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South African tycoon Cobus Stofberg's Naspers stake now worth $120 million with rahim66


Key Points

  • Cobus Stofberg’s Naspers stake has climbed to $123 million after a strong rally on the Johannesburg Stock Exchange in 2025
  • The stake’s value rose by $40.58 million this year, driven by Naspers’ 39% share price surge since Jan. 1.
  • Naspers, worth $54.5 billion, continues to benefit from its Tencent holding and strong global e-commerce and media operations.

South African tycoon Cobus Stofberg's Naspers stake now worth $120 million

South African businessman Cobus Stofberg has seen the value of his stake in Naspers, Africa’s largest publicly traded company, climb past $120 million. A strong rally in the company’s share price on the Johannesburg Stock Exchange (JSE) has added more than $40 million to his holdings, reflecting Naspers’ solid performance in recent months.

Stofberg, a founding member of MultiChoice Group, the company behind pay-TV giant DStv, and a longtime Naspers director, owns 372,916 shares, representing a 0.227-percent stake in the tech and media group. Since the start of the year, his holdings have risen from R1.56 billion ($82.49 million) to R2.17 billion ($123.07 million), an increase of R611 million ($40.58 million).

Naspers market value tops $54 billion

Headquartered in Cape Town, Naspers operates across five continents, serving more than two billion people through businesses in e-commerce, online marketplaces, media, and venture capital. Its most valuable holding is its stake in Chinese giant Tencent, which has been a key driver of the group’s growth and a steady source of support for its share price over the years.

That strength has helped the company start 2025 on solid ground. With a market value of more than R963 billion ($54.5 billion), Naspers ranks among the JSE’s top performers this year. Its share price has risen 39.26 percent since Jan. 1, climbing from R4,173.22 ($221.91) to R5,811.65 ($330.02).

Cobus Stofberg’s $123 million Naspers stake

Cobus Stofberg has kept a low profile over the years, but his influence on Africa’s media and technology industries is undeniable. As one of the key figures behind MultiChoice’s growth and a long-serving member of the Naspers board, he played a central role in guiding the company’s shift from a South African print publisher to a global internet and technology group.

His stake in Naspers is now valued at more than $123 million, placing him among the wealthiest individual investors on the Johannesburg Stock Exchange (JSE), the result of decades of steady involvement and the company’s sustained expansion.



from Daily News on African Billionaires and UHNWIs https://ift.tt/N5V2FBc

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