South African retail tycoon Giovanni Ravazzotti’s Italtile stake tops $400 million
Billionaires Africa | 21.11.2025 15:34
South African businessman Giovanni Ravazzotti, founder and chairman of Italtile Limited, has seen the value of his stake climb back above $400 million following a steady rise in the company’s share price on the Johannesburg Stock Exchange. The upswing offers a degree of relief after a difficult period marked by sharp declines earlier this year.
