Desmond Sacco
Born
Johannesburg, South Africa
NationalitySouth African
OccupationBusinessman

Desmond Sacco is a South African businessman. He serves as Chairman and Managing Director of Assore Limited (JSE: ASR).

Early life

Desmond Sacco was born in Johannesburg, South Africa.[1] His father, Guido Sacco, founded the Assore Group in 1928.[1][2][3][4] He received a Bachelor of Science in Geology from the University of South Africa, where he played cricket and hockey.[2][5][6]

Career

In 1968, Sacco joined the Assore Group, a public company traded on the Johannesburg Stock Exchange founded by his father four decades earlier.[2][6] He was appointed to its board of directors in 1974, and has served as its Chairman and Managing Director since 1992.[2][6] He also serves as Chairman of Assmang Limited.[5][7]

Sacco is a fellow of the Institute of Directors and the Geological Society of South Africa.[5][6]

Sacco was worth US$1.1 billion in 2018.[2]

Personal life

Sacco resides in his hometown of Johannesburg.[2] He is married, and has two children.[2]

References

  1. 1 2 Bruce Cairncross, The Mineral Collection of Desmond Sacco, Johannesburg, South Africa, Rocks & Minerals, Volume 87, Issue 5, 2012, pp. 410-417
  2. 1 2 3 4 5 6 7 "Desmond Sacco". Forbes. Retrieved 11 January 2018.
  3. ↑ Two maestros of manganese, Mining Weekly, April 7, 2000
  4. ↑ Jane Marais, The Billionaires are back, The Times, December 04, 2010
  5. 1 2 3 "Stocks". Bloomberg.com. Retrieved 11 January 2018.
  6. 1 2 3 4 "Board of directors | Assore". www.assore.com. Retrieved 11 January 2018.
  7. ↑ "Assmang Board of Directors". Archived from the original on 7 May 2014. Retrieved 23 April 2014.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.