Book Extract
How Koos Bekker amassed one of the largest fortunes in SA
In his book 'Koos Bekker's Billions', author TJ Strydom tells the story behind the former CEO of Naspers' investment in little-known Chinese firm Tencent
04 September 2022 - 07:26
“If you look at the long-term future, 10 years from now, I think e-commerce will be by far our biggest unit,” he said in 2012. With five years of good growth, he believed the likes of OLX, Ibibo and Allegro could "(take) over from pay-TV and maybe even from the listed investments”.
The listed investments were, of course, the mountain of value represented by Tencent and, at that stage, the molehill of Russia’s Mail. ..
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