Michiel Le Roux

Biography

Michiel Le Roux is a South African billionaire with a net worth of $1.7 billion. Michiel Le Roux founded Capitec Bank in South Africa which is listed on the Johannesburg Stock Exchange. Capitec Bank saw its success in targeting the middle class of South Africa with a focus on empowering these individuals to take control of their finances. It was named the best bank in the world by the international banking Advisory Group Lafferty inaugural 2016 Bank Quality Rankings and the cheapest bank in South Africa by the 2015 Solidarity Research Institute (SRI) Bank Charges Report. Learn more about him here.

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