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27 Of The Richest People In South Africa

Here are 27 of South Africa’s richest people, but how did they achieve this level of wealth? Find out here.

Nicole Crampton

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Michiel Le Roux

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  • Net worth: R7.2 billion
  • Age: 67
  • Industry: Banking
  • Source of wealth: Self-made

Michiel Le Roux founded Capitec Bank, and still serves as the bank’s chairman. Today, his bank has expanded to 668 branches, 6.2 million clients and over 10 000 employees.

While working for Boland Bank, Le Roux already started to shake things up. “We tried new things and different things, and it gave us a lot of exposure to ideas that later would get traction,” says Le Roux.

Capitec Bank came about because friends of Le Roux invited him to a conference about micro-lending, he was initially not interested at all, but at the conference he realised “it would be a very interesting gap in the market to create a bank to provide specifically for people that needed micro-loans and better banking tailored for their needs.” And the rest they say is history.

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Nicole Crampton is an online writer for Entrepreneur Magazine. She has studied a BA Journalism at Monash South Africa. Nicole has also completed several courses in writing and online marketing.

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How Nic Haralambous Launched His 6 Year In The Making, Overnight Success

Nic Haralambous launched 8 failing businesses. He used the lessons learnt from that failure to ensure the success of his new business Nic Harry.

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Nic Haralambous, the founder and CEO of Nic Harry who started off selling bamboo socks online and now has brick and mortar stores with a larger product range around the country. Nic has also written a book titled Do. Fail. Learn. Repeat. which is a brutally honest look at entrepreneurship and follows Nic’s entrepreneurial journey. Learn from his failures and how he used them as the foundation of his success.

Related: (Podcast) Speak More Honestly

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Vuyo Tofile Of EntBanc Group Talks About Finding Solutions And Partnering To Offer The Most Value

Vuyo Tofile offers his advice on how to know if you’re ready to scale and how to get it right the first time.

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Vuyo Tofile, CEO of EntBanc Group (Pty) Ltd, which is a privately held enterprise and financial technology group. They empower small businesses with the right tools including products such as mySMEtools, which is used by over 46 000 small businesses. Learn about partnering for success, develop tools and resources that your customer base needs, and how can you scale?

Related: Do You Have That 1 In 100 Business That Can Scale And Land An Investor?

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Eben Uys Shares His Concept Behind Mad Giant Brewery And How You Can Make Your Business Stand Out In A Crowd

“You just need to start” says Eben Uys, don’t make up excuses why you aren’t ready. Just start.

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Eben Uys, Co-founder and CEO of Mad Giant, a Brewery in the heart of Johannesburg, South Africa. Eben brings new life to craft beer and has made his brewery and restaurant Urbanologi, a destination hub. His advice: “You can do things that give you short-term gains, but it might not benefit you in the long term. Try a lot of things over a long period of time and build a reputation and a network.”

Related: 10 SA Entrepreneurs Who Built Their Businesses From Nothing

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