
South African tycoon Adrian Gore’s stake in Discovery rises by $42.9 million in three weeks
The steady rise in Adrian Gore’s stake reflects growing investor confidence in Discovery.
The steady rise in Adrian Gore’s stake reflects growing investor confidence in Discovery.
The solid performance came despite a tough economic climate, driven by growth in its core businesses, customer acquisition, and steady global expansion.
The rebound follows a $22.6 million decline in his stake between January 7 and 19.
This marks a reversal after his stake surged by $147.4 million in 2024, reaching $525.12 million 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.
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.