Desmond Sacco

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 the Witwatersrand, where he played cricket and hockey.^[2][5][6]

In 1968, Sacco 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]

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

Sacco was worth US$1.1 billion in 2018.^[2]

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