South African billionaire Magda Wierzycka despises AI but is launching a fund to invest in it anyway

Billionaires Africa | 10.06.2026 10:53
Magda Wierzycka, the founder and chief executive of Sygnia and one of Africa's richest women, says she would press a delete button on artificial intelligence if one existed — and is simultaneously launching a venture capital fund to invest in South African entrepreneurs building AI-based businesses.