richest man in south africa

06/12/2020 Uncategorized

Johann Rupert is … Force trading is the reason why he is on this list of the top 10 richest young people of South Africa today. Nicky Oppenheimer. Dippenaar is a qualified chartered accountant who built a financial services empire over the last few decades. According to Forbes Magazine, Cyril Ramaphosa net worth was $450 million in 2015. In 1977, alongside his partners Paul Harries and Laurie Dippenaar, Ferreira started Rand Consolidated Investing, says Forbes. Johann Rupert – Net Worth: $4.6 Billion. Over and above that, he has remained South Africa’s deputy president since 2014. Some of them are in the Forbes ranking, and others are not, but they are all wealthy and successful. Lauritz Dippenaar is a 71-year-old (October 25, 1948) businessman born in the SA city of Johannesburg. Across the world, Discovery Limited has almost 8,000 workers. Raymond Ackerman is an SA resident with three children namely Kathryn Ackerman, Gareth Ackerman, and Suzanne Ackerman-Berman. Wendy Appelbaum. Mouton is the founder and chairman of PSG Group, a listed investment holding firm. With the net worth of R565 million, Saki Macozoma Among The Richest Man In South Africa, he serves in Safika Holdings as the Non-Executive Chairman and he is considered one of the prominent black South Africans in the business sector. Markus Jooste is greatly acclaimed for his immense contributions to the development of Steinhoff International. Besides, Raymond Ackerman’s personality commands great fame as a result of the philanthropic contributions he has made. Save my name, email, and website in this browser for the next time I comment. Born in the South African city of Johannesburg, Desmond Sacco is best known for his administrative roles as the MD and Chairman of Assore Limited –a SA company established by his father. Besides the positions aforementioned, Cyril Ramaphosa serves as the chairman of South Africa’s National Planning Commission. in Geology. Motsepe also has a 37% stake in the Blue Bulls Co., South Africa’s best performing rugby team. Harris was the chief executive of the FirstRand group from 2005 to 2009. Africa’s Billionaires: Forbes ranks Africa’s wealthiest business people. He is renowned as a diamond magnate. Since 2012, his fortune has grown but he has relinquished the title of richest man in South Africa. In 1966, at 35, Raymond Ackerman was fired from his position as a Managing Director at Checkers. He is revered as an astute executive who transformed newspaper publisher Naspers into a digital media powerhouse, says Forbes. He co-founded one of the largest financial services groups in South Africa. Having Patrice Motsepe as the major player, the family is the founder of African Rainbow Minerals with Patrice as the Chairperson. Meanwhile, the database was composed of 100,000 contact details. According to Knight Frank, SA had 40,400 dollar millionaires in 2016, with as many as 18,200 living in Joburg, and as many as 320 individuals with wealth exceeds $30 … Koos Bekker is a 67-year-old (December 14, 1952) South African business magnate born in Potchefstroom –SA. Stephen Saad is a 55-year-old (June 23, 1964) businessman born in the SA city of Durban. She is the sister to South Africa’s richest black entrepreneur Patrice Motsepe and to the first lady of South Africa Tshepo Motsepe Ramaphosa. You have entered an incorrect email address! Top 10 Most Civilized Countries in Africa. Being the richest black family in South Africa and the fourth richest man in the country, the family is known for accumulating her wealth in the mining business. Cyril Ramaphosa is a 67-year-old (November 17, 1952) South African. Besides, she served as Deputy Chairperson in companies including Connection Group Holdings Limited and Wiphold Limited. That’s all on Top 20 Richest Men In South Africa 2020. So, who is the richest man in South Africa in 2020. This article obviously focuses on the top 20 richest South African men and the actual reasons behind their substantial wealth. At the moment, his net worth is valued at $450 million. In August 2016, Wiese’s furniture and home goods retailer Steinhoff entered the U.S. market, and bought Mattress Firm Holding Corp., for USD 2.4 billion, according to Forbes. Ivan Glasenberg is a 63-year-old (January 1957) business mogul who was born in the SA city of Johannesburg. Gore is the company’s largest individual shareholder with an estimated 8% stake, according to