We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Naspers has delivered exceptional returns for long-term shareholders. We estimate that a Naspers shareholder in 1980 earned 21% per year in real US dollar terms to today. Only one US-listed share returned more than 20% per annum in real terms over the same period.

The corresponding return for the US stock market has been 9.1% per annum and the 100 most profitable US-listed companies in 1980 that remain listed now delivered a return of just 5.5% per annum. Compounding at that rate for just more than 40 years would have turned $1 into $9, compared with $2,350 from an equivalent investment in Naspers. This last comparison illustrates that many companies struggle to adapt and thrive as they grow and age.  ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now