Stofbergs Naspers stake is valued at 114.4 million, placing him among the wealthiest individual investors on the Johannesburg Stock Exchange.
He co-founded MultiChoice and led DStvs expansion, helping build one of Africas most dominant media platforms.
Stofberg also holds 68.4 million in Prosus shares, bringing his combined tech investments to nearly 183 million.
Jacobus Cobus Stofberg is not a name that makes headlines oftenand thats no accident. Known for staying out of the spotlight, hes spent nearly four decades helping to build some of Africas most influential companies from behind the scenes.
A founding member of MultiChoice Group, the company behind DStv, and a longtime director at Naspers, Africas most valuable company, Cobus Stofberg has quietly shaped the media and tech landscape across the continent. While many chased the clout, he focused on the workbuilding a business legacy rooted in clear thinking, steady leadership, and a belief in Africas potential.
Today, Stofberg holds a stake worth 114.4 million in Naspers, the Cape Town-based tech investment giant. The company is not only Africas most valuable by market capitalization but also the only one on the continent valued at more than 50 billion. That level of success didnt happen overnight. It is the result of decades of decisionssome big, some quietand a consistent commitment to ideas and platforms built by and for Africans.
From accounting to Africas media boomBorn and educated in South Africa, Stofbergs early years were marked by academic diligence. He earned undergraduate degrees from both the University of South Africa and Stellenbosch University, later completing a graduate degree from Stellenbosch as well.
With his qualification as a chartered accountant, he joined Coopers Lybrandnow PwCas a partner. It was there that he sharpened the financial skills and strategic discipline that would later guide him through some of Africas most significant corporate boardrooms.