Business · South Africa
Springbok Star Fourie du Preez Now Invests in Tech and Cars
MyBroadband Business · 2025/12/09
Summary
Fourie du Preez, a celebrated former Springbok rugby player and World Cup winner, has transitioned from sports into finance. Since 2016, he has been working full-time at Fledge Capital, a private equity firm. Fledge Capital invests in various sectors, including cellular towers and the popular online car buying company WeBuyCars. This move showcases how professional athletes can successfully shift to business careers after sports. Du Preez's involvement in investments related to infrastructure and digital platforms highlights opportunities in growing industries within South Africa. The cellular tower sector supports better mobile connectivity, which is vital for daily communication and business activities. Meanwhile, WeBuyCars offers an easy way for consumers to buy and sell vehicles, showing how digital innovation is changing traditional markets. Du Preez's new career path may inspire South Africans to explore diverse business opportunities and consider private equity as a way to grow wealth beyond conventional jobs.
OnABudget takeaway: This shows the growing importance of investments in technology and infrastructure in South Africa, which can create new business and job opportunities. For small business owners and investors, focusing on innovative sectors like digital platforms and mobile networks could offer promising growth.