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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

ARC confident Kropz will overcome water, commissioning troubles

PATRICE Motsepe’s Johannesburg-listed financial services company, African Rainbow Capital (ARC), was confident commercial production at its 26%-owned Kropz, which owns the Elandsfontein phosphate mine, would begin once objections regarding the issue of ...
Posted: December 5, 2017, 11:28 am

Faces you won't see at this year's ANC conference

Atul Gupta is reported to have accumulated a R10-billion net worth, which toppled African Rainbow Minerals tycoon, Patrice Motsepe, whose riches amount to R9,5-billion. The whistleblower, former deputy Finance Minister Mcebisi Jonas revealed how Ajay ...
Posted: December 16, 2017, 2:35 am

No song or dance at Number 1's farewell gala dinner

A regular at Zuma’s table at similar events‚ mining mogul Patrice Motsepe‚ sat further away from Zuma - barely conversing with the president. Unlike his conduct at previous such occasions‚ Zuma did not offer any song or dance and occasionally posed ...
Posted: December 16, 2017, 2:57 am

African Rainbow Capital halves cash reserves after buying spree

African Rainbow Capital (ARC), the investment company founded by mining magnate Patrice Motsepe in 2016 said on Tuesday it had spent about half of the R4.2bn in cash it held when it listed on the JSE two months ago. ARC’s invested net asset value had ...
Posted: December 5, 2017, 2:35 am

Explainer: ANC Leadership Race – exact sequence unclear, but it’s likely that the opening session will happen first

At this swanky occasion will also be various businesspeople (Patrice Motsepe always gets to sit at the top table with Number One) and foreign diplomats from non-fraternal countries such as the United States and Europe in general. This dinner and the fairly ...
Posted: December 12, 2017, 9:45 pm
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