Business News of Sunday, 28 December 2025Source: africa.businessinsider.comPaul van Zuydam has become South Africa’s newest dollar billionaire, joining the ranks of the country’s wealthiest individuals tracked by Forbes. According to Forbes’ real-time estimates in December 2025, van Zuydam’s net worth stands at $1.7 billion (about R28.4 billion), ranking him as the world’s 2,186th richest person. His addition lifts South Africa’s total number of billionaires on the global list to eight, alongside prominent names such as Johann Rupert and Nicky Oppenheimer. Under his leadership, Le Creuset concentrated production in France, invested heavily in automation, and broadened its product range. Today, the company generates more than $850 million (around R14 billion) in annual revenue, cementing van Zuydam’s place among Africa’s dollar billionaires.

Source: GhanaWeb December 29, 2025 03:43 UTC