According to Forbes, the billionaire in South Africa is Patrice Motsepe. Motsepe is the founder and chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum. He also sits on the board of directors of several companies, including Sanlam and Absa Group. In addition to his business interests, Motsepe is also a philanthropist and has been active in supporting various charitable organizations.
Who is the billionaire in South Africa?
South Africa is home to a number of billionaires, but the richest person in the country is Patrice Motsepe. Motsepe is a mining magnate who founded African Rainbow Minerals. He has an estimated net worth of $2.3 billion.
Motsepe was born in South Africa in 1962. He started out as a lawyer before moving into the mining industry. He was one of the first black partners at a major law firm in the country. Motsepe then founded African Rainbow Minerals in 1994. The company is now one of the largest mining companies in South Africa.
Motsepe has also been involved in a number of philanthropic endeavours. He is the founder of the Motsepe Foundation
The richest people in south africa
South Africa is home to a number of billionaires, including mining magnate Patrice Motsepe, who is the country’s richest man. Motsepe’s fortune is estimated at $2.3 billion, and he is followed by fellow mining tycoon Cyril Ramaphosa, whose net worth is $2.2 billion.
Other billionaires in South Africa include retail magnate Christo Wiese ($1.9 billion), media mogul Stephen Saad ($1.7 billion) and software engineer Hasso Plattner ($1.6 billion). These five men are among the richest in Africa as a whole, and their combined fortunes total over $10 billion.
