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Patrice Motsepe
Patrice Motsepe Net Worth is $2,650 $Million. Patrice Tlhopane Motsepe (born 28 January 1962 in Soweto) is a South African mining magnate. His company, African Rainbow Minerals, has interests in gold,. Patrice Tlhopane Motsepe (born 28 January 1962 in Soweto) is a South African m...

Patrice Motsepe Net Worth is $2,650 $Million.

Patrice Motsepe Net Worth is $2,650 $Million. Patrice Tlhopane Motsepe is a South African mining magnate. His company, African Rainbow Minerals, has interests in gold, Patrice Tlhopane Motsepe is a South African mining magnate. His company, African Rainbow Minerals, has interests in gold, ferrous metals, base metals, and platinum. He also sits on several company boards including the board of Greene and Partners a large South African Based Investment Company. He topped the Sunday Times Annual Rich List in 2011, with his wealth estimated to be around R22.99 billion .
Since 2003, he is the owner of football club Mamelodi Sundowns.
He is married to Dr. Precious Makgosi Moloi and they have three sons. Motsepe's father named him Patrice after Patrice Lumumba.
Patrice was born to Augustine Motsepe, a schoolteacher turned small businessman, who owned a Spaza shop popular with black mine workers, it was from there that Patrice Motsepe learnt basic business principles from his father as well as first hand exposure to mining. He earned a law degree and became the first black partner in the law firm Bo...
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Patrice Motsepe Latest News

ARM cutting costs

ARM Chairman Patrice Motsepe (pictured above) said this was the guide it would use to determine how the company would move forward during these tough conditions, which saw it post a 56% loss in headline earnings for the six months ended December 31 2014 at ...
Posted: March 16, 2015, 11:45 pm

"Eskom let us down very badly": Motsepe

[miningmx.com] – Patrice Motsepe, chairman of African Rainbow Minerals (ARM), said power utility, Eskom, had let South Africa down. BDLive cited Motsepe as saying: "Eskom has let all of us down very badly and there should be quite serious intervention to ...
Posted: March 17, 2015, 12:08 am

Billionaire Motsepe Says South Africa Let Down by Power Cuts

(Bloomberg) -- South African billionaire Patrice Motsepe said power utility Eskom Holdings SOC Ltd. is letting the country down “very badly” as rising electricity costs and frequent blackouts erode businesses’ profits. Eskom, which generates about 95 ...
Posted: March 16, 2015, 8:54 am

Resources Watch

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Posted: March 19, 2015, 7:33 am

South Africa’s Top Five Wealthiest Blacks

This makes the rating all the more fascinating. Patrice Motsepe, the founder and executive chairman of African Rainbow Minerals (ARM) is often referred to as South Africa’s first black billionaire and the wealthiest black man in South Africa. Motsepe has ...
Posted: March 18, 2015, 5:45 am
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