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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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Mark Shuttleworth

Mark Shuttleworth

  • Net worth: R4.73 billion
  • Age: 43
  • Industry: Investment and technology
  • Source of wealth: Self-made

At the age of 22, Mark Shuttleworth founded Thawte, a digital certificate and Internet security company. He sold this company to American software giant VeriSign for USD575 million in 1999, when he was 26.

He founded HBD Capital, an emerging markets investment fund. HBD has made a series of successful exits including Fundamo, a mobile financial services company which was acquired by Visa for USD110 million in 2011; and csense, which was acquired by GE Intelligent Platforms.

But, Shuttleworth is probably most famous for founding Ubuntu, a computer operating system that distributed as free open source software. He is also founder of the Shuttleworth Foundation, which funds social entrepreneurs and multiplies their money by a factor of ten or more.

Related: Lessons From 7 People Who Got Rich and Famous on Social Media

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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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