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The rich are getting richer and they have the figures to prove it.
The pandemic has not been as devastating to the super-rich as it was for the middle class and the poor globally, including South Africa.
Jacob Zuma and Cyril Ramaphosa during the announcement of new party leadership at the ANC national conference at the Nasrec Expo Centre on 18 December2017 in Soweto. Picture: Gallo Images/Alet Pretorius
Former president Jacob Zumaâs âleft dryâ letter of concern to the ANC top six should not just be ignored, it should be scrutinised because it exposes the rot within the ANC and an âunwritten pactâ among its leaders to protect one another in case of trouble with the law, say political analysts.
Ah, the cat and mouse melodrama of South Africa’s two richest citizens: Both Nicky Oppenheimer and Johann Rupert are obscenely rich. It doesn’t matter which one has more money, because combined, they’re worth over $15 billion – or R225 billion, based on our current exchange rates.
Fluctuating values: The richest South Africans in 2021
However, human curiosity never fails to get the better of us – especially when the
Forbes Billionaires List suggests that Nicky Oppenheimer has reclaimed his spot as the wealthiest person in the country, replacing Johann Rupert in the process. The new figures, released at the end of January, make for a compelling read.