Imtiaz Sooliman was honoured at the end of the 10th annual Global Residence and Citizenship Conference in London Friday.
The award consists a specially-made commemorative medal, an award certificate signed by the president of the independent Award Committee and a USD 50,000 monetary prize, of which USD 25,000 is donated to the UN High Commissioner for Refugees.
Commenting on his return to South Africa, he dedicated it to the work being done by NGO's across the African continent.
Speaking for the organisers, Christian Kalin, said the Global Citizen Award is given each year to an inspirational individual who has made an extraordinary contribution towards improving the global community.
"Sooliman is certainly a worthy recipient of the award as his work is innovative and visionary. He has demonstrated extraordinary courage and commitment, and the work of his foundation has had a significant impact on the lives of the most vulnerable in our global community," Kalin said.
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