Here’s What You Need To Know About The Richest Woman In South Africa


Wendy Appelbaum (Wendy Donna Appelbaum) is a South African entrepreneur who owns and is also the chairman of De Morgenzon Wine Estate in Stellenbosch with net worth of over R2.6 Billion.

In 2012 Forbes listed her as one of the 10 Female Millionaires to Watch in Africa

Wendy Appelbaum is a director of the Wits Donald Gordon Medical Centre (Pty) Limited, which is a post-graduate teaching hospital of the University of the Witwatersrand. She is also a trustee of the World Wide Fund for Nature South Africa.

Wendy Appelbaum Membership

  • Member of Global Philanthropists’ Circle
  • Member of International Women’s Forum
  • Member of Women Moving Millions
  • Trustee of The Donald Gordon Foundation
  • Trustee of The Helen Suzman Foundation
  • Trustee of The Children’s Haemophilia & Oncology Clinic (CHOC)
  • Trustee of The World Wide Fund for Nature South Africa
  • Trustee of Redhill School Trust
  • Director at The Wits Donald Gordon Medical Centre, a post-graduate teaching hospital
  • Director at Sphere Holdings, a black empowerment company focused on the financial services and mining sectors
  • Director at The Synergos Institute Southern Africa
  • Former director of Business Arts South Africa (BASA), a non-profit organization administering a government grant for Arts and Culture programs.

Things You Didn’t Know About Her

  1. Appelbaum’s first business venture was in 1994 with Wiphold, an investment company that empowered women from all walks of life.
  2. She is the only daughter of South African tycoon Donald Gordon.
  3. She is a trustee of The Tribune Trust, an investment holding trust, and a director of Victory Strategic Services (Pty) Limited.
  4. She has served as Deputy Chairman of Connection Group Holdings, an information technology firm and South Africa’s leading computer and technology retailer.
  5. She chairs De Morgenzon Estate, which is a wine farm and agricultural business in Stellenbosch, South Africa, and is a director of Sphere Holdings (Pty) Limited, a black empowerment company focused in the financial services and mining sectors.
  6. Wendy was also a director of Liberty Investors Limited, the previously listed holding company of the Liberty Group.
  7. In 2006, Wendy was named one of The Leading Women Entrepreneurs of the World, an organization that honours and promotes female entrepreneurial excellence.
  8. She was previously the Deputy Chairman of Women’s’ Investment Portfolio Limited (Wiphold Limited), the first women-controlled company to list on the Johannesburg Stock Exchange with the assets in excess of R 1billion.
  9. Wendy serves on the board of Synergos Southern Africa. She is also a member of the President of Harvard University’s Global Advisory Board, Harvard University’s Women’s Leadership Board, and the International Women’s Forum.



Written by How South Africa

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