BUSINESS MAVERICK: Quo vadis South Africa’s rhino rancher supreme?

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BUSINESS MAVERICK: Quo vadis South Africa’s rhino rancher supreme? By Ed StoddardEdStoddardZA

More than 1,700 white rhinos roam John Hume’s ranch in North West, which makes him the biggest private owner of the species by far. The global population of all five rhino species is about 25,000, so he owns about 7% of the rare creatures.

A real estate tycoon in a former life, Hume has one more major asset : the 6,600ha Mauricedale Nature Estate just south of the Kruger National Park. The man has a passion for the animals, but he is also a businessman who has long lobbied for the lifting of restrictions on international trade in rhino horn. At going black-market rates in Asia – where red-hot horn demand is driving the current wave of poaching – his stockpiled five tons could conceivably fetch $275-million.

 

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