Business

Understanding the Wealth of Koos Bekker: Net Worth Breakdown

Understanding the Wealth of Koos Bekker Net Worth Breakdown

Koos Bekker has had a significant impact on the media industry in South Africa. He transformed Naspers from a newspaper publisher into a major player in e-commerce and cable TV. Bekker’s strategic vision led Naspers to invest $34 million in 2001 for a one-third stake in Tencent Holdings, a Chinese internet giant. This investment is widely regarded as one of the most important ventures in history.

In 2019, Naspers underwent a restructuring. They divided their assets into two publicly-traded entities: MultiChoice Group, a prominent entertainment company, and Prosus, which held the valuable Tencent stake.

Notably, Prosus made significant moves, selling a 2% Tencent stake in 2018 and divesting nearly $15 billion in April 2021. As a result, their Tencent stake increased to 29%.

Although Bekker retired as Naspers CEO in March 2014, he made a notable come back as Chairman in April 2015.

  • Net Worth: $2.4 Billion (2023)

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Full Stack Developer, Backend And Frontend. And Also Final Year Computer Science Student at Abubakar Tatari Ali Polytechnic Bauchi.

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