South African Billionaire Douw Steyn Passes Away At 72

Douw Steyn, the South African billionaire and celebrated entrepreneur, has passed away at the age of 72, leaving behind a remarkable legacy as the founder of major insurance and property ventures. According to his companies’ statements, Steyn, who had been struggling with health issues for several years, died peacefully.Best known for launching the Auto & General insurance business and developing the expansive Steyn City estate, Steyn built his wealth, estimated at R70 billion on the 2024 UK Sunday Times Rich List, through relentless innovation and vision. He was not…