The insurance magnate was a close friend of Nelson Mandela, who he housed after the statesman's divorce in 1992.

South Africans on social media celebrated billionaire Douw Steyn's impact on the insurance industry after he died from a long illness at the age of 71.

Steyn leaves behind a lasting legacy in South Africa’s business and community landscape, including his groundbreaking contributions to the insurance industry

South African billionaire and founder of BGL Group, Douw Steyn, has died at the age of 72 after years of ill health. Known for revolutionising the insurance industry and creating the luxurious Steyn City development,

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Douw Steyn,

Douw Steyn, the insurance mogul responsible for the reimagining and revolutionising the insurance landscape, has died at the age of 72. In a statement, Giuseppe Plumari of Steyn City Properties, the luxurious 2000 acre estate in Johannesburg built in his name,