This significant increase in Du Plessis’s stake solidifies his position among the wealthiest investors on the Johannesburg Stock Exchange.
André Du Plessis
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- Southern Africa
South African tycoon Andre Du Plessis becomes $11 million richer as Capitec shares soar
Du Plessis, a prominent South African businessman, owns a beneficial 0.78-percent stake in Capitec Bank.
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Du Plessis co-founded Capitec Bank in 2001.
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Du Plessis, a co-founder and the outgoing CFO of the South African bank, has a beneficial 0.008-percent ownership in the company.
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Du Plessis co-founded Capitec Bank with South African billionaire Michiel Le Roux and leading businessmen Jannie Mouton and Riaan Stassen in 2001.