← Africa Wealth Index
Michiel Le Roux portrait published by Forbes

Michiel Le Roux

Live source data

Stellenbosch · South Africa

Net worth

$3.8B

Rank 9 in Africa

Previous published

$3.8B

Live tracker comparison

Age

76

Wealth origin

Self-made

Published biography

Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about 11% of the company's shares.

The bank, which trades on the Johannesburg Stock Exchange, targets South Africa's emerging middle class.

He served as chairman of the board of Capitec from 2007 to 2016 and still sits on the company's board.

Le Roux previously ran Boland Bank, a small regional bank in Cape Town's hinterland.

Capitec Bank has more than 800 branches and over 15,000 employees.

Le Roux was the largest donor to the Democratic Alliance, a liberal South African political party, during its 2023-2024 financial year.

Source: ForbesForbes Africa's Billionaires 2026 · live tracker · as of Tue, 18 Aug 2026 17:20:04 GMT

Same market

Other tracked individuals in South Africa