The 15 Richest People in South Africa and the Secret Behind Their Wealth

By on May 17, 2016

South Africa has become one of the most stable and fastest developing counties on the African continent. Numerous South African businesses have grown into worldwide conglomerates and there are several billionaires living in the country today. Take a look at how some of the richest people in South Africa climbed the ladder of success.

Markus Jooste

$400 Million

www.financialmail.co.za

www.financialmail.co.za

Markus Jooste is the CEO of Steinhoff International. He joined the company in 1988 after he engineered the sale of a South African retail chain to the German owners of Steinhoff. He then worked his way through the company to turn it into “Africa’s Ikea” and the second largest retailer of household goods in Europe. In 2014 Steinhoff International purchased another company, Pepkor Holdings, which added clothing to their list of offerings.