New York — An estimated US$7 billion is given away every year by Africa’s philanthrocapitalists – at least the ones we know about. These are the men (sadly no women yet on this list) providing home-grown solutions to local needs.
10. Francois van Niekerk, South Africa
The founder of Mertech Group gave 70 percent of his equity (valued at $170 million) to his Mergon Foundation, which funds education, health and skills-building initiatives.