Former Chief Of Africa's Biggest Firm Makes 19 Million In Just Over A Month-here's How

former chief of africas biggest firm makes 19 million in just over a monthheres how
Key Points
  • The former Naspers CEOs shares gained 19.39 million in 37 days as the companys stock rebounded on the Johannesburg Stock Exchange.
  • Naspers stock surged 19.4 in 37 days, boosting its market value past 46 billion and delivering strong gains for investors.
  • With a 10.97 year-to-date return, Naspers has delivered significant profits to investors, with a 100,000 investment at the start of the year now worth 110,970.

Bob van Dijk, the former CEO of Naspers and its European arm, Prosus, has seen his stake in Africas biggest company increase by around 19 million in just over a month. The surge comes as Naspers share price rebounds sharply on the Johannesburg Stock Exchange JSE .

Bob van Dijks Naspers stake climbs 19.39 million

Van Dijk, who led Naspers from 2014 until he stepped down in September 2023, holds a 0.24-percent stake in the tech and media giantequivalent to 467,135 shares. Over the past 37 days, the market value of his shares has increased by R353.53 million 19.39 million amid renewed investor confidence.

The latest surge comes after a setback in January when his stake dropped by 4.9 million , falling from R1.95 billion 104.6 million to R1.86 billion 99.7 million by the end of the month. The recent gains have erased those earlier losses.

Naspers shares climb 19.4 percent, market cap tops 46 billion

Naspers Limited , a South African multinational with a global presence in internet, media, and technology, has built a diverse portfolio that includes online retail, publishing, and venture capital. The company operates across five continents, serving more than two billion customers.

In the past 37 days, Naspers stock has jumped 19.4 percent, rising from R3,901.71 213.96 per share on Feb. 3 to R4,658.52 255.46. This surge has lifted the companys market capitalization past 46 billion, rewarding investors with significant gains, and cementing its position as Africas biggest firm