Quinton van Rooyen
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Quinton van Rooyen (born 1965 in Durban, Kwazulu Natal, South Africa).[1] is a Namibian businessman. Van Rooyen bought Trustco Group Holdings in 1992,[2] a holding company with branches in insurance, finance, asset management, media, and education. Since then it has grown to one of the largest financial service firms in Southern Africa. As of 2022[update] van Rooyen still owns a substantial portion of it.[3]
Trustco is dual-listed on the Namibian Stock Exchange and the Johannesburg Stock Exchange. It runs the LegalShield insurance, the Institute of Opel Learning (IOL) educational institution, and owns various property development schemes in and around Windhoek. Trustco also owns the microfinancing institution Trustco Bank. Business Insider has labelled Trustco's accounting practices as "controversial" and "curious".[4]
Van Rooyen is among the richest Namibians. After selling close to 50% of TrustCo in 2013, his wealth was estimated to have surpassed 1 billion N$ in 2014[5] (c. 100 million US$)[6]
Van Rooyen holds an LL.B. and a doctorate (honoris causa) from the International University of Management (IUM).[1]
References[edit]
- ↑ 1.0 1.1 Siririka, Paheja (11 September 2020). "At home with Quinton van Rooyen - 'Lions don't lose sleep over the opinions of sheep'". New Era.
- ↑ "Trustco reports profit more than 10 times' revenue". New Era. 1 July 2022.
- ↑ Amukeshe, Lazarus (3 February 2022). "Trustco makes loss of N$44,8 million a month". The Namibian. p. 13.
- ↑ Thompson, Andrew (26 February 2020). "A controversial JSE-listed company plans a new city outside Windhoek – and blames criticism on a 'cabal'". Business Insider.
- ↑ Kaira, Chamwe (9 December 2014). "Quinton van Rooyen worth N$1b". The Namibian. p. 1.
- ↑ "South African Rand-U.S. Dollar History: 2014". poundsterlinglive.com.
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