Patrice Motsepe: South Africa’s Second Richest Self-made Billionaire


There about 10 known billionaires in South Africa, but only a few of them have made their fortunes on their own and from family inheritance. Elon Musk – currently the second richest person on earth – and Patrice Motsepe created wealth by being resourceful and lucky, of course.

How Patrice Motsepe made his wealth?

Patrice Motsepe is major soccer enthusiast

Patrice Motsepe is a self-made billionaire who is the founder and executive chairman of African Rainbow Minerals, a mining company that operates in South Africa, Botswana, and Zambia.

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He is also the founder and chairman of the Motsepe Family Investment Company, which has interests in mining, energy, banking, real estate, and other sectors. Motsepe has also invested in various other businesses and charities, including the Motsepe Foundation, which provides educational and healthcare support to disadvantaged communities in South Africa.

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Patrice Motsepe made history in 2008

Patrice was listed as the first black African Billionaire on the Forbes list in 2008 and is currently the third richest man in South Africa, with a net worth of around $2.3 billion. Motsepe’s success story is an inspiration to many aspiring entrepreneurs, and his philanthropic contributions are making a real difference in the lives of millions of people across Africa.

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