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Billionaire Rupert Says Dutch Lottery Refunded for Rhino Failure

South African billionaire Johann Rupert, chairman of the Peace Parks Foundation, said the conservation group has returned about $2 million in funding from the Dutch Postcode Lottery after a method it backed to combat rhino poaching failed.

Founded by Rupert’s father, Anton, to establish trans-border conservation areas, the group benefited from a 14.4 million euro ($18.6 million) grant to protect rhinos from the lottery’s Dream Fund, according to the PPF website. The group has researched anti-poaching methods including the injection of toxins and dye into rhino horns.