How SA-linked super-rich have fared on Sunday Times 2020 Rich List

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How SA-linked super-rich have fared on Sunday Times 2020 Rich List
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Nicky Oppenheimer has seen a loss in his fortunes, though moved up two places in the list, with Douw Steyn apparently still smiling to the bank.

Britain’s Sunday Times newspaper each year compiles its list of 1,000 richest people, including individuals with links to Britain but who aren’t necessarily British.

The other people on the Sunday Times’ list included South African-born Nathan “Natie” Kirsh at number 39, with £3.656bn, down by a whopping £628m and eight places on the list. The paper said the 88-year-old Swazi citizen had spent £10m on “greening” London’s Tower 42 so that its 20 renewed lifts now consumed 82% less electricity. They reported that his son and daughter had also bought four apartments in Trump Tower.

At 300 was the Gordon family with £445m, a huge drop of £155m after the South African-born property magnate Sir Donald Gordon died in November at age 89.Down in 858th place was South African-born banker Richard Gnodde, with £140m. More than half of the billionaires in Britain had seen drops in their worth by as much as £6bn, a decrease in their collective wealth unprecedented since 2009 and the financial crisis.

The Hinduja brothers, who topped last year’s list with a £22bn fortune, saw among the biggest falls in worth – £6bn – and are now ranked jointly second with entrepreneurs David and Simon Reuben.

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