{"id":147273,"date":"2016-12-13T19:05:31","date_gmt":"2016-12-13T17:05:31","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=147273"},"modified":"2016-12-13T18:51:09","modified_gmt":"2016-12-13T16:51:09","slug":"the-10-richest-men-in-banking-in-south-africa-2016","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/147273\/the-10-richest-men-in-banking-in-south-africa-2016\/","title":{"rendered":"The 10 richest men in banking in South Africa 2016"},"content":{"rendered":"

The Sunday Times has published its annual Rich List, revealing the richest executives in South Africa based on their public investments.<\/p>\n

Courtesy of his investments in Brait, Shoprite, and Steinhoff, Christo Wiese topped the list with\u00a0an investment wealth of R81 billion, followed by Glencore\u2019s Ivan Glasenberg, with R60 billion, and Aspen\u2019s Stephen Saad, with R16 billion.<\/p>\n

FirstRand and RMB’s Lauritz “Laurie” Dippenaar, was the top banking shareholder at R12.6 billion, followed by the PSG Group’s\u00a0Johannes (Jannie) Mouton who is valued at R9.6 billion.<\/p>\n

Both Dippenaar and Mouton are at a non-executive level, but they have substantial share holdings in their respective companies, as does Le Roux, who is third on the list.<\/p>\n

The founder of Capitec Bank is a non-executive director at the bank which has seen meteoric rise<\/a> in the country over the past decade.<\/span><\/p>\n

Top 10 banking executives:<\/strong><\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n
Rank<\/strong><\/th>\nPerson<\/strong><\/th>\nCompany<\/strong><\/th>\nWealth<\/strong><\/th>\n<\/tr>\n
5<\/td>\nLauritz Dippenaar<\/strong><\/td>\nFirst Rand
\nRand Merchant Investment Holdings
\nRMB Holdings<\/td>\n		R 12,8 billion<\/strong><\/td>\n<\/tr>\n
9<\/td>\nJohannes Mouton<\/strong><\/td>\nPSG Group<\/td>\nR9.7 billion<\/strong><\/td>\n<\/tr>\n
13<\/td>\nMichiel Scholtz du Pre Le Roux<\/strong><\/td>\nCapitec Bank Holdings<\/td>\nR8.6 billion<\/strong><\/td>\n<\/tr>\n
19<\/td>\nFerrit Thomas Ferreira<\/strong><\/td>\nRand Merchant Investment Holdings
\nRemgro
\nRMB Holdings<\/td>\n		R4.2 billion<\/strong><\/td>\n<\/tr>\n
27<\/td>\nPatrick Macguire Goss<\/strong><\/td>\nFirst Rand
\nRand Merchant Investment Holdings
\nRMB Holdings<\/td>\n		R2 billion<\/strong><\/td>\n<\/tr>\n
39<\/td>\nPaul Kenneth Harris<\/strong><\/td>\nFirst Rand
\nRand Merchant Investment Holdings
\nRemgro
\nRMB Holdings<\/td>\n		R1.4 billion<\/strong><\/td>\n<\/tr>\n
48<\/td>\nPetrus Johannes Mouton<\/strong><\/td>\nCapitec Bank Holdings
\nCurro Holidngs
\nPSG Group
\nZeder Investments<\/td>\n		R1.14 billion<\/strong><\/td>\n<\/tr>\n
52<\/td>\nRoland Sassoon<\/strong><\/td>\nSasfin Holdings<\/td>\nR1.027 billion<\/strong><\/td>\n<\/tr>\n
54<\/td>\nChris Otto<\/strong><\/td>\nCapevin holdings
\nCapitec Bank Holdings
\nPSG Group
\nZeder Investments<\/td>\n		R994 million<\/strong><\/td>\n<\/tr>\n
60<\/td>\nRiaan Stassen<\/strong><\/td>\nCapitec Bank Holdings<\/td>\nR849 million<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Among the more hands-on executives, current Capitec CEO, Gerrie Fourie is 71st on the list, one place behind CFO, Andre Pierre du Plessis.<\/p>\n

Investec Bank CEO, Stephen Koseff is 80th, while FirstRand CEO, Johannes Burger is 84th. His executive financial director, Glynn Burger, is 112th.<\/p>\n

\n

Read: These are the richest businessmen in South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The Sunday Times has published its annual Rich List, revealing the 250 richest people in South Africa based on their public investments.<\/p>\n","protected":false},"author":10,"featured_media":74328,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[26],"class_list":["post-147273","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/147273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=147273"}],"version-history":[{"count":17,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/147273\/revisions"}],"predecessor-version":[{"id":147603,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/147273\/revisions\/147603"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/74328"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=147273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=147273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=147273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}