Mark Shuttleworth’s wealth has increased by £340 million in the past year, according to a report by the BBC.
Directly translated into rand, this equals R5.6 billion.
The report was based on the UK’s Sunday Times Rich List for 2018, which stated that Shuttleworth is now worth £500 million (R8.3 billion)
Shuttleworth big rise in wealth was attributed to the success of Canonical, his company which offers open-source software solutions.
“Netflix, Tesla, and Deutsche Telekom are among 800 clients of the London-based operation,” stated the report.
Bloomberg reported in December 2017 that Shuttleworth was worth $1 billion, according to its Bloomberg Billionaires Index.