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The Daily Update: 23 January

July 17, 2023
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FinMeUp
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FinMeUp

The latest updates from the JSE and NYSE over the past 24 hours.

 

South Africa

Renergen Limited

  • Renergen has produced its first liquid helium at the Virginia Gas Project. The Helium module is now operational.

 

The U.S.

Citadel

  • Ken Griffins Citadel had profits of $16 Billion last year the most profitable year for a hedge fund manager in history.

Nike

  • Nike founder Phil Knight paid $35 for Carolyn Davidson to create the Nike logo in 1971.
  • When Nike went public in December 1980, they gifted her 500 shares.
  • According to Phil Knight, Carolyn has held to today and after stock splits now owns 64,000 shares currently worth $8.1M.

Sam Bankman-Fried

  • The feds have seized almost $700 million of Sam Bankman-Frieds assets in cash and equity.

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