Meet the lady that spent her time as an economic advisor to former South African President Jacob Zuma

Meet the lady that spent her time as an economic advisor to former South African President Jacob Zuma

Money makes the world go round – or so they say. For these South Africans, the world keeps on spinning as their bank account goes ka-ching.

People like Nicky Oppenheimer, Johann Rupert and Koos Bekker always make the list of the richest people in South Africa – but there are others who is coining it.

These are some of South Africa’s wealthiest people.

Patrice Motsepe Mzansi’s First Black Billionaire


Patrice Motsepe made headlines when he was named as South Africa’s first black billionaire. And for the last several years, he continued to make this annual list.

Patrice’s net worth is estimated at R25.4 billion.

He is the founder of African Rainbow Minerals, and in 2003 he became the owner of Mamelodi Sundowns.

He sits on the board of several companies and he is known for his generosity. Whether it’s scholarships for underprivileged children to continue their studies, or to treat his football club’s most loyal supporters with a trip to Egypt to watch their team in action.

Even within his own family, Patrice is well-connected. His sisters Tshepo and Bridgette are married to well-known politicians. His sister Tshepo Motsepe is married to South African President Cyril Ramaphosa, and his sister Bridgette is married to Minister in the Presidency, Jeff Radebe.

And then of course there was his instrumental role in bringing Barcelona FC, Barack Obama and Beyoncé as part of the Global Citizen concert, all in honour of what would have been Tata Madiba’s 100th birthday.

Mamphela Ramphele The Businesswoman

A medical doctor by profession, Dr. Mamphela Ramphele also has experience in politics and is a successful business woman.

She also served as the Managing Director of the World Bank.

She is a member of the board of directors for several companies, including Standard Bank, Transnet and Anglo American.

Her net worth is estimated at R55 million.

Allan Gray Donates 90% of his WealthAllan Gray was the founder of an investment company bearing his name.

 

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The Allan Gray Orbis Foundation is saddened to announce the passing of its Founder and Patron, Allan William Buchanan Gray. Allan was a visionary and successful businessman; a pioneer in the investment sector; a leader and a philanthropist, and these characteristics informed much of his work in securing a future, not only for his investment clients but also for the many beneficiaries of his philanthropic organisations. “We at the Allan Gray Orbis Foundation feel a deep sense of loss at the passing of Allan, our Founder, and wish his family comfort and peace at this difficult time. The business relationship and personal friendship we shared with him have been a source of enrichment and learning for us all. We shall miss his visionary guidance and quiet leadership greatly,” said Chairman of the Board, Prof. Njabulo Ndebele. Yogavelli Nambiar, CEO of the Foundation, adds: “While the Foundation mourns his loss, we can be comforted knowing that his vision has secured a future for over a thousand individuals and helped reach thousands more through various entrepreneurship initiatives, research and educator support. The onus now rests with us to continue to carry his vision forward, creating a world where young entrepreneurs create lasting social change within their communities across South Africa. Allan’s spirit of significance and humility will live on in the Foundation and the many young people supported by it.” Read Full announcement here:http://bit.ly/AGOF_Announcement

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The company handled up to $35 billion worth of funds for their clients.

In 2013, Allan Gray’s net worth was an estimated $10.5 billion – and then he donated 90% of it.

He is known as one of the most generous philanthropists in South Africa.

In 2013 he started a foundation to which he donated $130 million to fund schooling for underprivileged learners and students.

And in 2016, he gave away his stake in the company to ensure the dividends will continue to go towards the foundation to support the learners.

In 2017, his wealth was estimated at $1.8 billion.

Irene Charnley Goes Continental with her Wealth Irene Charnley is known as a businesswoman and trade unionist.

The success she achieved while being part of the MTN Group as Executive Director played a huge role in her wealth. During her time at MTN, she saw the company expand to the rest of Africa and several Middle Eastern countries. By the time she left MTN, she left with $150 million.

Mark Shuttleworth‘s Money Takes Him to Space

 

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>>> #HERITAGE Inspiration <<<⁠ 🇿🇦🚀🇿🇦🚀⁠ ⁠ “A big part of willpower is having something to aspire to, something to live for.” - Mark Shuttleworth⁠ ⁠ The 24th September is heritage day for us South Africans.⁠ Paying tribute to the most #INSPIRATIONAL #FAMOUS #SOUTHAFRICANS.⁠ ⁠ #LWebsterVirtualAssistant #MarkShuttleworth #SouthAfricaSpaceTourist #SouthAfrican #Space #MarkShuttleworthQuotes #VirtualAssistant #VirtualAssistantServices #VirtualAssistantForHire #VitualAssistantBusiness #VirtualAssistantSouthAfrica #VirtualAdmin #InstaVirtualAssistant #WomenInBusiness #VirtualAssistantLife #Solopreneur #InstaSolopreneurs #SmallBusiness #SmallBusinessOwner #AdministrativeAssistant #Mindset #Motivated #MyGrind #InstaBusiness #PersonalAssistant

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THE IT INNOVATOR WHO REACHED FOR THE STARS. Mark Shuttleworth became a household name in 2002 after becoming the first-ever South African in space, and only the second self-funded space tourist. While his mission into space may have been unprecedented for a South African, the out worldly voyage eclipsed his claim to fame. Way back in 1995, Shuttleworth founded Thawte Consulting, which produced the first-ever full-security encrypted e-commerce web server commercially available outside the #USA. He went on to form start-ups that provided access to education, venture capital and free software solutions, such as the #FreedomToaster. LIKE if Mark Shuttleworth is a #ProudlyHomegrown innovator you admire! #markshuttleworth #innovation #tech #spacetravel #entreprenship #visionaries #BelgiumCampus #Education #southafrica

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He made his fortune when he sold his consulting company for $3.5 billion.

His software, Ubuntu Software, can be found in just about every device. From TVs and cars, just about any device that connects to the Internet.

He is the founder and CEO of Canonical Ltd and his net worth is estimated at R9.1 billion.

Bridgette Radebe Is Rich

She is worth a billion rands!

Her decades long experience is in mining, and as the founder of Mmakau Mining, they operate in platinum, gold, uranium and coal.


Her work in changing the political landscape has earned her international recognition with an award from the Global Foundation of Democracy.

Ray Ackerman Builds Success Story