Koos Bekker

About Koos Bekker

Birth Day: December 14, 1952
Birth Place: Cape Town, South Africa, South Africa
Birth Sign: Capricorn
Residence: Cape Town, South Africa
Alma mater: University of the Witwatersrand, South Africa
Occupation: Chair of Naspers
Spouse(s): Karen Roos
Children: 4

Koos Bekker Net Worth

Koos Bekker was bornon December 14, 1952 in Cape Town, South Africa, South Africa. Bekker is revered as an astute executive who transformed South African newspaper publisher Naspers into an ecommerce investor & cable TV powerhouse. He led Naspers to invest in Chinese Internet and media firm Tencent in 2001 -- by far the most profitable of the bets he made on companies elsewhere. Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. During his tenure as CEO, which began in 1997, Bekker oversaw a rise in the market capitalization of Naspers from about $600 million to $45 billion. During that time, he drew no salary, bonus, or benefits and was compensated via stock option grants that vested over time.
Koos Bekker is a member of Media & Entertainment

💰 Net worth: $2.5 Billion (Updated at 22 June 2018)

2014 $1.3 Billion
2015 $2.3 Billion
2016 $1.4 Billion
2017 $2.1 Billion
2018 $2.82 Billion

Some Koos Bekker images

Biography/Timeline

1952

Koos Bekker was born in Potchefstroom, South Africa on 14 December 1952. Bekker received his school education from Hoër Volkskool Heidelberg and completed degrees from Stellenbosch University in Law and Literature and Wits University in Law. During his studies in Stellenbosch he was a hostel boarder of Eendrag Manskoshuis.

1984

After a few years in advertising he read an MBA degree at Columbia Business School, graduating in 1984. As a result of a project paper, he, and a few young colleagues founded one of the first two pay television services outside the US. M-Net and its sister companies like Multichoice eventually expanded to 48 countries across Africa. In the 1990s, he was a founding Director of mobile communication company MTN. In 1997 Bekker became CEO of Naspers, one of the initial Investors in the M-Net/Multichoice group. Naspers bought out the other shareholders. During his tenure, the market capitalization of Naspers grew from about $1.2 billion to $45 billion. His compensation package was unusual in that for fifteen years as CEO he earned no salary, bonus or perks. He was compensated solely via stock option grants that vested over time.