Dirk W. R. Hertzog

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Person.png Dirk W. R. Hertzog
Died 1991
Member of Le Cercle

Career

He was a lifelong business partner of Anton Rupert.

Dirk Hertzog was President of the Free Market Foundation until his death in 1991. He was also the Deputy Chair of Rembrandt.

"ANTON Rupert's study of world markets, as well as his own observations during the depression, convinced him that "tobacco and liquor had the best growth potential because I noticed during the depression of the 1930s that people didn't smoke less and, if anything, they probably drank more". ... In the initial years Rupert focused more on tobacco while Dirk Hertzog mostly attended to the liquor unit. Hertzog tended to keep a lower profile — it was better that way, he often told friends and relatives, as a team could only have one captain: "Anton is the masthead."[1]

"The [Michael] O'Dowd legend lives on in the memories of colleagues at Anglo American, where they would take turns researching obscure subjects to casually drop into conversations to see if they could find something on which he could not contribute authoritatively. They never did. ... For most of our history as one of Africa's leading independent think tanks he was our chairman (1978-2005). More than that, he was a father figure and mentor. He became head of the Free Market Foundation after he and Dirk Hertzog reconstituted the foundation with the support of Harry Oppenheimer and Anton Rupert 30 years ago to combat the interventionism that characterised the 1970s and caused SA's declining economic fortunes."[2]

"His brother, Jan, was a senior group executive, and though Rupert had reservations about bringing family members into firms, he later recruited his son, Johann. This allowed Edwin, the son of Rupert's original and lifelong business partner Dirk Hertzog, to join Rembrandt as well and build up the group's hospital interests."[3]

Deep politics

He attended le Cercle. He was a member of the 1001 Club since around the time of the founding.[4]  

Event Witnessed

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EventDate
Le Cercle/1984 (Capetown)12 January 1984 - 15 January 1984


References

  1. September 12, 2005, Africa News, 'South Africa; Building an Empire From Humble Beginnings: Anton Rupert'
  2. March 24, 2006, Africa News, 'South Africa; Extraordinary Man of Many Parts'
  3. January 27, 2006, Financial Mail (South Africa), 'Obituary - Anton Rupert.'
  4. https://isgp-studies.com/Le_Cercle_membership_list