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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

Africa’s billionaires see decline in fortunes

Ultra wealthy individuals in Africa such as South Africa’s Johann Rupert, Nicky Oppenheimer, Christo Wiese, Koos Bekker and Patrice Motsepe make up 1.7% of the world’s richest, and between them hold a $98bn chunk of the total $7.7trn in assets owned by ...
Posted: August 25, 2016, 5:05 pm

Why Val De Vie Is South Africa's No. 1 Estate

Val de Vie has reached a number of milestones in the past year, including hosting Prince Harry at the Sentebale Royal Salute Polo Cup, its acquisition of Pearl Valley and having had Patrice Motsepe’s African Rainbow Capital make a significant investment ...
Posted: August 22, 2016, 3:00 pm

Harmony Gold Mining : and POPCRU enter into community partnership

The memorandum of agreement was signed today at a function attended by the Premier of the Free State, Ace Magashule with members of his Executive Council, Harmony Chairman Mr Patrice Motsepe and Chief Executive Officer Peter Steenkamp, and representatives ...
Posted: August 18, 2016, 3:19 am

ARC acquires 29.9% of Bravura parent, CMB International (Mauritius)

African Rainbow Capital, the private equity investment company set up by Patrice Motsepe, recently announced that it will invest R120 million or approximately $9 million to acquire 29.9% of CMB International, the Mauritius-listed financial services holding ...
Posted: August 26, 2016, 4:27 am

There’s No One Left In The ANC To Turn Things Around, Not Even Ramaphosa

Interestingly, they are both former ANCYL leaders.” The writer’s words about the deputy president echoes those Malema who said he ( Ramaphosa) and Patrice Motsepe have “sold their black skin to become rich”. Malema who was then addressing students ...
Posted: August 19, 2016, 5:10 am
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