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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

South African Billionaire Patrice Motsepe Joins Giving Pledge

South African billionaire and mining tycoon Patrice Motsepe has joined Bill Gates’ and Warren Buffett’s Giving Pledge by announcing that he will give away half the income generated from assets owned by his family to the Motsepe Family Foundation.
Posted: January 31, 2013, 8:52 am

DONE DEAL: Mamelodi Sundowns complete Sibusiso Vilakazi capture

Sundowns owner Patrice Motsepe had take over the negotiating process and met with top Wits officials to close the deal. The 26-year-old Vilakazi has been the most sought after player in the league for two season now but re-emphasised his quality in the ...
Posted: July 24, 2016, 3:06 am

Wits CEO Jose Ferreira meets Patrice Motsepe over Sibusiso Vilakazi

BidVest Wits have denied that a deal to sell attacking midfielder Sibusiso Vilakazi to Mamelodi Sundowns has been concluded. Speculation on Monday stated that the sale was complete‚ and that Zimbabwe striker Cuthbert Malajila and Botswana international ...
Posted: July 19, 2016, 9:32 pm

Patrice Motsepe launches new investment firm

Billionaire Patrice Motsepe, along with two former Sanlam veterans, have officially launched a new money management firm called African Rainbow Capital (ARC). Motsepe, who is chairperson of ARC, together with joint chief executive officers Dr Johan van Zyl ...
Posted: April 14, 2016, 11:15 pm

Gates, Buffett, can you hear me? Patrice Motsepe gives away half of family fortune

Sipho Hlongwane is a writer and columnist for Daily Maverick. His other work interests also include motoring, music and technology, for which he has some awards. In a previous life, he drove forklift trucks, hosted radio shows, waited tables, and was once ...
Posted: July 16, 2016, 7:02 am
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