The Stellenbosch Mafia: Inside the Billionaire's Club by Pieter du Toit
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About 50kms outside of Cape Town lies the beautiful town of Stellenbosch. Here reside some of South Africa’s wealthiest individuals: all male, all Afrikaans. Johann Rupert, Jannie Mouton, Markus Jooste and Christo Weise, to name a few.
Author Pieter du Toit begins his bestselling book by exploring the roots of Stellenbosch, arguably the cradle of Afrikanerdom. This is the birthplace of apartheid leaders, intellectuals, newspaper empires and more.
He then closely examines this ‘club’ of billionaires. Who are they and, crucially, how are they connected? What network of boardroom membership, alliances and family connections exist? Who are the ‘old guard’ and who are the ‘inkommers’, and what about the youngsters desperate to make their mark? He looks at the collapse of Steinhoff: what went wrong, and whether there are other companies at risk of a similar fate. He examines the control these men have over cultural life, including pulling the strings in South Africa rugby.