South African tech mogul Zak Calisto takes $180 million hit on Karooooo stake
The $809.2 million decline comes after a brief surge between Jan. 27 and Feb. 6, when his holdings gained $71 million before the downturn wiped out those gains.
South African tech mogul
Zak Calisto’s Karooooo faces major write-down after political unrest in Mozambique
It expects minimal impact on earnings and cash flow, as Mozambique contributes a small share of profits across 25 countries.
South African tech leader Zak Calisto’s Karooooo stake tops $950 million
Calisto’s net worth has surged significantly, driven by a sharp rise in the market value of his shares in Karooooo.
South African tech mogul Zak Calisto gains $65 million from Karooooo shares
South African tech mogul Zak Calisto's fortune surges by $65 million amid Karooooo's market rally
South African tech mogul Zak Calisto gains $56 million from Karooooo shares
Zak Calisto, who founded Karooooo in 2001 to provide stolen car recovery services in South Africa, holds a 74.73-percent stake in the company
South African tech mogul Zak Calisto loses $79.2 million from Karooooo shares
Despite the decrease in his stake in Karooooo, Calisto remains one of Africa’s top tech entrepreneurs.
South African tech mogul Zak Calisto gains $55.6 million from Karooooo shares in just 9 days
This surge highlights Calisto’s influence in South Africa’s tech sector, underscoring his role in shaping Karooooo’s path forward as a top provider of intelligent transportation solutions.
South African tech mogul Zak Calisto loses $34.5 million from Karooooo shares
Amid the recent market volatility, the market value of Calisto’s stake has dropped significantly by $34.52 million, falling from $609.57 million on March 21 to $575.05 million.
South African tech mogul Zak Calisto’s Karooooo stake soars to $605 million
Calisto’s stake has increased by $25.49 million from $579.68 million on March 15 to $605.17 million at the time of drafting this report.
South African tech mogul Zak Calisto gains $41.7 million from Karooooo stake
This rise comes on the heels of a significant setback, where Calisto experienced a $26.41-million loss between Feb. 12 and Feb. 23.
South African tech tycoon Zak Calisto gains more than $17 million from Karooooo stake
With a stake of 74.7 percent in Karooooo, valued at more than $580 million, Calisto stands among Africa’s top tech entrepreneurs.
South African tech mogul Jens Montanana rakes in $5.5 million in 70 days from Datatec stake
Montanana’s stake since the start of the year has risen to $58.34 million.
