5 companies owned by South African tycoon Piet Mouton
South African tycoon Petrus Johannes Mouton (Piet Mouton) has emerged as a prominent figure in the country’s business realm, cementing his position as one of the most influential individuals in South Africa.
Following his father’s footsteps, Jannie Mouton, the visionary founder of PSG Group and co-founder of Capitec Bank, Piet Mouton has amassed an impressive fortune through his diverse investment portfolio, spanning multiple companies and sectors.
As the founder of Arch Equity Ltd. and Senekal Mouton & Kitshoff, Inc., Mouton’s exceptional business acumen has propelled him to prominent positions within various organizations.
Presently serving as a non-executive director of Capitec Bank, chairman at African Unity Insurance Ltd., and holding the positions of CEO and executive director at PSG Group and finance director for Arch Equity Ltd., Mouton’s influence stretches far and wide.
His investment portfolio encompasses a wide range of enterprises, solidifying his status as one of South Africa’s esteemed billionaires, with substantial stakes in multiple companies.
Notable among Mouton’s holdings are investments in Capitec Bank, Curro Holdings, and PSG Group, PSG Konsult, among others. These strategic investments form the bedrock of his wealth, propelling him to the ranks of the wealthiest investors on the Johannesburg Stock Exchange.
Mouton’s ascent to prominence is a testament to the extraordinary entrepreneurial spirit in his family’s lineage. Through his diverse investments and unwavering commitment to success, he continues to shape South Africa’s economic landscape, leaving an indelible mark on the business world.
These diverse stakes contribute to Piet Mouton’s expanding wealth and reinforce his position as one of South Africa’s leading business figures:
- PSG Group: PSG Group is a diversified investment holding company involved in various industries, including financial services, education, and food-related businesses. It was established in 1995 by Jannie Mouton, the father of Piet Mouton. PSG Group operates through various segments: PSG Konsult, Curro, Zeder, PSG Alpha, Dipeo, and PSG Corporate. Currently, Piet Mouton owns 2.88 percent of the company.
- Capitec Bank: Capitec Bank, a prominent financial institution in South Africa, has gained recognition for its vast customer base, which ranks among the largest on the continent. With a strong presence established over the past two decades, the bank has emerged as a trusted retail banking brand, operating through 856 branches and 7,436 ATMs. Notably, Piet Mouton holds an impressive 5.83-percent stake in Capitec Bank, or 6,752,536 shares, positioning him as one of the leading investors on the Johannesburg Stock Exchange.
- PSG Konsult: PSG Konsult, a renowned financial services provider in South Africa and Namibia, offers a wide range of financial services and products through its divisions, namely PSG Wealth, PSG Asset Management, and PSG Insure. Notably, Piet Mouton, a key stakeholder, holds an impressive 14.6-percent ownership in PSG Konsult, with his stake currently valued at an impressive R2.5 billion ($135.2 million).
- Curro Holdings: Curro Holdings is the leading independent school network in South Africa, it operates Curro Preschools, Curro Academy, and Meridian and offers a range of options for parents looking for independent schooling. Piet Mouton, who sits on the company’s board, owns a 3.18-percent stake in the company.
- Zeder Investments: Zeder Investments is a prominent South African investment holding company with a primary focus on the thriving agribusiness industry, specifically in the food and beverage sectors. Notably, Zeder Investment benefits from the leadership and strategic vision of Piet Mouton, who, via PSG Group, possesses a significant 48.6-percent stake in the company.