A few Namibians have built multi-million and billion dollar empires in industries as diverse as agriculture, food, construction, energy and distribution and earned multi-million dollar fortunes to boot. Their names don’t ring with the African public, and you’ve probably never heard about them before, but they are very successful — and very wealthy.
Meet five ultra-wealthy Namibian entrepreneurs who founded, own and run businesses with proven annual revenues of eight figures or more. Their names don’t ring with the African public, and you’ve probably never heard about them before, but you should probably know them.
Tony Pupkewitz is the oldest child of Harold Pupkewitz – arguably one of the greatest empire builders in Namibia’s recent history. Harold Pupkewitz, who died in April 2012 after a heart attack, built his conglomerate, Pupkewitz Holdings, into Namibia’s largest private company. Pupkewitz Holdings is home to such blue chips as Pupkewitz Motors – the largest dealer of Toyota, Nissan and Honda cars in Namibia; and Megacell, the country’s largest distributor of Nokia, Samsung and Apple products. The group’s real estate arm, Pupkewitz Properties, is one of the largest owners of commercial and residential real estate in Namibia. Tony Pupkewitz, who spends a lot of his time in Cape Town, is a Photographer, and heir apparent.
Source: Financial services
In 1992, Quinton-van-Rooyen, 52, founded Trustco Group Holdings. It is now one of the largest diversified financial services groups in Southern Africa with interests in banking and finance, insurance, and asset management. Van-Rooyen owns more than a 20% stake in the company, which is dual-listed on the Namibia and Johannesburg Stock Exchange. His stake in Trustco alone is valued at more than $50 million.
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