Home People Michiel le Roux Biography, Age, Career, Profile & Net Worth

Michiel le Roux Biography, Age, Career, Profile & Net Worth

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Michiel Le Roux (born 20 May 1949) is the Founder and current  Chairman of Capitec Bank Holdings Limited. He was Chief Executive Officer of the bank until 2004.

Michiel le Roux biography

Michiel le Roux Age

He was born on the 20th of May 1949. Michiel le Roux is 71 years old as 0f 2020.

Net Worth

He has an estimated net worth of over 1 billion US dollars making him one of the richest men in South Africa.

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Career

  • The year 1979 – 1993 He was Managing Director, Distillers Corp (Societe Anonima) Ltd in Stellenbosch, Western Cape, South Africa.
  • From 1995 – 1997 He was Managing Director, Boland Bank Ltd in Paarl, Western Cape, South Africa.
  • Since 1997 – 1998 He was Chief Executive Officer, BoE (Pty) Ltd in Durban, KwaZulu-Natal, South Africa.
  • From 1997 – 1998 He was Chief Executive Officer, NBS Boland Group Ltd in Durban, KwaZulu-Natal, South Africa.
  • As from 1999 – 2001 He was Chairman, Keynes Rational Ltd in Stellenbosch, Western Cape, South Africa.
  • From 2001 – 2004 He was Founder & Chief Executive Officer, Capital Alliance Holdings Limited in Stellenbosch, Western Cape, South Africa.
  • In 2001 He became Non-Executive Director, Capital Alliance Holdings Limited in Stellenbosch, Western Cape, South Africa.
  • In 2007 He became Non-Executive Chair, Capital Alliance Holdings Limited in Stellenbosch, Western Cape, South Africa.
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Capitec Bank

He founded Capitec Bank in 2001 and owns about an 11% stake. Michiel Le Roux is the Founder and current Chairman of Capitec Bank Holdings Limited. He was Chief Executive Officer of the bank until 2004.

The bank targets South Africa’s emerging middle class and trades on the Johannesburg Stock Exchange.

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Le Roux served as the chairman of the board of Capitec from the year 2007 to 2016 and has continued as a board member.

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