Not everybody is fortunate enough to have their wealth grow by R13 billion (£659 million) in one year. Except for one South African diamond and mining magnate, that is.
Despite the global economy suffering due to the COVID-19 pandemic and now the Russian invasion of Ukraine, a few lucky billionaires have added substantially to their wealth.
Many of the country’s wealthiest citizens watched their net worths soar over the past 12 months, despite the economic havoc caused by the COVID-19 pandemic.
There are four South Africans on the UK Sunday Times 2021 Rich List, with three claiming spots in the top 100.
Four South African billionaires cracked a spot in the top 10 of Forbes’ ‘Africa’s Richest People’ list for 2021.
Every year, the UK Sunday Times publishes a list of the 1 000 richest people in the country, which includes South Africans with links to Britain.
Nicky Oppenheimer, South Africa’s richest man, has opened up about the reasons behind his donation in a rare interview.
Hurun Research Institute has published its annual billionaire ranking for 2020, and it features six well-known South African billionaires.
Nine South African-born individuals appear on the Sunday Times Rich List and, whilst some names are familiar, others fly a little more under the radar.
Thanks to a severe lack of water nationwide, JoJo tanks are selling faster than ever. One family you may have heard of is pretty chuffed about that.
While the world’s richest1% are still sitting pretty, a few shuffles have occurred here in South Africa. We’ve not a new number one too.
Forbes.com released a list of Africa’s 20 most powerful business people yesterday (they do like a list over there at Forbes) and it wasn’t too hard to pick up a trend on the list of the continent’s commercial high flyers – no less than 12 of them are South African. Are we awesome, or what? We’ve got the full list, including our Mzansi business powerhouses, after the jump!