Lauritz Dippenaar
| Lauritz Dippenaar | |
|---|---|
| Born | 25 October 1948 |
| Residence | Johannesburg, South Africa |
| Nationality | South African |
| Alma mater | University of Pretoria |
| Occupation | Businessman |
| Known for | Dippenaar Scholarship |
| Net worth | $ 650 million [1] |
| Children | 3 |
Lauritz Laurie Dippenaar is a South African self made millionaire businessman,investor & banker who is the Chairman of FirstRand financial Group. He is also well known for his philanthropic activities and runs a scholarship programme through his generous endowments.[2]
Biography
Lauritz Dippenaar graduated from Pretoria University with a Master of Commerce, qualified as a Chartered Accountant with KPMG, and spent three years with the Industrial Development Corporation of South Africa. In 1977, Dippenaar founded FirstRand's predecessor, Rand Consolidated Investing along with Paul Harris and Gerrit Ferreira.He served as executive chairman of RMB from 1992 until the formation of FirstRand in 1998. He was appointed as the first chief executive of FirstRand and held this position until the end of 2005 when he was selected as a chairman for a non-executive role in 2008.
Philanthropy
He sponsors the Laurie Dippenaar Postgraduate Scholarship for International Study. The scholarship is awarded annually and is available to a South African citizen, for study outside South Africa in any discipline at the internationally recognized University of their choice for a Postgraduate degree. It has a value R350 000 ($37,000) per annum for a maximum of two years.
Personal life
Dippenaar is married with 3 children. His hobbies include watching rugby, Canoeing and cycling.