123-year-old Johannesburg skyscraper built by a Randlord goes on sale for R117 million

[Kirsten Minnaar]

123-year-old Johannesburg skyscraper built by a Randlord goes on sale for R117 million

One of Johannesburg CBD’s oldest commercial landmarks, Corner House, has hit the market for R117 million.

 

[EmmanuelGoldstein]

May I ask... what in die blou f*k is a Randlord

 

[rustypup]

May I ask... what in die blou f*k is a Randlord

Dimly recall something about mining families/involvement. Not a term I've seen in... I honestly couldn't say

It's sudden reappearance is just.. .weird

<edit>
These mofos

 

[Lupus]

May I ask... what in die blou f*k is a Randlord

Randlords were mining magnates and financiers around the late 1800s through to the mid 1900s, basically they built JHB and the "wealthy" areas.

 

[konfab]

May I ask... what in die blou f*k is a Randlord

https://en.wikipedia.org/wiki/Randlord


TlD;R, the people who made a lot of money from the Kimberly Diamond Rush, and then invested in the Witwatersrand gold rush to get even more money.

 

[KulQkumba]

May I ask... what in die blou f*k is a Randlord

The term "Rand" refers to Witwatersrand where all the gold diamond and financing was controlled in the late 1800' and early 1900's.
The lord's were the fsk-off rich okes who pretty much owned all of that and "shaped" Joburg

 

[EmmanuelGoldstein]

Thanks, never heard the term before, not even in school.

 

[Lupus]

The term "Rand" refers to Witwatersrand where all the gold diamond and financing was controlled in the late 1800' and early 1900's.
The lord's were the fsk-off rich okes who pretty much owned all of that and "shaped" Joburg

My great grandfather owned most of Towerby, Kenilworth and such in the south... Sadly he also had like 11 kids so the inheritance poof

 

[Gordon_R]

The term "Rand" refers to Witwatersrand where all the gold diamond and financing was controlled in the late 1800' and early 1900's.
The lord's were the fsk-off rich okes who pretty much owned all of that and "shaped" Joburg

Correct. The name came long before the currency did (1961). Ninja Edit. Google:

Witwatersrand ("White Waters Ridge"), the 56-kilometer-long geological ridge where South Africa's massive gold deposits were discovered in 1886, giving birth to the city of Johannesburg. "Rand" is the Afrikaans and Dutch word for "ridge" or "edge".

 

[Lupus]

Correct. The name came long before the currency did (1961).

And the currency got it's name from pretty much the same place they did, Witwatersrand.

 

[Cray]

Maybe the sky was a lot lower back then...

 

[Lupus]

Maybe the sky was a lot lower back then...

Well that's why the people were as well, cause of the skies height, it's also why early aeroplanes could only fly a few thousand feet.

 

[konfab]

Thanks, never heard the term before, not even in school.

SA government doesn't want the actual history of the country told. It complicates their rather simplistic narrative.

I have linked to this book before, but it genuinely is one of the best historical books on South Africa. There is free pdfs and pubs.
https://mises.org/library/book/economics-colour-bar

 

[Rickster]

GLWS

 

[Bigjay84]

That's what every one needs a huge building in the CBD

 

[Lupus]

SA government doesn't want the actual history of the country told. It complicates their rather simplistic narrative.

I have linked to this book before, but it genuinely is one of the best historical books on South Africa. There is free pdfs and pubs.
https://mises.org/library/book/economics-colour-bar

Not really talked about pre 1994 either.

 

[cguy]

Correct. The name came long before the currency did (1961). Ninja Edit. Google:

"Rand" is the Afrikaans and Dutch word for "ridge" or "edge".

So it literally means “Edgelord”?

 

[KulQkumba]

My great grandfather owned most of Towerby, Kenilworth and such in the south... Sadly he also had like 11 kids so the inheritance poof

Wow. I grew up in that general area. My paternal great grandfather was an old gin pirate and at one time owned the Nugget Hotel. Family legend is he lost it in a high-stakes card game. Other side of the family were Greek immigrants into Hillbrow community and I have hobbas of cousins. (Grandmother was the youngest of 13 and when she stopped spawning at #7 was looked down upon by her brothers and sisters)
...so I've also got less than no chance at any Randlord inheritance either

 

[WollieVerstege]

May I ask... what in die blou f*k is a Randlord

English version of the Broeder Bond

 

[White Guy]

@Sideshow Bob .