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He is the founder and executive chairman of African Rainbow Minerals , which has interests in gold, ferrous metals, base metals, and platinum. He sits on several company boards, including being the non-executive chairman of Harmony Gold , the world’s 12th largest gold mining company, and the deputy chairman of Sanlam. In , he became the owner of football club Mamelodi Sundowns. In , he joined The Giving Pledge , committing to give half of his wealth to charitable causes. Patrice was born to Kgosi Augustine Motsepe, a chief of the Mmakau branch of the Tswana people , who had previously been a schoolteacher and who was later a small businessman as the owner of a Spaza shop which was popular with black mine workers. It was from this shop that Motsepe learned basic business principles from his father, as well as first-hand exposure to mining.

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The man said to be Africa’s youngest billionaire has been kidnapped to Lagos or Johannesburg, the main cities in Nigeria and South Africa.

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I only invest in Sygnia products and I only invest in passive products…. I live on debt, which is a terrible thing to admit… The difference between paper wealth and cashflow wealth is quite material…. She arrived in South Africa as a year-old refugee from communist Poland and rose to the very top of the male-dominated world of finance. When Wierzycka was still at school in Pretoria, she worked at a supermarket to help her family make ends meet. She struggled with English, but excelled in maths and science, and earned herself a bursary to study actuarial science.

Sygnia is a leader among asset managers in South Africa when it comes to the provision of low-cost, passively managed investments. The financial services industry in South Africa spends enormous amounts of money making sure financial literacy is kept at a very low level… So the amount of jargon that is used, the amount of emotive advertising to make you believe fairy tales is enormous….

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The following Forbes list of South African billionaires is based on an annual assessment of wealth and assets.

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With the global population of humans well beyond seven billion, it is difficult to imagine that Homo sapiens was once an endangered species. Yet studies of the DNA of modern-day people indicate that, once upon a time, our ancestors did in fact undergo a dramatic population decline. Although scientists lack a precise time line for the origin and near extinction of our species, we can surmise from the fossil record that our forebears arose throughout Africa shortly before , years ago.

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Read More. This premium Anglican boarding school caters for over pupils from across the globe. From Grade 8 to Matric, pupils experience individual attention with a focus on fostering individual talent. The school is passionate about ensuring that each boy is schooled for life, develops character and strives to reach his full potential. The school motto is Nec Aspera Terrent Difficulties do not dismay us — this ideal of fearless acceptance of challenge sums up what the school aims to instill in its pupils as preparation for future life.

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Mostepe was for a long time the richest PSL club owner by net worth but was overtaken following the sale of Vasco Da Gama to billionaire businessman Johann Rupert, who is the owner of newly promoted Absa Premiership club Stellenbosch FC. Scroll through the gallery above to see their net worths. Besides football, the business tycoon has a keen interest in cricket and golf. Rupert is currently the chairman of Ramgro, whose interests are in industrial mining and finance, and also Swiss-based luxury goods company Richemont.

Scroll through the gallery above to find out the net worths of all five PSL club bosses Rupert is the founder of Franschoek Motor Museum, a car museum that reportedly houses more than of his cars.

Patrice Tlhopane Motsepe (born 28 January ) is a South African mining billionaire In , Motsepe was named South Africa’s richest man, topping the Sunday Times’ annual Rich List with an estimated fortune of R billion ($1.

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SA’s richest woman opens up about being a refugee and becoming a billionaire

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