Friday, 26 April 2024

Allan W.B. Gray, Founder, Allan Gray Investment Management and Orbis Investment Management

South Africa

Champion's Profile

Net Worth: $1.82 billion Allan WB Gray is a South African business magnate, investor and philanthropist. He has built a successful career career around finding and investing in companies which are priced well below his assessment of their intrinsic value. With a bacherlors degree in accounting from Rhodes and a Masters from Harvard Business School. In 2007 he established the Allan Gray Foundation with a US $130 million endowment to fund bursaries and scholarships for talented South African high school students. This was the largest single recorded donation to a charity in South Africa at the time.

UNDP SDG

Education

Description and impact

The Allan Gray Orbis Foundation invests in the education and development of individuals with entrepreneurial potential within Southern Africa. The project sponsors thousands of scholarship, mentors and job positions to develop entrepreneurship environments. Through the foundation, he donated $150 million to South African high school