Fortunes: The Rise and Rise of Afrikaner Tycoons
By (Author) Ebbe Dommisse
Jonathan Ball Publishers SA
Jonathan Ball Publishers SA
31st August 2021
8th July 2021
South Africa
Tertiary Education
Non Fiction
338.040922
Paperback
360
337g
The past three decades have seen a remarkable rise of Afrikaners in business. With Koos Bekker at its helm, media group Naspers began dominating the Johannesburg Stock Exchange and was turned into a global consumer internet group. Johann Rupert strongly extended Richemont's share internationally in the upper-end market of luxury goods, while Christo Wiese and Whitey Basson at Pepkor and Shoprite became Africa's largest clothing and food retailers.
Fortunes describes how these and other business leaders, such as Jannie Mouton, Michiel le Roux, Douw Steyn, Roelof Botha, Hendrik du Toit and a number of commercial farmers, built their empires. It looks at their life and business philosophies and what makes them such successful entrepreneurs.
Recent years have also seen the sensational collapse of Steinhoff International, the furniture retailer led by Markus Jooste that destroyed some of these fortunes. While Jooste is the topic of one of the chapters, another looks at the philanthropic projects most of these tycoons are involved in.
EBBE DOMMISSE is the author of the best-selling Anton Rupert - A Biography and several other books. After a career of 40 years in journalism, he retired as editor-in-chief of the Cape Town daily Die Burger. He grew up in Carnarvon in the Karoo and matriculated at Boys' High School in Paarl. Dommisse has a Master's degree from the Journalism School at Columbia University in New York and a PhD from the University of Stellenbosch.