Rise of South Africa’s ultra-rich reveals a tale of two nations

Sunday Times | Suthentira Govender:


When times get tough, it seems the rich in South Africa get richer – in spite of living in a country with vast wealth discrepancies.

Despite the turbulent economic times, wealthy South Africans are getting even wealthier – and the number of millionaires is growing in leaps and bounds.

Businesswoman Shameen Chetty at home with her Porsche.
Image: Jackie Clausen

As their fortunes grow, the super-rich are splurging on fine art, wines…


Read full article via source: http://www.timeslive.co.za/sundaytimes/stnews/2015/05/17/rise-of-south-africa-s-ultra-rich-reveals-a-tale-of-two-nations