They're rolling in it

2013-03-03 10:00

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Oscar Pistorius grew up in a family with a multimillion-rand business empire.

It has with interests in mining, tourism and property development, as well as other investments.

His 95-year-old grandfather Hendrik is still involved in the family business, whose vast holdings encompass about 90 active companies, including a private game reserve with breeding programmes for sable antelope and buffalo, a ski lodge in Austria, a mine in Limpopo, and residential and leisure property developments.

Since Pistorius’ arrest for the alleged murder of his girlfriend Reeva Steenkamp on February 14, the family has spared no expense hiring the best lawyers and reputation managers around.

According to company records, the lion’s share of the family businesses belong to Pistorius’ three uncles, Theo (67), Arnold (62) and Leo (51).

Over the years, the three brothers and their father have been involved in about 107 companies.

At the head of the family of entrepreneurs is grandfather Hendrik, who founded an agricultural limestone supply company, H Pistorius en Kie, in 1944. Oscar’s father, Henke, and his uncles Theo and Leo were also involved in lime-related companies.

On its website, the company boasts that it is the oldest supplier of agricultural lime in Africa, and one of the largest in South Africa. Hendrik remains the company chairperson.

Deeds office records also show that another family firm, Omay Beleggings, owns a farm near Mokopane in Limpopo, which is valued by the municipality at R3.3 million, with a limestone mine. Pistorius’ uncle Leo is also a former director in a number of mining-related companies.

Both Leo and Theo have interests in businesses in Mozambique.

Leo has a stake in a company that runs a beach lodge near Inhambane, and Theo owns three companies there that market and develop coastal properties, as well as a resort.

Theo has other interests in transport businesses and armoured vehicle dealerships.

He is also a director of three big-game hunting companies and an air charter company.

Company records also show seven properties in Annlin, Pretoria, and a liquor store in Lephalale, Limpopo.

Pistorius’ uncle Arnold, the family spokesperson since Steenkamp’s shooting, is a director of property development and management company Twin City, which develops and rents commercial properties, and owns several shopping malls.

Twin City also runs several tourism resorts, among them a private game reserve near the Kruger National Park, and two luxury lodges and holiday flats in the Austrian ski resort town of Hochkrimml.

Of the four Pistorius brothers, Oscar’s father Henke has the fewest business interests.

Of the 10 companies he was involved in over the years, one went into voluntary liquidation and seven are dormant.

The Pistorius family would not comment on a request for clarification and confirmation of the scope and nature of their business interests.

Family spokesperson Lunice Johnston, from Vuma Reputation Management, said: “The family’s business interests are considered a private matter, which have no relevance to the very sad situation. Although we understand your motive for the article, it is really not applicable to focus on the family.

“They are still mourning and it would be insensitive towards the Steenkamp and Pistorius families if (this) should be discussed in the media.”

The Pistorius dynasty

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