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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

Government makes a move for Absa

Other bids are reportedly coming from Abraaj and South African billionaire, Patrice Motsepe. According to Bloomberg, the PIC has been in talks with Diamond and Motsepe relating to potential partnerships, but nothing has been firmed.
Posted: May 23, 2016, 8:44 am

The First Ladies of South Africa - what you need to know

She is 76 years-old. She does not have children with the president. President Jacob Zuma with his wife maKhumalo and businessman Patrice Motsepe of African Rainbow Minerals built the church that was officially opened by the President in Nkandla.
Posted: May 25, 2016, 10:06 pm

PIC wants black buyers for Barclays

READ MORE: Patrice Motsepe sets his sights on Barclays stake In March 2016, the British bank announced plans to sell down its stake in its African business. Following the announcement, it was reported that mining tycoon Patrice Motsepe reportedly has ...
Posted: May 23, 2016, 5:00 pm

South Africa mourn former coach Ted Dumitru

Dimitru, who also coached at Orlando Pirates, then became an advisor to Sundowns' billionaire owner Patrice Motsepe and briefly returned to bench after they fired Henri Michel in 2009, but lost all five of his games in charge. At the time he set a record ...
Posted: May 26, 2016, 9:47 am

PIC seeks black buyers for Barclays

"There is no formal structure at the moment, it is just an idea," he said. Pressed on identities of the parties to the talks, Matjila said Patrice Motsepe’s African Rainbow Capital was one. African Rainbow joint CE Johan van Zyl, however, declined to ...
Posted: May 24, 2016, 12:32 am
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