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  1. 1 day ago · Jannie Mouton, a co-founder of Capitec Bank along with Michiel Le Roux and Riaan Stassen, holds a 5.11-percent stake in the bank through the J.F. Mouton Familietrust, amounting to 6,034,518 shares. The recent increase in Capitec Bank’s share price has elevated Mouton’s stake from R12.85 billion ($701.3 million) on May 31 to R16.55 billion ...

  2. Mar 13, 2024 · South African tycoon Michel Le Roux has soared to new heights as his stake in Capitec Bank smashes through the $1.5 million mark, driven by the relentless climb of the retail bank’s shares on the Johannesburg Stock Exchange (JSE).

  3. Jul 4, 2017 · The guiding spirit of Capitec is Michiel le Roux, who disrupted South Africa’s once cozy banking market by bringing in an aggressive strategy in search of deposits from low-income earners. “The Moutons, as the main drivers behind PSG, have built a company that created wealth for many.

  4. billionaires.africa › 2023/08/10 › 5-richest-bankers-in-south5 richest bankers in South Africa

    Aug 10, 2023 · At the forefront of this financial revolution is Michiel Le Roux, a billionaire banker and co-founder of Capitec Bank. Le Roux and esteemed South African visionaries Jannie Mouton and Riaan Stassen have spearheaded a retail banking transformation that has left an indelible mark on the nation.

  5. Sep 1, 2016 · One of the earliest and biggest was PSG Group, an investment holding company, owned by former FORBES AFRICA cover, Jannie Mouton, who is worth $970 million. One day PSG called Le Roux to listen to what they had to say; he believes this was an attempt to lure him into its micro-lending business.

  6. Feb 17, 2023 · Michiel Le Roux, the co-founder of Capitec, appeared on the rich list, and ranked at number 17. Le Roux, aged 73, origin of wealth is listed as “Banking – self-made”. With a stake of about 11% in the bank, in 2001 he founded Capitec with Riaan Stassen, who served as CEO of the bank.

  7. Mar 6, 2024 · Capitec Bank, founded in 1999 by Le Roux, Jannie Mouton, and Riaan Stassen, has become a prominent retail banking brand, boasting a robust customer base. With a vast network of more than 850 branches and 7,400 ATMs across South Africa, it stands out as a global leader.