South African billionaire Michiel Le Roux donated $3.5 million to the DA in 12 months
IEC data shows Michiel Le Roux donated R58 million ($3.57 million) to the DA in 12 months, the biggest individual political donation in South African history.
Michiel Le Roux
South African billionaire Michiel Le Roux's Capitec launches Smart ID services at seven branches
Capitec has launched Smart ID services at seven branches, letting clients apply in under five minutes with no booking required and no Home Affairs official needed.
Capitec's billionaire founder Michiel Le Roux donated millions to Democratic Alliance
Michiel Le Roux’s investment vehicle gave the DA another major boost as fresh disclosures showed the party taking most declared donations late last year.
South African billionaire Michiel Le Roux’s Capitec nears Nedbank-level profits
Capitec’s projected earnings of up to $1.07 billion shifts Michiel Le Roux’s mission is to build a simplified, mass-market banking giant challenging South Africa’s biggest lenders
How Michiel Le Roux’s low-cost model is powering Capitec’s earnings surge
The South African billionaire’s long-held bet on simplicity, scale, and affordability is once again fueling stellar growth at Capitec Bank
South African billionaire Michiel Le Roux’s Capitec to grow branches and ATM network as rivals scale back
Capitec plans to expand branches and ATMs in 2026, betting that physical access still matters as rivals cut networks and push deeper into digital banking.
South African billionaire Michiel Le Roux gains $1.1 billion from Capitec in 2025
Capitec Bank’s 2025 share rally lifted Michiel Le Roux’s stake by $1.1 billion, boosted by strong earnings and a firmer rand.
South African billionaire Michiel Le Roux’s Capitec buys Walletdoc for $23 million
Capitec advances its digital push with a $23.5 million deal to acquire Walletdoc and expand payment services.
South African billionaire Michiel Le Roux’s Capitec targets SMEs with fintech push
Capitec Bank partners with fintech startup Stub to give small businesses real-time access to banking data and boost South Africa’s SME growth.
Capitec rally pushes Michiel Le Roux stake to $3 billion
South African billionaire Michiel Le Roux’s Capitec stake climbs to $3 billion amid rising shares and investor confidence.
South African billionaire Michiel Le Roux set for $20 million Capitec dividend
South African billionaire Michiel Le Roux set for $20.08 million payout as Capitec lifts dividend on strong earnings.
South African billionaire Michiel Le Roux’s Capitec reports $326 million half-year profit
Capitec Bank, founded by billionaire Michiel le Roux, posted $326.4 million profit in H1 2026, lifted by higher income and tight cost control.
South African billionaire Michiel Le Roux gains $87 million from Capitec stake
Capitec Bank co-founder Michiel Le Roux adds $87 million to his wealth after the bank’s stock surge boosts its market value past $24 billion.
Capitec billionaire Michiel le Roux fuels DA with $1.4 million donation
Capitec founder Michiel le Roux, South Africa’s fifth-richest man, donated R25M to the DA, cementing his role as the party’s biggest backer.
Michiel Le Roux now worth $2.6 billion as Capitec becomes Africa’s most valuable bank
Michiel Le Roux’s fortune has climbed to $2.6 billion as Capitec overtakes FirstRand to become Africa’s most valuable bank.
Capitec stock falls, South African billionaire Michiel Le Roux loses $70 million
Michiel Le Roux loses $70 million as Capitec Bank stock falls, but his $2.5 billion stake still signals long-term strength.