·28 Jun 2025
The late Allan Gray was one of South Africa’s most prominent and wealthiest investors, but many may have never heard of the impact firm he founded, E Squared.
Gray is primarily known in South Africa for the investment company named after him—the largest private asset manager in the world—and other ventures like the Bermuda-based Orbis.
However, in addition to his keen interest in finance and wealth, Gray was also a prominent philanthropist.
He founded E Squared in 2007, which was set up as Allan Gray’s employment equity…
Gold Production: Once the largest gold producer in the world, South Africa still
holds significant reserves, although production has declined in recent years.
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Fun South African Fact: Some of the earliest evidence of human evolution has been unearthed at fossil sites northwest of Johannesburg in the Sterkfontein Caves! Archaeologists have discovered human remains here, some of which are more than 2 million years old! These discoveries have earned the area the title of “the Cradle of Humankind” which is now a UNESCO World Heritage Site.