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Key Points
- Jannie Mouton’s stake in Capitec jumped $52 million as the bank’s 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 bank’s 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 Bank’s resurgent share price, with a remarkable $52 million gain from his stake in the bank over the past few weeks.
Capitec rally lifts Mouton’s 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 Africa’s 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 bank’s share price climbed 4.68 percent, pushing the value of his stake up by R888 million ($49.19 million)—from R20.08 billion ($1.11 billion) to R20.97 billion ($1.16 billion).
Capitec wins with people-first banking
Capitec’s success hasn’t 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 reach—an approach that continues to win over both users and investors.
Between July 15 and the end of the month, Capitec’s share price rose from R3,393.39 ($187.98) to R3,453.45 ($196.29), a move that not only padded Mouton’s fortune but also underscored growing confidence in South Africa’s 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.
Resilient bet on Capitec pays off
For Mouton, who has held firm through good times and bad, this is further proof that long-term conviction still pays off. His wealth isn’t just the result of market timing, but of a sustained belief in Capitec’s model—and in the idea that banking can be both simple and profitable.
These gains also come at a time when investor sentiment in South Africa is beginning to turn a corner. Capitec’s rise is more than just a stock story—it’s part of a broader narrative about resilience, smart fundamentals, and the value of backing ideas that stand the test of time.
