Desmond Sacco is the Chairman and Managing Director of Assore Group, a South African mining firm.
The company mines iron ore, manganese, and other ores.
His father, Guido, established the firm in 1928, and Desmond joined the company in 1968.
Desmond Sacco. Photo: @BlueBizAfricaSource: Twitter
Ramaphosas company, Shanduka, joined Assores Black Economic Empowerment partner in 2005.
Ramaphosa owns around 5 million shares of Asorre by the time he was running for South Africas presidential seat.
Desmond Sacco age will be 80 years when 2020 comes to an end.
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Guido Sacco, an Italian, moved to South Africa in 1926 and discovered the minerals in thecountry.
He played a critical role in the establishment and growth of the Kalahari Manganese Field.
He also played cricket and hockey during his college years.
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He has been the Chairman and Managing Director since 1992.
Desmond Sacco wife has two children with him.
Justine Sacco, a high-profile Public Relations executive, called South Africa her fathers land in a 2013 tweet.
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Millions of Twitter users were curious to know if she was related to the South African mining billionaire Desmond.
Justine is not related to Desmond in any way.
The billionaire has asister named Sally, and Desmond Sacco sons are Patrick and Nick.
They were in their thirties in 2013.
He also has several grandchildren.
Desmond Sacco contact details
The billionaire rarely accepts media interviews, and his mobile number is top-secret.
However, you cancontact him through his company.
According to Forbes, Desmond Sacco net worth in 2018 was around $1.1 Billion.
Ginimbi is no new name in Africa.
The famous Harare businessman has been making headlines for various reasons for the better part of his years.
His wealth, flashy lifestyle, and flamboyant cars have seen him become an interest to many people.
She graduated from the University of Nairobi with a degree in Mass Communication in December 2014.
In 2023, Ruth finished the AFP course on Digital Investigation Techniques.
She has worked for Briefly.co.za for five years now.
She specializes in topics like lifestyle, entertainment, travel, technology, and sports.
Email: gitongaruth14@gmail.com.
