Real Estate Investor Magazine South Africa February 2015 | Page 45

TRENDS BY MEGAN DIENER Top 10 Wealthiest Property Tycoons South Africa’s richest property investors I n December 2014, the annual ‘Rich List’ was released featuring the top richest people in South Africa. The local listed sector featuring Real Estate Investment Trusts (RIETS) have shown substantial growth last year, which has contributed to the financial success of these tycoons. A number of notable names of property tycoons have reached the top spots on the list. Here are the top 10 tycoons: THE