South Africa has a fair number of dollar billionaires, among them is Michiel le Roux.
Le Roux is most famous for being one of the founders of Capitec Bank – which has some 22 million clients.
Le Roux matriculated at Hoërskool Alberton, Alberton North, in the 1960s, and is thought to have been the former head boy and captain of 1966’s first rugby team.
Today, Le Roux’s name pops up in the funding of civil society organisations, the IEC’s political party funding declarations and investigative journalism projects reporting in the public’s interest and advocacy work.
He went on to graduate from the University of Stellenbosch Bcom LLB in 1972 and was conferred an honourary doctorate in commerce for ‘his pioneering work in the field of banking’, by the same university.
Le Roux resides in Stellenbosch with his wife and children. He made time to meet with his former Hoërskool Alberton schoolmates in 2016, 50 years after they all had walked the corridors of their former school.
