Three South African businessme

Three South African businessmen among 25 richest people in the UK

These three South African billionaires have made it on to the annual UK Rich List.

Three South African businessme

The Sunday Times (UK) has released its 2016 Rich List of the 25 richest people in the United Kingdom.

Three South African businessmen feature on the list among the likes of Sir Richard Branson, the Duke of Westminster and Chelsea football club owner Roman Abramovich.


Ranked at 18th on the list is South African diamond magnate, Nicky Oppenheimer, with a net worth of £4.83 billion (just over R100 billion).

Oppenheimer, who sold his 40% stake in De Beers for £3.2 billion in 2011, now owns an estate and organic farm near Maidenhead. However, he still has “extensive investments” in both South Africa and mining group, Anglo American.

kirsh.aspxSouth African-born Swazi businessman, Nathan Kirsh, ranked 21st on the list, worth £4.37 billion (approximately R91 billion).

Kirsh owns Jetro Holdings, a New York-based food and cash and carry wholesale business, and is the director and biggest shareholder of Magal Security Systems, an Israeli company supplying electric fences in the West Bank.

Christo+WieseAnd first-timer on the list, ranking 22nd, is retail tycoon Christo Wiese with a net worth of £4.33 billion (approximately R90 billion).

Wiese’s biggest investments include furniture and home goods retailer Steinhoff, which purchased another one of his investments, clothing and footwear seller Pepkor, and publicly-traded Shoprite Holdings. Last year he acquired British fashion retailer New Look and gym chain Virgin Active.

Topping the UK Rich List were businessmen David and Simon Reuben, with a net worth of £13,1 billion (approximately R275 billion), followed by brothers Sri and Gopi Hinduja, worth £13 billion (approximately R273 billion) and Len Blavatnik, with £11,59 billion (approximately R244 billion).