The Daily Update: 23 January

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.