2017 Case Study
Meet the reclusive South African billionaire investor behind Nando’s
By Mareike Pietzsch – April 23, 2015
You know this tycoon is elusive when a quick Google Image search turns into a frantic 10-minute quest.
Few people know that billionaire Dick Enthoven is not only the owner of Spier and Hollard Insurance Company Ltd, but also of the South African Nando’s restaurant chain whose famous peri-peri chicken took the world by storm.
How did Nando’s start?
Enthoven got to know the founders Robbie Brozin and Nando Duarte in the 80s, and gave them a loan to expand their Nando’s chain in South Africa initially, and then internationally.
A family affair?
Nando’s is described as a “private family business” and the main backers and investors is the Enthoven family, providing capital
Read more … https://www.thesouthafrican.com/meet-the-reclusive-sa-tycoon-behind-nandos/ Downloaded on 23 October 2017