Rob Hersov is a prominent South African entrepreneur, investor, and public speaker with a notable influence in the business and socio-political spheres of South Africa.
As of January 2024, Hersov’s net worth is estimated at R19.1 billion, and he reportedly earns around R79.5 million per month.
His wealth stems from a diverse range of investments and business ventures, including media groups, luxury brands, the stock market, manufacturing firms, and mining operations.
Hersov’s career began after completing his MBA at Harvard, with early roles at Goldman Sachs and as an assistant to US media mogul Rupert Murdoch.
Despite his affluent family background, Hersov has carved out his own success in the business world, significantly impacting South Africa’s economy and holding a substantial influence over various industries.
Rob Hersov Net Worth
Rob Hersov has an estimated net worth of R19.1 billion as of 2024. His wealth is amassed from diverse income streams, including investments in media groups, luxury brands, the stock market, manufacturing firms, and mining operations.
Hersov’s businesses, such as Marquis Jet Europe, African Gold Acquisition Corporation, and Invest Africa, have significantly contributed to his financial portfolio.
His monthly income is estimated at R79.5 million, highlighting his status as one of South Africa’s wealthiest individuals and a prominent figure in the business world.
Rob Hersov Bio
| Full name | Robert Hersov |
| Gender | Male |
| Date of birth | October 1960 |
| Age | 62 years (as of July 2023) |
| Zodiac sign | Libra |
| Place of birth | Johannesburg, Gauteng, South Africa |
| Current residence | Cape Town, Western Cape, South Africa |
| Nationality | South African |
| Ethnicity | White |
| Religion | Christianity |
| Sexuality | Straight |
| Hair colour | Blonde |
| Eye colour | Blue |
| Father | Basil Hersov |
| Marital status | Married |
| Partner | Katie James Hersov |
| University | Harvard Business School, University of Cape Town |
| Profession | Entrepreneur, senior executive, and private investor |
| Net worth | R19.1 billion |
Rob Hersov Businesses and How He Makes Money
1. Marquis Jet Europe
Marquis Jet Europe was founded by Rob Hersov in 1998, focusing on providing short-term private jet utilization. This innovative business model involved selling cards that guaranteed 25 hours of flying time on a variety of aircraft.
This approach democratized access to private jet travel, appealing to corporate and individual clients who needed flexible, on-demand flight services without the commitment of full jet ownership.
The success of Marquis Jet Europe attracted significant attention, leading to its acquisition by Berkshire Hathaway’s NetJets in 2004, a move that not only solidified Hersov’s reputation in the aviation industry but also contributed substantially to his wealth.
2. African Gold Acquisition Corporation (AGAC)
The African Gold Acquisition Corporation operates as a blank check company, a unique business model that involves raising capital through an initial public offering (IPO) with the intent to acquire an existing company.
Registered in the Cayman Islands and listed on the New York Stock Exchange, AGAC focuses specifically on mergers, capital stock exchanges, asset acquisitions, stock purchases, and reorganizations within the business and asset spectrum.
This strategic positioning in the market allows Hersov to leverage opportunities in mergers and acquisitions, capitalizing on the lucrative gold mining and related sectors, thereby enhancing his wealth through strategic investments and growth opportunities.
3. YachtPlus
YachtPlus offers an innovative approach to luxury yachting by providing fractional ownership of superyachts. This model allows clients to own a 1/8th equity share in a luxury yacht, granting them flexible access while sharing maintenance and crew costs with other owners.
This business taps into the luxury market, attracting high-net-worth individuals seeking the prestige and pleasure of yacht ownership without the full financial and operational burden.
YachtPlus capitalizes on the growing trend of shared ownership in luxury assets, creating a lucrative income stream for Hersov by combining high-end service with cost-sharing efficiencies.
4. The Sapinda Group
The Sapinda Group is a global investment firm that Hersov is involved with, focusing on capital markets and corporate holdings.
The firm’s strategy involves taking controlling positions in companies with significant growth potential, such as Ichor Coal N.V., active in South Africa and Asia, and Amatheon Agri Holding N.V., which focuses on agricultural activities and land in Africa.
5. Invest Africa
Invest Africa, founded by Hersov in 2013, is a network aimed at facilitating investment in Africa. It connects private and institutional investors, funds, high-net-worth individuals (HNWIs), and investment opportunities across the continent.
This platform serves as a bridge between capital and opportunities, enabling growth and development in various sectors.
Invest Africa leverages Hersov’s extensive network and reputation, drawing in significant investments and partnerships, thereby generating income through membership fees, investment returns, and consultancy services, all of which contribute to Hersov’s financial portfolio.
6. Adoreum Partners
Adoreum Partners operates as a specialized global business development firm based in the United Kingdom.
With a focus on connecting corporate members, CEOs, investors, business leaders, entrepreneurs, philanthropists, and influencers, Adoreum facilitates high-level networking and business opportunities.
The firm’s revenue model includes consultancy fees, event organization, and the facilitation of high-value business deals.
Through Adoreum, Hersov taps into the lucrative market of business development and networking, generating income by leveraging his extensive connections and expertise in fostering strategic partnerships and growth opportunities.
7. Sportal
Sportal is an online sports network founded by Hersov, which manages websites for major football clubs like AC Milan, Bayern Munich, Juventus, and Sporting Lisbon.
This platform provides fans with news, match updates, and exclusive content directly from their favourite clubs.
The revenue model for Sportal includes advertising, sponsorship deals, and content syndication, capitalizing on the global popularity of football and the clubs it partners with.
Through Sportal, Hersov has created a niche in the digital sports media landscape, generating income by engaging a vast audience of sports enthusiasts and leveraging commercial opportunities in sports media and entertainment.