Michael Pimstein
Chairman at CAPITAL APPRECIATION LIMITED
Net worth: 4 M $ as of 2024-03-30
Profile
Michael Reuven Pimstein is currently the Co-Chief Executive Officer & Executive Director at Capital Wealth Advisors Ltd.
and the Executive Chairman at Capital Appreciation Ltd.
Previously, he held the position of Co-Chief Executive Officer & Director at Macsteel Service Centres SA (Pty) Ltd.
from 1999 to 2013.
He also served as an Executive Director at Macsteel Holdings Pty Ltd.
Additionally, he held leadership roles as President of the Steel & Engineering Industries Federation of South Africa, President of the Southern African Stainless Steel Development Association, and President of the National Association of Steel Service Centres.
Mr. Pimstein obtained his undergraduate degree from the University of the Witwatersrand.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2023-03-30 | 60,429,792 ( 4.61% ) | 4 M $ | 2024-03-30 |
Michael Pimstein active positions
| Companies | Position | Start |
|---|---|---|
| CAPITAL APPRECIATION LIMITED | Chairman | 2023-03-29 |
Capital Wealth Advisors Ltd.
 Capital Wealth Advisors Ltd. Investment ManagersFinance Capital Wealth Advisors Ltd. provide financial advisory services. Its financial services are cash management, investment planning, tax planning, college funding, charitable giving, risk management, retirement planning and estate conservation. The company was founded on December 3, 2014 and is headquartered in West Bend, WI. | Chief Executive Officer | 2015-03-02 |
Former positions of Michael Pimstein
| Companies | Position | End |
|---|---|---|
Macsteel Service Centres SA (Pty) Ltd.
 Macsteel Service Centres SA (Pty) Ltd. SteelNon-Energy Minerals Macsteel Service Centres SA (Pty) Ltd. engages in the manufacture and distribution of steel and valued added steel products. It operates through the Trading and Manufacturing business units. Its products include steel plates, sheets, tube and pipes, valves, steel fittings, and bright bars. The company was founded by Eric Samson in 2005 and is headquartered in Boksburg, South Africa. | Chief Executive Officer | 2012-12-31 |
| National Association of Steel Service Centres | President | - |
| Southern African Stainless Steel Development Association | President | - |
| Steel & Engineering Industries Federation of South Africa | President | - |
Macsteel Holdings Pty Ltd.
 Macsteel Holdings Pty Ltd. SteelNon-Energy Minerals Macsteel Holdings Pty Ltd. operates as a holding company with interests in processes, markets, distributes carbon and stainless steels. The firm also distributes carbon steel, general line and specialty products, as well as a range of stainless steel and aluminum flat rolled steel to customers in North America; and imports, processes, coats and distributes carbon steels and non ferrous metals. The company was founded in 1966 and is headquartered in Sandton, South Africa. | Director/Board Member | - |
Training of Michael Pimstein
| University of the Witwatersrand | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 1 |
|---|---|
| CAPITAL APPRECIATION LIMITED | Finance |
| Private companies | 6 |
|---|---|
Macsteel Holdings Pty Ltd.
Macsteel Holdings Pty Ltd. SteelNon-Energy Minerals Macsteel Holdings Pty Ltd. operates as a holding company with interests in processes, markets, distributes carbon and stainless steels. The firm also distributes carbon steel, general line and specialty products, as well as a range of stainless steel and aluminum flat rolled steel to customers in North America; and imports, processes, coats and distributes carbon steels and non ferrous metals. The company was founded in 1966 and is headquartered in Sandton, South Africa. | Non-Energy Minerals |
Macsteel Service Centres SA (Pty) Ltd.
Macsteel Service Centres SA (Pty) Ltd. SteelNon-Energy Minerals Macsteel Service Centres SA (Pty) Ltd. engages in the manufacture and distribution of steel and valued added steel products. It operates through the Trading and Manufacturing business units. Its products include steel plates, sheets, tube and pipes, valves, steel fittings, and bright bars. The company was founded by Eric Samson in 2005 and is headquartered in Boksburg, South Africa. | Non-Energy Minerals |
| Steel & Engineering Industries Federation of South Africa | |
Capital Wealth Advisors Ltd.
Capital Wealth Advisors Ltd. Investment ManagersFinance Capital Wealth Advisors Ltd. provide financial advisory services. Its financial services are cash management, investment planning, tax planning, college funding, charitable giving, risk management, retirement planning and estate conservation. The company was founded on December 3, 2014 and is headquartered in West Bend, WI. | Finance |
| Southern African Stainless Steel Development Association | |
| National Association of Steel Service Centres |
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