Image: Getty Images/Luke Walker
millionaire johan rupert has recapitalized ate lamb project through Reinet Foundation And RemgroHelping to expand a land reform initiative that has transferred 24,000 property title deeds to disenfranchised South Africans since 2013, the report said.
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Johann Rupert gave houses to South Africans
run by Free Market Foundation (FMF), Khaya Lam converted apartheid-era municipal leasehold properties into freehold ownership at no cost to residents, giving families the opportunity to build legal rights over their homes and generational wealth, daily investor Informed.
Between 2018 and 2024, the Reinet Foundation and Remgro each donated R25 million, funding more than 18,000 title deed transfers. FMF said Rupert's latest financial support will enable the program to continue assisting thousands of South Africans.
Johan Rupert has recapitalized FMF's Khaya Laem land reform project, which has helped thousands of disadvantaged South Africans gain access to land and housing.
The project has already completed over 24,000 title deed transfers.https://t.co/48AX8zMYon
– Free Market Foundation (@FMFSouthAfrica) 2 July 2026
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FMF CEO david ansara Khaya Lam chief says secure property rights are essential to reduce poverty and promote dignity terry markman Highlights the case of a 106-year-old woman who recently received the title deed to her home after decades without legal ownership.
The report quoted Ansara as saying, “The Khaya Lam Project seeks to ensure that all South Africans, regardless of race or income level, invest in a policy environment where private property rights are protected from state interference.”
“Insecure tenure has historically been one of the main causes and drivers of the immense poverty that our society suffers from. There is no question of dignity when the place you live in is not securely yours.”
according to south africanRupert's net worth fluctuates with market performance, but Bloomberg's Billionaires Index currently estimates his fortune at around $20 billion following a recent surge in Richemont's share price, cementing his position as South Africa's richest resident.
Originally published by african insider.
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