💨 Abstract

South Africa’s seven richest individuals have a combined net worth of R696 billion ($40.4 billion), sparking debate over inequality. Their wealth, derived from mining, retail, and finance, contrasts with high unemployment and poverty. Critics call for wealth taxes and redistribution, while supporters argue their investments drive growth. The list includes Johann Rupert (luxury goods), Nicky Oppenheimer (diamonds), and Koos Bekker (tech).

Courtesy: Garrin Lambley