Claim: Co-founder of Sygnia, South African billionaire Magda Wierzycka grew up in a two bedroom home in Poland then she moved with her family to Austria to a refugee camp then moved to South Africa.
Evidence: She is the co-founder and CEO of Sygnia Ltd, a financial services company. Magdalena Franciszka "Magda" Wierzycka (born 1969 in Gliwice, Poland) is a South African billionaire businesswoman. Wierzycka grew up in Jastrzębie-Zdrój, Poland where she shared a 2 bedroom flat with her sister, brother, grandmother and parents who were medical doctors. With the gradual economic collapse of Poland due to political sanctions and the subsequent imposition of martial law, Wierzycka moved with her family in 1982 to Austria where they lived for a year in the Polish refugee camp at Traiskirchen. Her family moved to South Africa in 1983 when she was just thirteen years old, with only R500 in their bank account.