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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

Billionaire Motsepe Said to Eye More Than 3 Billion Rand in IPO

African Rainbow Capital Ltd., a South African financial-services firm started by Patrice Motsepe, the richest black South African, plans to raise more than 3 billion rand ($234 million) in an initial public offering of its investment-holding unit ...
Posted: June 15, 2017, 12:56 am

Motsepe’s ARC to list in the JSE

SA billionaire Patrice Motsepe is hoping to raise R3 billion through the listing of African Rainbow Capital (ARC) on the Johannesburg Stock Exchange (JSE) in the next three months According to a Bloomberg report, plans are afoot to list Motsepe’s ...
Posted: June 19, 2017, 7:07 am

Check Out Top 10 Black Billionaire In The Word And The 3 Nigerians Who Made The List

After making a fortune in mining through his African Rainbow Minerals, South Africa's first black billionaire, Patrice Motsepe, is now reinvesting via private equity. In the last year, his new investment company, African Rainbow Capital, has made a series ...
Posted: June 12, 2017, 12:54 pm

Pitso & Komphela Amongst The Longest Serving Coaches In The PSL

Four and a half years later and he has added every trophy possible to the club’s cabinet, which is undoubtedly behind Patrice Motsepe’s decision to keep him at the club. The next coach in line is Gavin Hunt, who has been in charge at Bidvest Wits four ...
Posted: June 25, 2017, 3:51 am

Patrice Motsepe to raise more than R3 billion

Johannesburg - African Rainbow Capital, a South African financial-services firm started by Patrice Motsepe, the richest black South African, plans to raise more than 3 billion rand ($234 million) in an initial public offering of its investment-holding unit ...
Posted: June 16, 2017, 12:00 am
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