Douw Steyn, the founder of Auto & General Insurance and owner of the luxurious Saxon Hotel, Villas and Spa, is a testament to the power of hard work, determination, and innovative thinking. Born in 1952 in Johannesburg, South Africa, Steyn’s journey to success was far from easy.
Saxon Hotel, Villas and Spa (1992)
After Mandela’s departure, Steyn decided to convert his home into a luxury hotel, which he named Saxonworld. The hotel quickly gained a reputation as one of the finest in South Africa, attracting visitors from around the world. In 2000, Steyn expanded the hotel and rebranded it as the Saxon Hotel, Villas and Spa, a 5-star luxury hotel that showcases the best of African hospitality.
Steyn City (2015)
In 2015, Steyn invested R6 billion (approximately $400 million USD) in Steyn City, a luxurious residential and lifestyle development in Johannesburg. The development spans 2,000 acres and features luxury homes, a golf course, and a range of amenities. Steyn City is considered one of the most ambitious and successful property developments in South Africa.
Douw Steyn’s Personal Life
Today, Douw Steyn lives in Monaco, where he has resided for several years. Despite his international lifestyle, Steyn remains deeply committed to South Africa and continues to invest in the country’s future.
Philanthropy and Legacy
Steyn is also known for his philanthropic efforts, particularly in the area of education. He has donated millions to various charitable organizations and initiatives, aimed at improving education and economic opportunPhilanthropy and Legacy
ities for disadvantaged communities in South Africa.
In conclusion, Douw Steyn’s story is a testament to the power of entrepreneurial spirit, innovative thinking, and determination. From humble beginnings as a door-to-door insurance salesman to building a business empire, Steyn’s legacy continues to inspire and influence the lives of many. His investments in South Africa, including Steyn City, demonstrate his commitment to the country’s growth and development.
