South African billionaire Koos Bekker is turning part of his technology-investment fortune into an international luxury-hospitality business, with his family trust selling approximately $500 million worth of shares in Naspers and Prosus since 2023 to help finance hotel and estate development projects.
The transactions, conducted across three rounds, reflect a long-term investment strategy that extends beyond the technology sector. Bekker and his wife, Karen Roos, have built a portfolio of distinctive hospitality properties across South Africa, England and Italy, combining luxury accommodation with historic architecture, landscaped gardens, food and wine experiences.
According to disclosures cited by Billionaires.Africa, the proceeds from the share sales were earmarked for construction and development at hospitality venues in which the family trust has an interest. The filings do not specify how much money was allocated to each property.
Three Share Sales Raised Approximately $500 Million
The fundraising took place through three separate rounds involving shares in Prosus, the Amsterdam-listed technology investment company, and Naspers, its South African parent.
The first transaction occurred in March 2023, when the family trust sold approximately 2.5 million Prosus shares for around €173.3 million. A second sale in December 2024 generated approximately €156.9 million from the disposal of 3.9 million Prosus shares.
The third round, conducted in December 2025, included both companies. The trust sold Naspers shares worth approximately R860.5 million and Prosus shares worth around €81.7 million.
Together, the transactions generated proceeds equivalent to approximately $500 million at exchange rates prevailing when the sales took place. The December 2025 disclosures stated that the funds would support building operations at hospitality venues in South Africa, the United Kingdom and Italy.
Despite the disposals, the trust retained substantial holdings in both technology investment companies.
From Technology Investments to Luxury Hospitality
Bekker's wealth is closely linked to his career at Naspers, where he served as chief executive from 1997 to 2014 and later became chairman. He was instrumental in the company's expansion beyond traditional media and into digital businesses.
One of Naspers' most significant investments came in 2001, when it acquired a substantial stake in Chinese technology company Tencent for approximately $32 million. That investment subsequently became one of the most successful technology bets in corporate history.
Prosus, which Naspers listed in Amsterdam in 2019, holds a stake of more than 20% in Tencent, according to the report.
Bekker's latest transactions illustrate how proceeds from investments in technology companies can be redirected into tangible assets, including hotels, vineyards, historic properties and tourism businesses.
Inside Bekker's International Luxury Property Portfolio
The billionaire's hospitality portfolio is built around properties that combine accommodation with distinctive cultural and natural settings.
Babylonstoren, South Africa: Bekker and Roos acquired this historic Cape Dutch farm in 2007. Founded in 1692, the estate has developed into a destination featuring luxury accommodation, gardens, restaurants and agricultural experiences in South Africa's Cape Winelands.
The Newt, England: The couple purchased Hadspen House in Somerset in 2013 and opened The Newt in 2019. The estate combines high-end accommodation with extensive gardens, orchards, food experiences and heritage-inspired attractions.
Vignamaggio, Italy: Located in Tuscany's Chianti region, this historic wine estate adds an Italian dimension to the family's portfolio, linking luxury hospitality with wine production and the region's established tourism appeal.
The wider group also includes Over-Amstel Boerderij near Amsterdam, The Story of Emily in Cornwall and Blou, a collection of eight coastal cottages in South Africa.
In June 2026, The Newt expanded its accommodation offering with Yarlington Lodge, a 16-bedroom property available for exclusive use at a reported starting rate of £10,500 per night.
A Capital-Intensive Bet on Experiential Luxury
The scale of the investment highlights the capital-intensive nature of developing premium hospitality destinations. Historic estates often require substantial spending on restoration, landscaping, accommodation, food services and guest experiences before they can operate at their intended scale.
Companies House records cited in the report show that Emily Estate (UK) Ltd., the business behind The Newt, had issued share capital of £703.4 million by October 2025. This figure represents issued share capital, however, and should not be interpreted as a direct measure of the property's market value or profitability.
The strategy also carries risks. Luxury hospitality businesses are exposed to changes in international travel demand, operating expenses, financing needs and the challenge of maintaining consistently high service standards.
In Somerset, the estate's expansion has drawn criticism from some local residents, illustrating the tensions that can arise when large private investments reshape rural communities.
What Bekker's Strategy Means for Luxury Tourism
Bekker's approach reflects a broader investment theme: wealthy entrepreneurs are increasingly allocating capital to experiences and destinations that offer more than conventional accommodation.
Historic buildings, gardens, vineyards and locally rooted food businesses can provide a distinctive identity that is difficult for competing hotels to replicate. When managed successfully, these elements can help a destination attract affluent travellers seeking privacy, authenticity and personalised service.
However, the long-term success of such a strategy depends on whether the properties can generate sustainable operating returns while preserving their heritage and maintaining relationships with surrounding communities.
For Bekker, the move represents a significant expansion of his investment interests beyond technology. His family trust is using proceeds from established public-market holdings to support a portfolio of physical hospitality assets across three countries.
The ultimate test will be whether these estates can translate substantial investment into durable businesses that combine luxury tourism, heritage preservation and long-term financial performance.
Share this article
Your Career Starts with
the Right Guidance
