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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 Pays $1 Million For Picasso Drawing

South African mining tycoon Patrice Motsepe paid $1 million for a Picasso drawing during a charity gala in France on Wednesday. According to South Africa’s Independent Online, Motsepe, who is South Africa’s first black billionaire with a fortune FORBES ...
Posted: July 26, 2014, 6:48 am

Lubambe Mine output soars to 8, 000 tonnes

African Rainbow Minerals (ARM) executive chairperson Patrice Motsepe said in the full mining year ended June 30, 2014, Lubambe produced 23, 791 tonnes of copper compared to 14, 871 tonnes of the metal produced during the same period of 2013. Mr Motsepe ...
Posted: September 11, 2014, 10:05 am

African Rainbow profit rises despite iron ore slump

A weaker rand has help profits at Patrice Motsepe's mining company rise despite a fall in iron ore prices. African Rainbow Mineral, controlled by billionaire Patrice Motsepe,has a diversified portfolio positioning it well to participate in both emerging ...
Posted: September 4, 2014, 4:27 am

Joburg – Gateway to Africa?

Johannesburg needs to constantly prove its worth as a continental stepping stone, said Patrice Motsepe, whose control of mining company African Rainbow Minerals has made him the wealthiest black South African, with a net worth of $2.3 billion.
Posted: September 18, 2014, 2:30 am

BDP raise over P1.7m from gala dinner

We are yet to finalise our figures,” he said. Olopeng revealed that they were able to invite South African billionaire Patrice Motsepe through the assistance of his sister Bridgette Motsepe Radebe who is also a successful businesswoman. At the gala ...
Posted: September 12, 2014, 3:07 pm
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