Magda Wierzycka: Biography of Magda Wierzycka, Age, Husband, Career & Net Worth,<\/em><\/strong><\/span><\/p>\n

Magda Wierzycka (born 14 October 1969) is a South African businesswoman and anti-corruption activist of polish origin. She is a billionaire known to be the richest woman in South Africa.<\/strong><\/p>\n

She is the co-founder and Chief Executive Officer (CEO) of Sygnia Ltd, a Cape Town-based financial services company involved in asset management, stockbroking and administration services.<\/p>\n

<\/a><\/p>\n

Magda Wierzycka Age<\/h2>\n

She was born 14 October 1969 in Gliwice, Poland. Wierzycka is 51 years old as of 2020.<\/p>\n

<\/span>Magda Wierzycka Early Life<\/h2>\n

Wierzycka was born in Gliwice and grew up in Jastrz\u0119bie-Zdr\u00f3j, Poland. She lived with her parents, who were medical doctors, her grandmother and her siblings in a 2 bedroom flat.<\/p>\n

The collapse of the Polish economy forced her family to move to Austria in 1982 where they lived for a year in the Polish refugee camp at Traiskirchen. They eventually migrated to South Africa in 1983 and settled down in Sunnyside, Pretoria. Wierzycka was only 13 years old.<\/p>\n

She couldn\u2019t speak English and had to learn English and Afrikaans. She worked at a supermarket to make ends meet during high school before obtaining a bursary to study actuarial science.<\/p>\n

<\/span>Magda Wierzycka Education<\/h2>\n

She attended Pretoria High School for Girls. In 1993, she graduated from the\u00a0University of Cape Town with a Bachelor of Business Science and a Postgraduate Diploma in Actuarial Science.<\/p>\n

<\/span>Magda Wierzycka Husband<\/h2>\n

Wierzycka is married to Simon Peile. He co-founded Sygnia with her in 2016 and they collectively have roughly 30% ownership of Sygnia. They have two children together.<\/p>\n

<\/span>Magda Wierzycka Career<\/h2>\n

Wierzycka worked as a product development and investment actuary for Southern Life Association for Mutual Life and Accident Insurance in 1993. In 1997, she became a director and Head of Institutional Business at Coronation Fund Managers.<\/p>\n

In 2003, Magda was named CEO of the African Harvest Group. She co-founded Sygnia Ltd in 2006 and later became its CEO. The company\u2019s assets increased from R2 billion to R162 billion during her tenure, making it South Africa\u2019s second largest multi-management company.<\/p>\n

In October 2015, Sygnia Limited was listed on the Johannesburg Stock Exchange (JSE.)<\/p>\n

In March 2021, Wierzycka announced that she is down as co-CEO of Sygnia as she focuses on pursuing overseas opportunities and developing her own investment vehicle.<\/p>\n

From June 2021, David Hufton, who was appointed deputy CEO in 2018 before joining Wierzycka at the helm of Sygnia last year, will take over as sole CEO.<\/p>\n

<\/span>Magda Wierzycka Net Worth<\/h2>\n

Wierzycka\u2019s estimated net worth in 2018 was R1.108 billion. The billionaire business woman reportedly earns an annual salary of R3.339 million.<\/p>\n

<\/span>Twitter<\/h2>\n

Tweets by Magda_Wierzycka<\/a><\/p>\n