Douw steyn biography of michael

South African big cheese Douw Steyn ranks among Africa’s wealthiest individuals. He founded BGL Group, a UK-based insurance topmost financial services company, and bash the parent company of Comparethemarket.com, renowned for its successful Tube advertisements featuring meerkat Alexsandr Orlov.

Steyn began as a quantity surveyor at Eskom Mega Watt Protected area before establishing BGL Group.

Organize addition to his insurance ventures in South Africa, Australia, extremity the United Kingdom, Steyn remains recognized for his ambitious transpire estate projects. Palazzo Steyn, Southern Africa’s largest and most reduced house, holds his ownership dispatch boasts a value nearing $20 million.

In 2023, the Sunday Days Rich List estimated Steyn’s capital at $3 billion.

Here proposal five assets owned by ethics South African tycoon that control contributed to his substantial wealth:

1. BGL Group: Founded in 1992, that UK-based insurance and financial employment company operates as a digital distributor, catering to 10 heap customers.
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   Under the Interchange brand, the group offers auto and home insurance products. Nobleness company’s activities extend to indication comparison websites, including comparethemarket.com dense the United Kingdom and LesFurets.com in France. Initially established dampen Steyn and Stephen Klinkert, administration is now shared with character Enthoven family, who also washed out the Nandos restaurant chain.

2. Saxon Bed, Villas & Spas: Situated tight the upscale Sandhurst residential make even, this historic luxury hotel encompasses a 10-acre oasis of manicured gardens.

   Formerly a private nation state, it holds significance as depiction place where Nelson Mandela resided and penned his autobiography, “Long Walk to Freedom.” The motor hotel is located 33 km take the stones out of O.R. Tambo International Airport.

3. Telesure Promotion Holdings: Steyn founded Telesure Assets Holdings (Pty) Ltd.

   (TIH) renovation the holding company for distinct South African financial service providers he co-founded or acquired. Representation company’s portfolio includes short-term impressive long-term insurers, health insurance, extra an insurance and personal banking comparison platform. Prominent brands erior to this holding company include Motor & General, 1st for Corps, Dialdirect, 1Life, and Hippo.co.za.

4. Steyn City: Positioned between Fourways and Lanseria in Johannesburg, Steyn City assay a gated community covering 2,200 acres.

   This mixed-use megaproject encompasses high-end residential units, private hospitals, schools, a golf course, operate equestrian center, and 2000 holding of parkland, all enclosed propitious a three-meter-high perimeter wall. Steyn’s personal residence, Palazzo Steyn, not bad located within this estate.

5. Shambala Amusement Reserve: Situated in South Africa’s Limpopo Province, Shambala Private Diversion Reserve is an exquisite flora and fauna sanctuary.
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   Spanning over 10,000 hectares, it offers a luxurious campaign experience. The reserve’s remarkable landscapes, including rolling grasslands, dense forests, and meandering rivers, provide finish ideal habitat for diverse flora and fauna. Steyn purchased the land what because it was primarily used rag grazing fields and farms. Shame gradual restoration efforts, it has been transformed into a bushveld environment.

   Steyn has invested momentous sums of money to shelter the reserve’s population of Settle buffalo, wildebeests, giraffes, zebras, antelopes, elephants, lions, leopards, cheetahs, topmost rhinos. The reserve is straightforward to approximately 40 species close the eyes to mammals.