How Africa’s billionaires lost billions: 5 costly investment blunders
Even billionaires make costly mistakes—overleveraging, overexposure, disruption, misjudgment, and poor due diligence can erase fortunes in months.
Koos Bekker
Prosus, led by South African Billionaire Koos Bekker, acquires food delivery firm for $4.3 billion
Prosus acquires Just Eat Takeaway.com for $4.3 billion, expanding its European food delivery dominance and leveraging AI, investment expertise, and logistics innovation.
South African billionaire Koos Bekker’s net worth climbs to $3.2 billion as Tencent adds DeepSeek AI to WeChat
The $200-million windfall is tied to Bekker’s stakes in Africa’s most valuable company, Naspers, and its Amsterdam-based subsidiary, Prosus.
Internet group led by South African billionaire Koos Bekker buys back $196 million in shares
While continuing its buyback program, Prosus is also looking ahead, with plans to invest nearly $20 billion in Europe.
Internet group led by South African billionaire Koos Bekker to invest $20 billion in Europe
Prosus, which holds a diverse portfolio spanning fintech, social media, edtech, and food delivery, is doubling down on growth opportunities in the region.
Naspers spends $1.2 billion on share buybacks in less than 5 months
Naspers has invested $1.2 billion to repurchase 5.38 million shares over the past five months, enhancing shareholder value and reaffirming financial stability.
South African billionaire loses $112 million as US targets Tencent in Chinese military blacklist
His 0.76% stake in Prosus dropped $73 million, while his 0.93% stake in Naspers lost $39.6 million.
South African billionaire Koos Bekker's Naspers stake gains $108.9 million
Despite market volatility, Naspers’ stock has shown resilience this year, consistently delivering value to investors.
Prosus to acquire online travel agency in Latin America for $1.7 billion
Prosus is set to acquire Latin America’s top online travel agency, Despegar, for $1.7 billion to expand its ecosystem.
Naspers, led by Koos Bekker, reports $3.4 billion in revenue for H1 2025
This highlights the group's strong financial performance and strategic execution under Bekker's leadership.
Prosus aims for $400-million e-commerce profit by 2025
CEO Bloisi emphasizes profitability and strategic divestments in core business
Prosus, linked to South African billionaire Koos Bekker, offloads $743 million worth of Trip.com shares
Prosus N.V. has grown into a leading global consumer Internet group. The transaction gives Prosus liquidity to focus on higher-growth areas in its portfolio.
