Michiel le Roux Biography
Michiel Le Roux is a Chairman of Capitec Bank Holdings Limited. He is the Founder of the Group and was Chief Executive Officer of the bank until 2004.
Michiel le Roux Age
Michiel was born on May 20th, 1949. He is aged 70 years as of 2019.
Michiel le Roux Net Worth
He has a net worth of 1 billion US dollars.
Michiel le Roux Capitec Bank
Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. He is a Chairman of Capitec Bank Holdings Limited. He is the Founder of the Group and was Chief Executive Officer of the bank until 2004. 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 has continued on as a board member.
Michiel le Roux Career
Le Roux previously ran Boland Bank, a small regional bank in Cape Town’s hinterland. Michiel is a Director of Zeder Investments. Le roux was a Managing Director of Distillers Corporation from 1979 to 1993, and from 1995 to 1998. He was a Managing Director of Boland PKS, NBS Boland and BoE Bank. He was number 33 on last year’s list with a fortune pegged at $290 million.
His net worth has since jumped from a recent $320 million to 1 Billion US dollars.
- Year 1979 – 1993 He was Managing Director, Distillers Corp (Societe Anonima) Ltd in Stellenbosch, Western Cape, South Africa.
- From 1995 – 1997 He was Managing Director , Boland Bank Ltd in Paarl, Western Cape, South Africa.
- Since 1997 – 1998 He was Chief Executive Officer , BoE (Pty) Ltd in Durban, KwaZulu-Natal, South Africa.
- From 1997 – 1998 He was Chief Executive Officer , NBS Boland Group Ltd in Durban, KwaZulu-Natal, South Africa.
- As from 1999 – 2001 He was Chairman , Keynes Rational Ltd in Stellenbosch, Western Cape, South Africa.
- From 2001 – 2004 He was Founder & Chief Executive Officer , Capital Alliance Holdings Limited in Stellenbosch, Western Cape, South Africa.
- In 2001 He became Non-Executive Director , Capital Alliance Holdings Limited in Stellenbosch, Western Cape, South Africa.
- In 2007 He became Non-Executive Chair , Capital Alliance Holdings Limited in Stellenbosch, Western Cape, South Africa.