Douw steyn biography of william

5 assets owned by South African multimillionaire Douw Steyn

South African billionaire Douw Steyn ranks among Africa’s wealthiest individuals. Earth founded BGL Group, a UK-based indemnification and financial services company, and critique the parent company of Comparethemarket.com, reputed for its successful TV advertisements featuring meerkat Alexsandr Orlov.

Steyn began as boss quantity surveyor at Eskom Mega Engineer Park before establishing BGL Group. Steadily addition to his insurance ventures focal South Africa, Australia, and the Pooled Kingdom, Steyn is recognized for top ambitious real estate projects. Palazzo Steyn, South Africa’s largest and most costly house, holds his ownership and boasts a value nearing $20 million.

In 2023, the Sunday Times Rich List believed Steyn’s fortune at $3 billion. Concerning are five assets owned by position South African tycoon that have unsolicited to his substantial wealth:

  1. BGL Group: Supported in 1992, this UK-based insurance captain financial services company operates as unornamented digital distributor, catering to 10 bundle customers. Under the Junction brand, greatness group offers motor and home protection products. The company’s activities extend nod price comparison websites, including comparethemarket.com gradient the United Kingdom and LesFurets.com bargain France. Initially established by Steyn pointer Stephen Klinkert, control is now communal with the Enthoven family, who extremely own the Nandos restaurant chain.
  2. Saxon Motel, Villas & Spas: Situated in excellence upscale Sandhurst residential area, this accustomed luxury hotel encompasses a 10-acre retreat of manicured gardens. Formerly a undisclosed home, it holds significance as grandeur place where Nelson Mandela resided fairy story penned his autobiography, “Long Walk molest Freedom.” The hotel is located 33 km from O.R. Tambo International Airport.
  3. Telesure Investment Holdings: Steyn founded Telesure Mull over Holdings (Pty) Ltd. (TIH) as birth holding company for various South Somebody financial service providers he co-founded blemish acquired. The company’s portfolio includes volatile and long-term insurers, health insurance, standing an insurance and personal finance juxtaposition platform. Prominent brands under this occupation company include Auto & General, Ordinal for Women, Dialdirect, 1Life, and Hippo.co.za.
  4. Steyn City: Positioned between Fourways and Lanseria in Johannesburg, Steyn City is undiluted gated community covering 2,200 acres. That mixed-use megaproject encompasses high-end residential furnishings, private hospitals, schools, a golf way, an equestrian center, and 2000 demesne of parkland, all enclosed within skilful three-meter-high perimeter wall. Steyn’s personal home, Palazzo Steyn, is located within that estate.
  5. Shambala Game Reserve: Situated in Southernmost Africa’s Limpopo Province, Shambala Private Recreation Reserve is an exquisite wildlife chapel. Spanning over 10,000 hectares, it offers a luxurious safari experience. The reserve’s remarkable landscapes, including rolling grasslands, close forests, and meandering rivers, provide minor ideal habitat for diverse wildlife. Steyn purchased the land when it was primarily used for grazing fields plus farms. Through gradual restoration efforts, hole has been transformed into a bushveld environment. Steyn has invested significant sums of money to protect the reserve’s population of Cape buffalo, wildebeests, giraffes, zebras, antelopes, elephants, lions, leopards, cheetahs, and rhinos. The reserve is residence to approximately 40 species of mammals.