Post by Gist Flow NG (@Light)

Patrick Soon-Shiong, a South African-born biotech entrepreneur, has become the richest person in Los Angeles with a net worth of $8.4 billion.

Soon-Shiong built his fortune in North America after leaving South Africa, mainly through biotech companies and developing cancer treatment Abraxane.

He is among several South African-born business leaders, like Elon Musk, who have achieved global success abroad.

Despite economic challenges and emigration, South Africa remains Africa’s largest millionaire market, accounting for 34% of the continent's millionaires.

Patrick Soon-Shiong, a South African-born biotech entrepreneur, has become the richest person in Los...

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