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Michael Pimstein
Chairman at
ARAXI LIMITED
Net worth: 8 M $ as of 31/05/2026
Profile
Michael Reuven Pimstein currently works at Capital Wealth Advisors Ltd., as Co-Chief Executive Officer & Executive Director from 2015 and Capital Appreciation Ltd., as Executive Chairman from 2023.
Mr. Pimstein also formerly worked at Macsteel Service Centres SA (Pty) Ltd., as Co-Chief Executive Officer & Director from 1999 to 2013, Macsteel Holdings Pty Ltd., as Executive Director, Steel & Engineering Industries Federation of South Africa, as President, Southern African Stainless Steel Development Association, as President, and National Association of Steel Service Centres, as President.
Mr. Pimstein received his undergraduate degree from the University of the Witwatersrand.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
ARAXI LIMITED 5.1% | 31/03/2025 | 65,881,913 ( 5.1% ) | 8 M $ | 31/05/2026 |
Michael Pimstein active positions
| Companies | Position | Start |
|---|---|---|
| ARAXI LIMITED | Chairman | 30/03/2023 |
Capital Wealth Advisors Ltd.
 Capital Wealth Advisors Ltd. Investment ManagersFinance Provides investment advice | Chief Executive Officer | 03/03/2015 |
Former positions of Michael Pimstein
| Companies | Position | End |
|---|---|---|
Macsteel Service Centres SA (Pty) Ltd.
 Macsteel Service Centres SA (Pty) Ltd. SteelNon-Energy Minerals Manufactures and distributes steel products | Chief Executive Officer | 01/01/2013 |
National Association of Steel Service Centres | President | - |
Southern African Stainless Steel Development Association
 Southern African Stainless Steel Development Association Miscellaneous Commercial ServicesCommercial Services Operates as a stainless steel industry association | President | - |
Steel & Engineering Industries Federation of South Africa | President | - |
Macsteel Holdings Pty Ltd.
 Macsteel Holdings Pty Ltd. SteelNon-Energy Minerals Operates as a holding company with interests in processes, markets, distributes carbon and stainless steels | Director/Board Member | - |
Training of Michael Pimstein
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
13
1st degree connections
8
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 8 |
|---|---|
Macsteel Holdings Pty Ltd.
Macsteel Holdings Pty Ltd. SteelNon-Energy Minerals Operates as a holding company with interests in processes, markets, distributes carbon and stainless steels | Non-Energy Minerals |
Macsteel Service Centres SA (Pty) Ltd.
Macsteel Service Centres SA (Pty) Ltd. SteelNon-Energy Minerals Manufactures and distributes steel products | Non-Energy Minerals |
University of the Witwatersrand
 University of the Witwatersrand Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Steel & Engineering Industries Federation of South Africa | |
Capital Wealth Advisors Ltd.
Capital Wealth Advisors Ltd. Investment ManagersFinance Provides investment advice | Finance |
Capital Appreciation Ltd.
 Capital Appreciation Ltd. Financial ConglomeratesFinance Operates as a special purpose acquisition company | Finance |
Southern African Stainless Steel Development Association
Southern African Stainless Steel Development Association Miscellaneous Commercial ServicesCommercial Services Operates as a stainless steel industry association | Commercial Services |
National Association of Steel Service Centres |
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