NASPERS - KOOS BEKKER maybe he can buy Phumelela

Chinese shares make Naspers's Koos Bekker a billionaire

Jacobus Petrus “Koos” Bekker became a billionaire earlier this year after transforming Cape Town-based Naspers from a decades-old print business into the world’s largest emerging market media company.

Bekker, the company’s 60-year-old chief executive officer, took control of the group in 1997 and began investing in technology and media companies, according to BPI Africa Capital analyst Kate Turner-Smith. Buying stakes in more than 100 businesses, including China’s Tencent Holdings and Russia’s Mail.ru, Bekker turned Naspers into an investment house that has added almost $34-billion in market value since 2003.

Bekker takes his compensation in stock alone, and controls almost 4% of Naspers through a combination of 11.7-million share options he holds directly and a 1.1% stake held by a family trust. Measured in local currency, Naspers shares have risen 30-fold since 2003, making it the best- performing stock on the JSE, and pushing up the value of Bekker’s personal holdings in the company to $1.8-billion.

NASPERS

A consistent top domestic performer has been Naspers, which added 4.4 percent on Monday to 1,268.20 rand after hitting its highest point ever of 1,275 rand earlier in the day.

CURRENT MARKET CAP OF THIS BUSINESS

533 BILLION RAND

that's 19.6 billion rands -