South African billionaire Michiel le Roux donated $3.5 million to the DA in 12 months

Billionaires Africa | 01.06.2026 11:25
New disclosures from the Electoral Commission of South Africa show that Capitec co-founder Michiel le Roux donated R58 million, approximately $3.57 million, to the Democratic Alliance over the 12-month period to the end of March 2026, through his Fynbos Kapitaal and Fynbos Ekwiteit investment vehicles, making him the largest individual political donor in South African history.