South African bilionaire Patrice Motsepe has donated half of his $2.65 billion to charity. The beneficiary is the Motsepe Foundation, which was founded in 1999 by the billionaire and his wife, Precious.
///
(I decided quite some time ago to give at least half of the funds generated by our family assets to uplift poor and other disadvantaged and marginalised South Africans).
///
(I was also beneficiary of various people, black and white, in South Africa and in the US, who educated, trained, mentored and inspired me and whose faith and belief in me contributed to my success in my profession, business and elsewhere. The same can be said about my wife, Precious, and we are deeply indebted to them and many more).
///
(Most of our donations have been private, but the need and challenges are great, and we hope that our Giving Pledge will encourage others in South Africa and other emerging economies to give and make the world a better place).