South African tycoon Adrian Gore earns $1.7 million salary from Discovery in 2024
Discovery CEO and Co-founder Adrian Gore’s 2024 compensation package comprises a secure base pay of $448,843 and a performance-based short-term incentive of $565,687.
Discovery CEO and Co-founder Adrian Gore’s 2024 compensation package comprises a secure base pay of $448,843 and a performance-based short-term incentive of $565,687.
Royal Bank of Canada acquires a 5.0146% stake in Discovery, signaling confidence in South Africa’s financial services and insurance sector.
The value of his holdings has climbed by R2.57 billion ($147.37 million) since the start of the year, reflecting the stock's robust rally.
Adrian Gore, one of South Africa’s most affluent executives, owns a 7.19-percent stake in Discovery.
Gore, one of South Africa’s most successful businessmen, owns 48,342,931 shares of Discovery.
Discovery Holdings announces its top five executives earned a combined R205 million in FY 2024, highlighting significant performance bonuses and strategic growth in the competitive financial services sector.
Discovery Bank grew its client base by 36 percent, despite a 41-percent drop in profit.
South African insurance tycoon Adrian Gore nears billionaire status amid Discovery’s strong performance.
This uptick follows a period of steady gains for Gore, with his Discovery stake growing by $22 million between May 15 and 29.
The two newly issued bonds, detailed in filings with the JSE on May 14, have nominal values of R576 million ($31.33 million) and R924 million ($50.26 million).
Despite the recent plunge, Gore remains a prominent figure on the JSE and one of South Africa’s wealthiest businessmen.
The single-digit percent uptick in Discovery shares has boosted the market value of Gore’s stake by R697.27 million ($37.42 million) in the past 10 days.
Despite the recent plunge, Gore remains a prominent figure on the JSE and one of South Africa’s wealthiest businessmen.