South African billionaire and PSG Group Founder Jannie Mouton is a major player in the African corporate world. His business endeavors have made him one of the most successful investors on the Johannesburg Stock Exchange and one of the wealthiest people in South Africa.Â
Mouton’s strategic investments and visionary entrepreneurship as a co-founder of Capitec Bank have had a profound effect on the South African economy. As the founder and chairman of PSG Group, he stands tall over the corporate world and is often referred to as Buddha Buffett.
Not only did he contribute to the expansion of PSG Group, but he also helped establish Capitec Bank alongside Michiel Le Roux and Riaan Stassen. The JF Mouton Familietrust he controls currently has a 5.11-percent stake in Capitec Bank, or 6,034,518 shares.Â
Having amassed significant stakes in numerous companies across a wide range of industries, including financial services, banking, private equity, agriculture, and education, he has earned his place as one of South Africa’s most revered billionaires.
To this day, his varied ventures and dogged pursuit of success have left a lasting impact on South Africa’s commercial world, just as they have left an indelible imprint on the country’s economic environment.
Here are seven of the many businesses in which Billionaires.Africa has found Jannie Mouton to have a stake, either directly or indirectly:
- PSG Group
PSG Group, founded by Jannie Mouton in 1995, is a successful investor in high-growth startups that compete with traditional businesses in the South African financial, private education, and healthcare sectors. PSG Group is a diversified investment holding firm with interests in the banking, education, and food industries, among others. With a 22% interest, Mouton has a significant say in how PSG Group develops.
- Capitec Bank
Jannie Mouton, who owns 5.11 percent of Capitec Bank, has built the company into a pillar of South Africa’s financial sector. Boasting one of the nation’s largest customer bases, the bank operates through 856 branches and 7,436 ATMs, reinforcing Mouton’s reputation as a key investor on the Johannesburg Stock Exchange.
- PSG Konsult
Jannie Mouton is a significant shareholder in PSG Konsult, a leading South African and Namibian provider of financial services, with a 12.83-percent stake. PSG Wealth, PSG Asset Management, and PSG Insure are all sub-divisions of PSG Konsult.
- Zeder Investments
Zeder Investments, a key leader in South African agribusiness, benefits from Mouton’s strategic vision and ownership through PSG Group. Zeder Investments is a vehicle for Mouton to combine his many interests in the booming agriculture industry, with a particular emphasis on the food and beverage sectors.
- Curro Holdings
With Jannie Mouton at the helm, Curro Holdings—which includes Curro Preschools, Curro Academy, and Meridian—has become the leading private school network in South Africa. Curro, an independent education provider that has had a major impact on South Africa’s educational scene, was fashioned in large part by Mouton.
- PSG Asset Management
PSG Asset Management, led by Jannie Mouton and operating as a wholly-owned subsidiary of PSG Group, provides investors with access to a variety of domestic and international funds. The accompanying feeder funds further improve South Africa’s already robust investment landscape.
- Jannie Mouton Foundation
Jannie Mouton’s dedication to charity is shown in the 2017 launch of the Jannie Mouton Foundation. The foundation dedicates almost $6 million annually to a wide range of charity work in South Africa. Mouton’s $82 million pledge of PSG Group shares demonstrates his devotion to the country and optimism for its future.
