It’s months later and the effects of the Brexit vote are still trickling through the financial world. Although markets haven’t crashed as much as financial advisors predicted (yet), the world’s billionaires have lost, well, billions.
Amancio Ortega, the world’s second richest man, lost the most at $6 billion. Not that that really mattered.
Meanwhile in South Africa, the top three contenders for first place have been affected.
Last year’s number one, Nicky Oppenheimer, former chairman of De Beers diamond mining company, has seen his fortune remain the same, but taking his place at the top spot is none other than founder of Shoprite Holdings, Christo Wiese.
Although Christo lost a substantial $626.2 million immediately after the Brexit financial fallout, his fortune has still risen considerably, putting him at number 190 in the world.
Take a look at all of South Africa’s leaders and where they sit:
Meanwhile, the world’s top 10 are still sitting pretty with all their billions:
What do you even do with all that money? Buy gold?
[source:businesstech]
