The recent CEO Sleepout has raised a record-breaking R26 million for charity.<\/p>\n
The Sleepout saw 247 South African executives and business leaders spend an evening sleeping on the streets outside the JSE, with only a sleeping bag and a cardboard floor covering for comfort.<\/p>\n
The night in question saw temperatures drop to -3 degrees.<\/p>\n
In order to take part in the event, CEOs had to donate R100,000 to the charity Girls and Boys Town (GBT)\u00a0–\u00a0though some executives donated far beyond that.<\/p>\n
Telco firm, Blue Label Telecom’s joint-CEO Brett Levy made the highest contribution of R540,000, while Paul Dunne, CEO of Northam Platinum contributed R429,900 to the cause.<\/p>\n
Investec’s Stephen Koseff raised a further R400,500 – with all the other hundreds of contributions taking the final total to a record-breaking R26,054,869.<\/p>\n
The final tally was affirmed by auditors, BDO SA.<\/p>\n
See it in pictures: South Africa\u2019s richest CEOs sleeping on the street in a cardboard box<\/a><\/strong><\/p>\n The CEO SleepOut originated in 2006 in Sydney, Australia, by local business leader Bernard Fehon, and the concept was brought to South Africa by Ali Gregg, founder of The Philanthropic.<\/p>\n Gregg announced that The Philanthropic and CEO SleepOut Trust have made plans to host nationwide SleepOuts in Johannesburg, Cape Town, Durban and Port Elizabeth in 2016.<\/p>\nMore on the CEO Sleepout<\/h3>\n