South African Billionaire Jannie Mouton Gains 37 Million From Capitec Shares

Moutons stake in Capitec surged by 37.90 million in 2 days, driven by strong investor confidence and share price gains.

Capitec Bank shares climbed 3.32 in two days, pushing market cap above 23 billion and outperforming local banking peers.

With 12.77 YTD growth, Capitecs momentum signals renewed foreign interest and positions it as a top-performing South African bank.

South African businessman Jannie Mouton, the founder of PSG Group, has yet again experienced a substantial rise in the market value of his stake in Capitec Bank, fueled by the banks sustained share price growth on the Johannesburg Stock Exchange JSE.

Through the J.F. Mouton Familie Trust, Mouton holds a 5.11 percent stake in Capitec Bank, one of South Africas top-performing financial institutions. Over just two trading days, his stake appreciated by R672.55 million 37.90 million, as investor sentiment around the bank continues to strengthen.

The surge follows an earlier gain of 28.47 million from May 4 to May 29, when the value of his stake in Capitec rose from R19.96 billion 1.11 billion to R20.46 billion 1.14 billion.

Capitec Bank has grown into one of South Africas most trusted retail banking brands, now serving millions of customers through 856 branches and over 7,400 ATMs nationwide. In the two decades since it launched, it has become a fixture in the countrys financial landscape.

Investor confidence in the bank has climbed once again, with shares rising 3.32 percent over just two days. The stock moved from R3,420.96 192.8 on June 23 to R3,534.61 199.2, pushing Capitecs market value past 23 billion and offering shareholders another round of meaningful gains.