South African Billionaire Jannie Mouton Gains 52 Million From Capitec Stake

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south african billionaire jannie mouton gains 52 million from capitec stake

Jannie Moutons stake in Capitec jumped 52 million as the banks share price rose nearly 5 over 16 days ending July 31.

A 100,000 investment in Capitec at the start of 2025 is now worth 113,050, reflecting strong investor confidence

The banks low-fee, digital-first model and national presence continue to drive loyalty, growth, and long-term returns.

Jannie Mouton , the influential South African billionaire and founder of PSG Group, has emerged as one of the standout beneficiaries of Capitec Banks resurgent share price, with a remarkable 52 million gain from his stake in the bank over the past few weeks.

Capitec rally lifts Moutons fortune

Known for his visionary role in the creation of Capitec alongside Michiel Le Roux and Riaan Stassen, Mouton has seen the value of his investment in the digital-first banking institution climb steadily, once again reinforcing his status as a titan in South Africas financial sector.

Through the J.F. Mouton Familie Trust, Mouton holds a 5.11 percent stake in Capitec. Over a 16-day stretch ending July 31, the banks share price climbed 4.68 percent, pushing the value of his stake up by R888 million 49.19 millionfrom R20.08 billion 1.11 billion to R20.97 billion 1.16 billion.

Capitec wins with people-first banking

Capitec s success hasnt come from flashy strategies or aggressive expansion. Instead, it has stuck to a clear formula: low fees, digital-first banking, and a deep focus on customer needs. With 856 branches and more than 7,400 ATMs, the bank has managed to pair high-tech efficiency with real-world reachan approach that continues to win over both users and investors.

Between July 15 and the end of the month, Capitecs share price rose from R3,393.39 187.98 to R3,453.45 196.29, a move that not only padded Moutons fortune but also underscored growing confidence in South Africas banking sector. A 100,000 investment in Capitec at the start of 2025 would now be worth 113,050, a 13 percent return in seven months.

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