South Africa’s five billionaires:
Valued $8 billion is Nicky Oppenheimer (and family). Over the previous year, the 75-year-wealth old’s increased by $600 million. He served as the deputy chairman of Anglo American, a business started by his grandfather, and the former chairman of the De Beers diamond mining corporation.
Johann Rupert (and family) is ranked 334 on the Forbes list and has a net worth of $7.6 billion. In the last year, Rupert’s net worth increased by $2.5 billion. This is true despite the pandemic’s significant impact on Richemont’s sales. Rupert (70) built the Richemont company in Switzerland from the Remgro group, which was started by his father Anton Rupert. Currently, the Richemont group owns companies including Cartier and Montblanc.
Number 1,000 on the list and owner of more than $3 billion in wealth is Patrice Motsepe-Motsepe. The 59-year-old former attorney’s wealth increased by $1.5 billion since April 2020, or doubling over the previous year. African Rainbow Minerals was started by Motsepe, the owner of Mamelodi Sundowns and the new head of the Confederation of African Football (CAF). A majority interest in TymeBank is owned by African Rainbow Capital Investments (ARC Investments), which he also founded.
Koos Bekker, who ranks 1,016 on the Forbes list, has a net worth of $3 billion. Last year, Bekker’s wealth increased by $1 billion.
Board chairman for Prosus and Naspers are Bekker, 68. He was a founding member of both the MTN Group and the pay-television company M-Net/MultiChoice.
Worth $1.2 billion is Michiel Le Roux. Le Roux, 71, hasn’t been on Forbes’ list of billionaires since 2019. Le Roux launched Capitec Bank in 2001 and, according to Forbes, he still has an 11% share in the company. In 2016, he stepped down as chairman, but he continues to serve on the board.
