Brenthurst Wealth founder Magnus Heystek says his offshore money won't return to South Africa
Billionaires Africa | 24.03.2026 01:22
Magnus Heystek, co-founder and investment strategist at Brenthurst Wealth, says he will not bring a single cent of his offshore investments back to South Africa, despite a recent rally in local markets. Speaking at the 2026 BizNews Conference in Hermanus, Heystek doubled down on a long-held strategy that prioritizes global diversification over domestic exposure. He argued that South Africa's structural challenges still outweigh short-term market gains and that international opportunities remain superior for long-term wealth protection.