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zak calisto

Africa just got a new billionaire you should know about

Africa just got a new billionaire you should know about

Karooooo chief executive Zak Calisto is officially a dollar billionaire, with his holdings in the company now worth $1.1 billion. South Africa’s Calisto directly owns 65% of the Karooooo group’s shares, with another 10% of the company tied to him through a standing agreement, giving him beneficial voting rights, according to Business Tech. Last Thursday,…

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