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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

Don’t sweat the R-word, says Motsepe

The constant invocation of “radical economic transformation” shouldn’t worry businesspeople, said billionaire businessman Patrice Motsepe. “I don’t think we should worry too much,” he told an audience of businesspeople at the launch of his new ...
Posted: March 16, 2017, 9:51 am

Dr Precious Moloi-Motsepe celebrates a decade of fashion with AFI

Her husband, Patrice Motsepe, was visibly upset and walked towards the noisy revellers to ask for some silence, but he managed to only slightly calm the overzealous crowd. “[About] 70% of start-ups do not make it past the first year, and only a third of ...
Posted: March 26, 2017, 12:52 am

Motsepe's ARC enters into joint venture

Johannesburg - African Rainbow Capital (ARC), a company that was founded by prominent businessman Patrice Motsepe, has entered into a joint venture with the BuffetKLT Consortium that will focus on empowerment linked property transactions. African Rainbow ...
Posted: March 14, 2017, 11:00 pm

South Africa’s 10 greatest business people of all time

Other business people ranked include ‘legacy’ billionaires such as the late Anton Rupert and as well as the late Harry Oppenheimer – with self-made billionaire Patrice Motsepe also featuring. Pam Golding, founder of Pam Golding property group is the ...
Posted: March 15, 2017, 4:38 am

Impairments mask ARM’s strong performance

ARM, which is chaired by billionaire Patrice Motsepe whose family trust is a significant shareholder of the company, reported a R734m post-tax impairment of the Modikwa platinum mine and a R711m impairment of its Nkomati nickel operation. These impairments ...
Posted: March 16, 2017, 1:30 am
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