Douw Steyn

Douw Gerbrand Steyn (born December 1952), is a South African billionaire businessman, the founder of BGL Group, a UK-based insurance and financial services company, and the parent of Comparethemarket.com. Steyn has links to South African politics, having housed former South African president Nelson Mandela at the Southern Sun Estate before reportedly purchasing the Houghton Estate for him.

Douw Steyn
Born
Douw Gerbrand Steyn

December 1952 (age 67)
NationalitySouth African
Alma materPotchefstroom University for Christian Higher Education
OccupationBusinessman
Known forfounder of BGL Group
Net worth GB£900 million (Sunday Times Rich List, 2019)

According to The Sunday Times Rich List in 2019, Steyn is worth £900 million.[1]

Early life

Douw Gerbrand Steyn was born in December 1952. He went to school in Linden, Johannesburg.[2] He received a bachelor's degree in 1978 from Potchefstroom University for Christian Higher Education.[3][2]

Career

Steyn began his career as a quantity surveyor at Eskom Mega Watt Park.[3]

Steyn founded BGL Group (which was founded as Budget Insurance Company in 1992), a UK-based insurance and financial services company, and the parent of Comparethemarket.com.[4]

Personal life

In February 2013, he married Carolyn at the Saxon Boutique Hotel, where guests included Graça Machel, Timothy Moloi, and Michael de Pinna.[2]

References

  1. Times, The Sunday (12 May 2019). "Rich List 2019: profiles 152-200, featuring JK Rowling, Philip Green and Paul McCartney". ISSN 0140-0460. Retrieved 16 September 2019.
  2. "R250m Palazzo Steyn reflects "my confidence in SA's future"". Biznews.com. 1 December 2014. Retrieved 11 May 2017.
  3. Douw Steyn SA, B.Sc (QS). "Douw Steyn SA, B.Sc (QS): Executive Profile & Biography". Bloomberg. Retrieved 11 May 2017.
  4. "Nocookies". The Australian. Retrieved 11 May 2017.


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