South Africa's Second-richest Man Sees Net Worth Soar To 12 Billion
- Nicky Oppenheimers net worth has surged by 225 million in 17 days, bringing his total fortune to 12 billion, according to Bloombergs Billionaires Index.
- His wealth gain this year now stands at 450 million, driven by private investments through Stockdale Street and Tana Africa Capital across diverse industries.
- Beyond business, Oppenheimer co-owns Tswalu Kalahari, South Africas largest private game reserve, supporting wildlife conservation and regional biodiversity.
After a strong performance in 2024 and steady wealth gains in the early months of 2025, Nicky Oppenheimer, South Africas second-richest person, has seen his fortune grow significantly. Over the past 17 days, his net worth has risen by 225 million, reaching 12 billion, according to the Bloomberg Billionaires Index .
The 79-year-old businessman, best known for his influence in the diamond industry and the 2012 sale of his family's 40-percent stake in De Beers to Anglo American for 5.2 billion, has continued to see his wealth climb. His net worth stood at 11.8 billion just 17 days ago and has now reached 12 billion at the time of drafting this report.
Oppenheimers wealth jumps 450 million in 2025This follows the 225 million gain he recorded in the first three weeks of 2025 , when his net worth rose from 11.6 billion at the start of the year to 11.8 billion by Jan. 22. With this latest increase, his total wealth gain for the year now stands at 450 million.
At the time of writing, Oppenheimer ranks 222nd among the worlds richest individuals, holding firm as Africas third-richest person and South Africas second, behind Johann Rupert , whose fortune has grown by more than 2.58 billion this year.
The 450-million wealth boost so far in 2025 is driven by a diverse mix of private investments managed through his London-based firm, Stockdale Street, and Johannesburgs Tana Africa Capital. These firms have strategically positioned the Oppenheimer family across a range of industries, strengthening their influence both in Africa and beyond.