Move over the Ruperts and other icons of South African philanthropy, a growing number of the black elite are wading into this territory as SA grapples with being among the most unequal societies in the world.

Wealthy families in SA, in general, continue to create philanthropic foundations despite bad news about the economy, poor state finances and political challenges.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00.