South African Billionaire Loses 112 Million As Us Targets Tencent In Chinese Military Blacklist
- Koos Bekker's investment portfolio has dropped by 112 million in 2025, mainly due to declining stakes in Prosus and Naspers.
- Tencents blacklisting by the U.S. has caused a 10 drop in its stock, affecting Prosus and Naspers.
- Bekkers net worth declines to 2.8 billion, with 112.7 million lost in his stakes in Prosus and Naspers.
South African billionaire Koos Bekker has suffered a 112-million decline in his investment portfolio since the start of 2025.
His holdings include significant stakes in Amsterdam-based consumer internet group Prosus and its South African parent company, Naspers, which together are valued at over 1 billion.
U.S. blacklists Tencent over military linksEarlier this week, the United States blacklisted Chinese technology giant Tencent Holdings , the worlds largest gaming publisher, for alleged links to the Chinese military.
This unexpected move, coming just weeks before Donald Trumps return to the White House, also targeted several other Chinese firms, including CATL, a major Tesla supplier, and shipbuilding giants such as Cosco Shipping Holdings Co and China State Shipbuilding Corp.
The Pentagons decision to classify these companies as linked to the Peoples Liberation Army has been met with strong opposition from Tencent and others, who insist they have no military affiliations.