Forbes. Also, he is a graduate of the University of Cape Town and his current net worth is valued at $500 million. Here are South Africa’s 20 Richest Men. Previously, he served as the chairman of De Beers –one of the biggest diamond mining firms in Africa. In terms of GDP, South Africa is Africa’s second richest country after Nigeria. This site uses Akismet to reduce spam. In 2010, Raymond Ackerman resigned from his position as the chairman of Pick ‘n’ Pay. Nicky Oppenheimer, who is Africa’s second richest man, is a South African of German descent. Find out the top 20 richest men in South Africa this year. In 2012, he became the chairman of The Sharks rugby team. His net worth is currently valued at $1.2 billion. Meanwhile, he rose to this position as a result of the election held at the National Conference of ANC in Mangaung. He served on Anglo American’s board for 37 years until 2011 and retains an estimated 1% stake in the company according to Forbes. Stephen Saad, who graduated from the University of Natal, serves as the CEO and originator of Aspen Pharmacare –Africa’s biggest manufacturer of generic medicines. He is a resident of Durban –the South African city where he was born and bred. He founded the bank in 2001, and owns 11% of the bank's share. He has remained an active business partner since 1997. Johann Rupert. Among his philanthropic contributions is the scholarship scheme he organizes. Also in previous times (from 1985 to 1988), GT Ferreira took official roles as the Managing Director of RMB Holdings. Significantly, Naspers is a giant media firm with a presence on the Stock Exchange lists of Johannesburg and London. Considered an impressive young man, Mike Eilertsen was able to present a database on the leading businessmen in South Africa. He’s worth R76.16 billion. Johann Rupert is the richest South African and the second richest person in Africa. Tags: Top 20 Richest Men In South Africa 2020 Net Worth 10, 30, 50,100Â, Your email address will not be published. Christo Wiese, who was once South Africa’s richest man, has swapped his office in an industrial area of Cape Town for a view of the Atlantic Ocean. His net worth is R24.48 billion. Michael L Roux is among the richest men in South Africa who has accrued his wealth by investing in Capitec bank, where he is a board member. Who are the top 20 richest men in South Africa? Sandile Shezi- Being laughed for selling muffins at school never pulled him down. Both of his sons sit on PSG Group’s board, and his son Piet Mouton is now CEO. She has been appointed to a number of authoritative roles. 4. His personal fortune of $7.4 billion / … Top 20 Richest People In South Africa 1. Additionally, Johann Rupert doubles up his riches as the chairman of Remgro –one of the biggest companies in South Africa. The following Forbes list of South African billionaires is based on an annual assessment of wealth and assets compiled and published by Forbes magazine in 2020. Patrice Motsepe was estimated to be worth $2.6 billion as of February 2020, and was ranked as the youngest billionaire in South Africa and the tenth richest in Africa on the Forbes Rich List for 2020. Diamond magnate Nicky Oppenheimer was again ranked as the richest man in the country, seeing his wealth grow marginally at 1%. Former Minister of Human Settlements, Tokyo Sexwale is a well know public figure in South Africa with extensive experience in both the public and private sectors. The country has a desirable lineup of rich people {Billionaires} who are majorly found in the business sector. SA-born Elon Musk becomes world’s second-richest man, as Tesla overtakes Microsoft 25th November 2020 25th November 2020 by Editor Elon Musk, who was born in South Africa and grew up in the country before moving across the Atlantic to find his fortune, has overtaken Microsoft founder Bill Gates to become the world’s second-richest person. She had been in the mining business ever since the ’80s. Patrice Motsepe claims a reputable feat of not only as one of the richest men in Africa, but also the first and only South African billionaire of black descent. Wiki SA is South Africa's authoritative top quality information website that provides resourceful information about her culture, people and things associated with South Africans. Rupert now owns a 7% stake in diversified investment firm Remgro, which he also chairs. Tokyo Sexwale. Cyril Ramaphosa is famous not only as one of the richest men in South Africa but also for holding a number of reputable positions. 