Sunday Tribune

Rugby in the DNA of the Sharks’ new US investor

HE’S an undisputed king on Wall Street, a partner in a leading US law firm, has rugby embedded in his DNA and although New York has been his home for a while now, all things South African remains dear to him.

So it was inevitable that Marco Masotti, 52, who was raised in Amanzimtoti and moved to the US to further his legal career in the 1990s, would leap at an opportunity to make a multimillion-dollar investment in his country of birth.

That the outlay centred on rugby and his beloved Sharks made the deal even sweeter.

Earlier this month, the MVM Holdings consortium, which has Masotti at the helm, bought the controlling interest (51%) in

You’re reading a preview, subscribe to read more.

More from Sunday Tribune

Sunday Tribune3 min read
Landowner Prepares To Tear Down Illegally Built Houses
HOUSES of 70 supposedly “wealthy” homeowners built on illegally acquired land in an upmarket Pietermaritzburg neighbourhood face imminent demolition as the invaders refused to pay the property owner’s asking price. Jagath Singh, 75, the owner of Leli
Sunday Tribune3 min read
Funny Old World
From a man who really makes his own beer, to the Japanese bears given paws for thought ... a round-up of offbeat stories from around the world. Hippo that was really a she-ppo: It's never a good idea to get up close and personal with a hippo. Which i
Sunday Tribune2 min read
Search
A KwaZulu-Natal Midlands family are appealing to the public to assist them in finding their father, who disappeared more than two months ago. Dayalan (Daya) Govender, 69, was last seen on February 15 when he left his home in Trust Feed Village, Wartb

Related Books & Audiobooks