Business Times has released its latest Rich List, revealing the wealthiest people in South Africa.
“The wealth table for the Rich List reflects the disclosed holdings of JSE-listed companies’ directors as at November 30 2016,” stated the Sunday Times.
The Rich List research was compiled by Who Owns Whom.
At number one was Christo Wiese, worth R81.26 billion.
“For the second year in a row he leads the Rich List, after unseating Glencore CEO Ivan Glasenberg in 2014.”
“Wiese is also the biggest loser after the value of his shareholdings in Brait, Shoprite, and Steinhoff International, to name a few, fell R23.5 billion from a year ago.”
The top 10 list is shown below.
1 Christo Wiese – R81.26 billion
2 Ivan Glasenberg – R59.98 billion
3 Stephen Saad – R16.04 billion
4 John Whittaker – R15.87 billion
5 Laurie Dippenaar – R12.86 billion
6 Bruno Steinhoff – R12.56 billion
7 Atul Gupta – R10.69 billion
8 Rupert Family – R10.61 billion
9 Jannie Mouton – R9.7 billion
10 Koos Bekker – R9.63 billion
Top 10 Rich List
|1||Christo Wiese||R81.26 billion|
|2||Ivan Glasenberg||R59.98 billion|
|3||Stephen Saad||R16.04 billion|
|4||John Whittaker||R15.87 billion|
|5||Laurie Dippenaar||R12.86 billion|
|6||Bruno Steinhoff||R12.56 billion|
|7||Atul Gupta||R10.69 billion|
|8||Rupert Family||R10.61 billion|
|9||Jannie Mouton||R9.7 billion|
|10||Koos Bekker||R9.63 billion|
The full report is in the Sunday Times of 11 December 2016.