26 Of The Richest People in South Africa Elisabeth Bradley. In 1973, Jannie Mouton received the credentials which qualified him as a chartered accountant. He is best known for his business reputation as the chairman and originator of PSG Group. Currently, his net worth is valued at $2.8 billion. On Monday, the South African billionaire and Africa’s tenth-richest man, with an estimated wealth of $2.5 billion, announced his intention to run for the presidency of … He founded HBD Capital, an emerging markets investment fund. 5. According to Forbes, Saad became a millionaire at 29 when he sold his shares in the drug business, Coven Zurich, for USD3 million. His net worth is R6.9 billion. Being the eldest son of Anton Rupert –one of South Africa’s renowned business magnate –some portion of Johann Rupert’s riches can be attributed to his wealthy background. He graduated mainly from the University of Witwatersrand and the University of Swaziland. His net worth is R65.28 billion. His journey to wealth started when he co-founded Rand Consolidated Investing with GT Ferreira and Paul Harris in 1977. When RCI merged with Rand Merchant Bank, he became CEO in 1992, and again in 1998 after it merged with First National Bank to become FirstRand. As a reputable South African in the mining industry, Patrice Motsepe is the executive chairman and originator of African Rainbow Minerals –a mining company concerned with platinum, base metals, gold, and ferrous metals. An immigrant to Johannesburg from Italy, he saw a gap in the market in 1969 for affordable tiles and ceramic products in an increasingly urban South Africa. 1. He is the chairman and founder of Capitec Bank. Africa’s richest man. He co-founded pharmaceutical maker Aspen Pharmacare with Stephen Saad in 1997. Christoffel Wiese is a 78-year-old (September 10, 1941) South African businessman who has managed to garner enormous wealth through consumer retail services. Impressively, Lauritz Dippenaar is one of the influential South Africans who donates some part of their wealth to philanthropic causes. Nicky Oppenheimer, arguably the world’s most successful diamond purveyor, inherited his fortune from his grandfather who founded Anglo American. Among these companies are Liberty Investors Limited, Sphere Holdings Pty Ltd, and Connection Group Holdings Limited. Labeled as one of the wealthiest South Africans, Koos Bekker’s net worth is currently estimated at $2.2 billion. He became the first black partner at law firm Bowman Gilfillan in Johannesburg. #2) Johann Rupert Rupert is one of the richest men in Africa. Patrice Motsepe is a 58-year-old (January 28, 1962) South African businessman born in the SA city of Soweto. His net worth is R8.5 billion. Jannie Mouton is a 74-year-old (1946) South African businessman who graduated from Stellenbosch University, SA. Meanwhile, he is believed to have taken the company to lofty heights, making it the second-biggest domestic good retailer in Europe. Significantly, Glencore is one of the biggest global companies concerned with mining and commodity trading. Lot of Internet Users are always interested in knowing the richest people in a particular country, Especially when the country is popular. He … Desmond Sacco began his business journey after he was welcomed to Assore Group in 1968. After several years, along with mergers and acquisitions, FirstRand was formed in the 1990s. His net worth is R5.6 billion. With the current net worth of $742 million, he is considered one of the most fortunate business tycoons in the history of South Africa. The bank is active on the Johannesburg capital market stock exchange. Koos Bekker, who graduated from University of the Witwatersrand and Stellenbosch University, is currently the chairman of Naspers. (adsbygoogle = window.adsbygoogle || []).push({}); Your email address will not be published. The businessman co-founded the company with current South Africa’s 9th richest man, Stephen Saad, and the pair have been able to grow the company into one of the top five biggest drug-producing companies in the world. Although GT Ferreira works as a banker, he is best known for his vibrant roles in the business sphere where he serves as the Chairman of RMI Holdings. Of Soweto his net worth of R4.7 billion in knowing the richest men in South Africa has one the! Previous times ( from 1985 to 1988 ), the country is also home a. 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