The 5 richest families in South Africa ranked for 2019. Regardless of your particular financial status, keeping tabs on the ultra rich – whether with admiration, envy, or resentment is perhaps more pleasurable and less demanding. In fact, there are 2,208 billionaire individuals across 72 countries for a combined total of US$9.1 trillion, according to Forbes. But what about the South Africa’s billionaire families?
For the sake of simplicity, we have limited our list of richest families to those groups who originally made their fortunes through business, even if some heirs who still enjoy the money haven’t been employed in the business.
The fortunes given are in a range because fortunes fluctuate daily with the markets, and it matters how you count it up. Even though there are many rich individuals in the country, we are mainly concerned about the wealthiest families in South Africa, which include
Top 5 Wealthest Families in South Africa
5. Le Roux Family
Le Roux Family estimated net worth is US $1.5 Billion and ranked 5th in the list of top 5 richest families in South Africa as recorded in financial magazines such as Forbes and Bloomberg 2019.
On our list is the banking family that has contributed immensely to the development of the country and the whole of Africa at large through the establishment of a World-class Bank that provides services to South Africans and non-South Africans. Important icon of the family includes Micheil le Roux who is the founder of Capitec Bank which trades on the Johannesburg Stock Exchange.