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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

ARM and Vale to offload Lubambe mine in Zambia

African Rainbow Minerals (ARM) and its mining partner, Brazil's Vale, have extricated themselves from an expensive investment in the Lubambe copper mine in Zambia, fulfilling a commitment chairman Patrice Motsepe made in 2016. Lubambe mine, Zambia.
Posted: August 18, 2017, 1:28 am

Meet top 10 black billionaires in the world

Patrice Motsepe: $1.81 billion South-African Patrice Motsepe, 55, founder of the mining company African Rainbow Minerals, was Africa's first black billionaire. The father of three was also the first African to sign Bill Gates' Giving Pledge, promising to ...
Posted: August 14, 2017, 1:59 am

Meet Southern Africa’s billionaires

There is also Koos Bekker (net worth US$2.1 billion in the media and investments sector), Allan Gray, with a net worth of US$1.99 billion from the money management sector, Patrice Motsepe, (South African),with a net worth of US$1,8 billion in the mining ...
Posted: August 8, 2017, 5:45 am

ANC on witch-hunt against defiant MPs - SACP

One of the three Gupta brothers had become a top black billionaire. Atul Gupta, trumped mining mogul Patrice Motsepe, to be the seventh wealthiest South African and the top earning black businessman, according to the Business Times Rich List 2016 by the ...
Posted: August 16, 2017, 11:23 am

ARM, Vale to sell JV shares in $400m Lubambe mine for $97.1m

Patrice Motsepe, executive chairman of ARM, said in September last year that Lubambe was under review after it contributed the lionshare to the group’s full-year basic earnings loss of R565m following a R1.4bn impairment of the mine. Lubambe had cost ...
Posted: August 15, 2017, 6:59 pm
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