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  • Douw Steyn

    South African billionaire businessman

    Douw Gerbrand Steyn (born December 1952), is a South African billionaire businessman, the founder of BGL Group, a UK-based insurance and financial services company, and the parent of Comparethemarket.com.

    Steyn has links to South African politics, having housed former South African president Nelson Mandela at the Saxon Hotel, Villas & Spa.

    According to The Sunday Times Rich List in 2021, Steyn has an estimated net worth of £2.05 billion, an increase of £1.1 billion from 2020.[1]

    Early life

    Douw Gerbrand Steyn was born in December 1952.

    He went to school in Linden, Johannesburg.[2] He received a bachelor's degree in 1978 from Potchefstroom University for Christian Higher Education.[3][2]

    Career

    Steyn began his career as a quantity surveyor at Eskom Mega Watt Park.[3]

    Steyn founded BGL Group (which was founded as Budget Insurance Company in 1992), a UK-based insura