Make Money Mondays

Absa Chairperson Wendy Lucas-Bull opens up about money

It [her household growing up] wasn’t flush… We didn’t get pocket money, ever. My parents were very frugal… extravagances were not something we were brought up with at all… We didn’t want for anything…

Wendy Lucas-Bull

What has worked well for me is investments in property…

Wendy Lucas-Bull

A car for me is something you drive… It doesn’t have to be fancy… Mine is 14 years old!

Wendy Lucas-Bull

Every week The Money Show’s Bruce Whitfield interviews a famous person about her or his attitude to money (hopes and fears, successes and failures, etc.) as part of his weekly “Make Money Mondays, Personal Edition” feature.

This week Whitfield interviewed Barclays Africa Chairperson Wendy Lucas-Bull.

Lucas-Bull has been Barclays Africa Chairperson since 2013.

She is also Chairperson of Absa Bank and Absa Financial Services.

Last month Lucas-Bull was famously called a "bully" by the ANC Women’s League for suggesting the organisation should stop commenting about the Bankorp bail-out issue on social media.

  • What does Lucas-Bull believe about money?

  • Does it keep her up at night?

  • Does she spend like crazy, or save compulsively?

  • How did her childhood experiences of deprivation, or abundance, shape her views on money?

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

I was a teller at the United building society [when asked about her first job]…

Wendy Lucas-Bull

I’m happy to use advisors…

Wendy Lucas-Bull

I haven’t actually had a single blowout that’s caused a major problem. I think it comes from having a balanced portfolio… I’m very boring…

Wendy Lucas-Bull

I bought a really good pair of binoculars…

Wendy Lucas-Bull

I don’t get scared off by much.

Wendy Lucas-Bull

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
RMB and a paediatric surgeon from Baragwanath came together to save little lives

RMB and a paediatric surgeon from Baragwanath came together to save little lives

Ray White interviews Prof Jerome Loveland (Paediatric Surgery at Wits and Baragwanath) and Gareth Armstrong (Rand Merchant Bank).

Lesetja Kganyago – the world’s best central banker - opens up about his money

Lesetja Kganyago – the world’s best central banker - opens up about his money

The Money Show’s Bruce Whitfield interviews Kganyago about his attitude to money (hopes and fears, successes and failures, etc.).

'I’m very conscious about how I spend. I don’t buy fancy cars. I buy bargains'

'I’m very conscious about how I spend. I don’t buy fancy cars. I buy bargains'

Bruce Whitfield interviews Sipho Hotstix Mabuse about his attitude toward money (hopes and fears, successes and failures, etc.).

'The universe is an extremely high-risk investment by the Creator'

'The universe is an extremely high-risk investment by the Creator'

Bruce Whitfield interviews Professor David Block about his attitude toward money (hopes and fears, successes and failures, etc.).

10 most-read profile interviews on The Money Show in 2018

10 most-read profile interviews on The Money Show in 2018

The year’s best interviews of South Africa and the world’s most famous (and infamous) movers and shakers.

Gift of the Givers' Dr Imtiaz Sooliman – angel amongst men – talks about money

Gift of the Givers' Dr Imtiaz Sooliman – angel amongst men – talks about money

"I have no desire for clothes. I have no desire for holidays. I have no desire for outings. All I see is the suffering of people…"

Popular articles
Africa State of Mind: 'My dream is to be global' -  Sho Madjozi

Africa State of Mind: 'My dream is to be global' - Sho Madjozi

In this episode of Africa State of Mind, Lee Kasumba chats to South African rapper Sho Madjozi about her upbringing, and rise to fame.

'Love your vulva the way it is' - Designer vaginas are dangerous, warns Dr Eve

'Love your vulva the way it is' - Designer vaginas are dangerous, warns Dr Eve

So-called 'designer vaginas' are created through various surgical or non-surgical procedures, explains clinical sexologist Dr Eve.

'Shutdown of Ndalo Media is no surprise and is a blow to media diversity'

'Shutdown of Ndalo Media is no surprise and is a blow to media diversity'

The company will reportedly shut its doors in January 2019.

'Cyril is the most popular president since Nelson Mandela'

'Cyril is the most popular president since Nelson Mandela'

Author Max de Preez weighs in on where SA would be if Jacob Zuma was still president and the impact of Ramaphosa now.

Kidnapping for ransom on the rise in Gauteng

Kidnapping for ransom on the rise in Gauteng

Gauteng MEC for Community Safety Sizakele Nkosi-Malobane says kidnapers are out to get a ransom from desperate parents.

[WATCH] Internet search for talented singer Nosipho is over...she's been found!

[WATCH] Internet search for talented singer Nosipho is over...she's been found!

Khabazela shares tweets and Facebook posts that have gone viral.

'Evidence is solid. Poor people’s money was used illegally. Shivambu benefitted'

'Evidence is solid. Poor people’s money was used illegally. Shivambu benefitted'

Ray White interviews Pauli van Wyk, an investigative journalist with Scorpio at Daily Maverick.

[WATCH] Hilarious little girl tells mom that she needs a boyfriend

[WATCH] Hilarious little girl tells mom that she needs a boyfriend

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.

'I thought he was going to rape me' - Ellen Pakkies on killing drug addict son

'I thought he was going to rape me' - Ellen Pakkies on killing drug addict son

'Ellen' The Ellen Pakkies Story, premiers in cinemas on Friday.