s second-richest man sees net worth soar to $12 billion

    morshediBy morshediFebruary 8, 2025No Comments3 Mins Read
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    Key Factors

    • Nicky Oppenheimer’s internet value has surged by $225 million in 17 days, bringing his complete fortune to $12 billion, in response to Bloomberg’s Billionaires Index.
    • His wealth achieve this 12 months now stands at $450 million, pushed by non-public investments by Stockdale Road and Tana Africa Capital throughout various industries.
    • Past enterprise, Oppenheimer co-owns Tswalu Kalahari, South Africa’s largest non-public sport reserve, supporting wildlife conservation and regional biodiversity.

    After a strong performance in 2024 and regular wealth features within the early months of 2025, Nicky Oppenheimer, South Africa’s second-richest particular person, has seen his fortune develop considerably. Over the previous 17 days, his internet value has risen by $225 million, reaching $12 billion, in response to the Bloomberg Billionaires Index.

    The 79-year-old businessman, greatest identified for his affect within the diamond business and the 2012 sale of his household’s 40-percent stake in De Beers to Anglo American for $5.2 billion, has continued to see his wealth climb. His internet value stood at $11.8 billion simply 17 days in the past and has now reached $12 billion on the time of drafting this report.

    Oppenheimer’s wealth jumps $450 million in 2025

    This follows the $225 million gain he recorded in the first three weeks of 2025, when his internet value rose from $11.6 billion at the beginning of the 12 months to $11.8 billion by Jan. 22. With this newest enhance, his complete wealth achieve for the 12 months now stands at $450 million.

    On the time of writing, Oppenheimer ranks 222nd among the many world’s richest people, holding agency as Africa’s third-richest particular person and South Africa’s second, behind Johann Rupert, whose fortune has grown by greater than $2.58 billion this 12 months.

    The $450-million wealth increase to this point in 2025 is pushed by a various combine of personal investments managed by his London-based agency, Stockdale Road, and Johannesburg’s Tana Africa Capital. These companies have strategically positioned the Oppenheimer household throughout a variety of industries, strengthening their affect each in Africa and past.

    Oppenheimer’s conservation efforts in Africa

    Past enterprise, Oppenheimer is deeply dedicated to wilderness conservation. Alongside his son, Jonathan, he co-owns Tswalu Kalahari, South Africa’s largest non-public sport reserve, which supplies a secure haven for wildlife and performs a key function in preserving the area’s biodiversity.

    The main South African billionaire can also be the proprietor of the 65,000-hectare Shangani Ranch, an important migration route for animals that contributes considerably to the native economic system by using 400 people and facilitating beef exports to the UK.



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