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Paul van Zuydam, 87, became South Africa’s oldest billionaire after reviving Le Creuset, now worth $1.7B.
Paul van Zuydam, 87, has become a billionaire with a $1.7 billion net worth, making him South Africa’s eighth-richest person and the oldest billionaire in the country, according to Forbes’ real-time list.
He owns Le Creuset, which he revived after acquiring it in 1988 during financial distress.
Under his leadership, the brand expanded globally, maintained premium craftsmanship, and achieved over $850 million in annual revenue while remaining debt-free since 2001.
His rise highlights a shift in South Africa’s wealth toward global branding and lifestyle products.
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Paul van Zuydam, de 87 años, se convirtió en el multimillonario más viejo de Sudáfrica después de revivir Le Creuset, ahora con un valor de $1.7B.