South African tycoon, Terrence Moolman, rakes in $4 million from Caxton shares
In just six days, the market value of his stake has climbed by $4.06 million, bringing his total holdings to $124.26 million.
Caxton
Caxton appeals to constitutional court over Media24’s $2.5 million restructuring deal
Caxton appeals Media24’s $2.5 million restructuring plan, citing risks to media diversity, rural access, and competition in South Africa’s shifting print landscape.
Terrence Moolman makes $15 million from Caxton stake in 2024
This not only cements Moolman’s position among South Africa's wealthiest investors but also highlights his significant influence in the media industry.
South African tycoon Terrence Moolman’s Caxton stake surges above $130 million
This surge is driven by the sustained rise in the shares of the leading publisher of books, newspapers, and magazines on the Johannesburg Stock Exchange (JSE).
South African tycoon Terrence Moolman sees $9.2-million increase from Caxton shares
This gain brings his total holdings to nearly $130 million, reinforcing his position as a leading figure in South Africa's media industry.
Terrence Moolman's Caxton delivers $37.1-million profit in 2024
Profit fell from R751.88 million ($42.39 million) in 2023 to R657.36 million ($37.07 million), driven by rising costs, and subdued consumer spending.
South African tycoon Terrence Moolman loses $3.6 million in Caxton stake in just 6 days
This setback comes after a previous gain of $5.6 million recorded between April 3 and May 20.
South African media mogul Terrence Moolman boosts fortune by $5.61 million
As Caxton’s CEO and co-founder, Moolman holds a 51.84-percent stake in the company, equivalent to 186,262,725 shares.
South African tycoon Terrence Moolman’s Caxton stake gains $3.2 million
This recent boost follows a period of decline between Feb. 6 and April 18, when Moolman’s stake in the company fell by R146.85 million ($7.66 million).
5 companies owned by South African media magnate Terrence Moolman
His astounding rise from an entry-level position to a key figure in the media tells a story of resilience, determination, and commitment.