Desmond Sacco

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Desmond Sacco
Born Johannesburg, South Africa
Residence Johannesburg, South Africa
Nationality South African
Occupation Businessman

Desmond Sacco is a South African businessman. He serves as Chairman and Managing Director of Assore Limited (JSE: ASR).


Early life[edit]

Desmond Sacco was born in Johannesburg, South Africa.[1] His father, Guido Sacco, founded the Assore Group in 1928.[1][2][3][4] He received a Bachelor of Science in Geology from the University of South Africa, where he played cricket and hockey.[2][5][6]


In 1968, he joined the Assore Group, a public company traded on the Johannesburg Stock Exchange founded by his father four decades earlier.[2][6] He was appointed to its Board of Directors in 1974, and has served as its Chairman and Managing Director since 1992.[2][6] He also serves as Chairman of Assmang Limited.[5][7]

He is a fellow of the Institute of Directors and the Geological Society of South Africa.[5][6]

He is worth US$1.4 billion.[2][4]

Personal life[edit]

He resides in his hometown of Johannesburg.[2] He is married, and has two children.[2]