Paul Harris

by 24/09/2012 10:00:00 0 comments 4450 Views
Paul Harris

Net Worth: $250 Million, Source: Banking

Citizenship: South Africa , Age: 61

Paul Harris is one-third of the banking and finance triumvirate known as the three musketeers or the RMB rat pack. He joined Rand Consolidated Investments soon after it was cofounded by GT Ferreira and Laurie Dippenaar in 1977; it merged with Rand Merchant Bank (then run by Johann Rupert) in 1985. He became CEO of RMB in 1992, and in 1998 after the merger of RMB with First National Bank to form FirstRand, he was made CEO of FirstRand Bank, with Dippenaar as group CEO and Ferreira group chairman. Harris was the chief executive of the FirstRand group from 2005 to 2009. He was charged with setting up the Australian subsidiary Australian Gilt Securities in 1997, now RMB Australia. He is a director of Cricket SA and collects art extensively. He has turned Ellerman House in Cape Town's Atlantic suburbs into one of South Africa's most luxurious boutique hotels. He has recently begun lecturing on business at Stellenbosch University.