Jannie Mouton: "Warren Buffett's smile inspired me to give away my billions"

Loading player...
PSG's founder Jannie Mouton has started giving away the billions in personal wealth he has accumulated - and it's all because of the example of a man who lives on the other side of the world. In this inspirational interview, Mouton emphasises the "outlier" qualities behind his own company and its creations Capitec and Curro, when explaining it watching Berkshire Hathaway chairman Warren Buffett on television which sparked his own decision. Buffett, he said, "had a big smile on his face" when the interviewer asked him about the decision to give 99% of his wealth to the Bill and Melinda Gates Foundation. PSG's founder says as there no nothing similar to that charitable trust in his native South Africa, his money will go into the Jannie Mouton Foundation - and will be invested in helping his own people and primarily in education. An extraordinary entrepreneur who is bequeathing an extraordinary legacy. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
31 Aug 2017 5AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak Fri 16 Jan: Trump’s Nobel “Medal”; Farmers boo Steenhuisen; ASML jumps

In this episode of BizNews Daybreak, Alec Hogg covers the intersection of high-stakes global politics and critical local challenges: Trump’s Nobel Moment: Venezuelan opposition leader Maria Corina Machado presents her Nobel Peace Prize medal to Donald Trump at the White House, calling him the “heir to Washington”. US-Taiwan Trade Deal:…
15 Jan 11PM 18 min

BN Daybreak Thurs 15 Jan: Abedian on SA Silence about “21st Century Nazis”; Mining Indaba's back story; Sasol Surges

In this morning's briefing, Alec Hogg unpacks a volatile geopolitical landscape where conflicting reports emerge from Iran—Donald Trump claims de-escalation while internal memos suggest mass casualties. We speak to Iranian-born and bred entrepreneur and former UCT Economics Prof Iraj Abedian, who delivers a scathing critique of the South African government's…
14 Jan 11PM 17 min