Jannie Mouton: "Warren Buffett's smile inspired me to give away my billions"

Loading player...
PSG's founder Jannie Mouton has started giving away the billions in personal wealth he has accumulated - and it's all because of the example of a man who lives on the other side of the world. In this inspirational interview, Mouton emphasises the "outlier" qualities behind his own company and its creations Capitec and Curro, when explaining it watching Berkshire Hathaway chairman Warren Buffett on television which sparked his own decision. Buffett, he said, "had a big smile on his face" when the interviewer asked him about the decision to give 99% of his wealth to the Bill and Melinda Gates Foundation. PSG's founder says as there no nothing similar to that charitable trust in his native South Africa, his money will go into the Jannie Mouton Foundation - and will be invested in helping his own people and primarily in education. An extraordinary entrepreneur who is bequeathing an extraordinary legacy. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
31 Aug 2017 5AM English South Africa Investing · Business News

Other recent episodes

Andrew Morphew - SA’s FMD plan fails as vaccinated animals become infected…

South African farmers are furious with the State's failures in its handling of the Foot and Mouth Disease outbreak and vaccination programme. In this interview with Chris Steyn, Andrew Morphew, the spokesperson for FMD Response SA says: “We are seeing the virus is continuing to spread. There's Foot and Mouth…
19 May 6AM 13 min

Tim Cohen: Doubling down on transformation

The fight over transformation policy in South Africa is intensifying as four of the biggest law firms legally challenge the new legal sector codes. Currency News Senior Editor Tim Cohen joins Irakli to discuss the deeper fault lines exposed by this clash, questioning whether the push for 50% black ownership…
18 May 11AM 9 min

Juanita du Preez: The police generals are falling like dominoes…

The deepening crisis in the South African police force has seen generals toppled either through suspension or arrest. In this interview with Chris Steyn, Action Society's Juanita du Preez comments on the suspensions of the National Commissioner, the Mpumalanga Provincial Commissioner, and the Head of Supply Chain Management, as well…
18 May 7AM 16 min