Home Lifestyle Top Five Richest Men In South Africa, Motsepe Is No.3

Top Five Richest Men In South Africa, Motsepe Is No.3

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Here is a list of the wealthiest men in South Africa, whose country boasts one of the fastest-growing economies in Africa and hence is home to some of the continent’s wealthiest individuals.

Find out who the wealthiest people in South Africa are with FinGlobal.

Michiel le Roux ranks fifth on the list of South Africa’s wealthiest people, with a personal fortune of $1.7 billion. This is an increase of more than $0.5 billion from Roux’s fortune of $1.2 billion in 2021.

Fourth, Koos Bekker, a business genius, has suffered a fall in fortune of about -$0.3 billion, from an estimated $2.8 billion to $2.5 billion between this year and previous year.

Third on the list is Patrice Motsepe, who is the first black South African to do so, with a net worth of $2.8 billion as of January 2021.

He has made a fortune in the mining industry and is the president of the Confederation of African Football (CAF), which governs all aspects of football in Africa. He is also the owner of the highly successful local club Mamelodi Sundowns.

Next in line is Nicky Oppenheimer, who at $8.0 billion in wealth is the second-wealthiest person in the country after the current leader, Warren Buffett.

ABTC’s List of South Africa’s Top 10 Wealthiest

First, Johann Rupert, who at $11 billion in wealth has increased by more than $3 billion in the past year to maintain his position as the country’s wealthiest individual.

To name just a few of his enterprises, he deals in luxury goods and high-end automobiles.

Can you name some more local males who are either successful businessmen or aspiring businessmen who you think could be in this group within the next five years? The comment area awaits your insightful comments.

Source: businesstech.co.za