South African billionaire Jannie Mouton's PSG grows client assets to $35.7 billion
PSG Financial Services, part of the empire built by billionaire Jannie Mouton, grew assets under management 15% to R594.1 billion as earnings rose 5%.
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PSG Financial Services, part of the empire built by billionaire Jannie Mouton, grew assets under management 15% to R594.1 billion as earnings rose 5%.
PSG founder Jannie Mouton's Capitec stake lost $115 million in the third quarter as shares of South Africa's biggest retail bank fell 7%.
Francois Gouws owns a stake in PSG Financial Services worth R829 million.
PSG Financial Services expects attributable earnings per share to rise as much as 39% for the year ended Feb. 28, 2026, with results due April 16.