$3 Billion | Rank #913
Who is Patrice Motsepe
In 2016, he launched a private equity firm, African Rainbow Capital, focused on investing in Africa.
Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club.
In March 2021, Motsepe was elected president of the Confederation of African Football, the sport’s governing body on the continent.
In 1994, he became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a mining services contracting business.
In 1997, he bought low-producing gold mine shafts and later turned them profitable. Coming from an average or middle class family, Patrice Motsepe is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 913 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 60.0 years old. As of today, Patrice Motsepe’s net worth is approximately 3 Billion.
Facts about Patrice Motsepe
| Net Worth: | 3 Billion |
| Billionaire Rank: | 913 |
| Age: | 60.0 |
| Date of Birth: | 28-01-62 |
| Gender: | Male |
| Currently Living in: | Johannesburg, nan, South Africa |
| Birth Place: | South Africa |
| Source of Wealth: | mining |
To find out what is Patrice Motsepe Net Worth, how he got there and what is Patrice Motsepe Salary Per Day, Career, Biography and Childhood details, continue reading below.
Background of Patrice Motsepe
Patrice Motsepe was born on 28-01-62 in South Africa. Motsepe benefited from South Africa’s Black Economic Empowerment (BEE) laws, mandating that companies be at least 26% black-owned to get a government mining license. In 2013, the mining magnate was the first African to sign Bill Gates’ and Warren Buffett’s Giving Pledge, promising to give at least half his fortune to charity. Being raised in the same country, Patrice Motsepe spent most of his time in nan in the city of Johannesburg.
Patrice Motsepe net worth is estimated at 3 Billion Billion to date.
Professional Journey
You will see him often in social media. Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 – the first black African on the Forbes list. There was a time when he would have embraced the change that was coming. He is one of the persons who are always trending in news. Motsepe benefited from South Africa’s Black Economic Empowerment (BEE) laws, mandating that companies be at least 26% black-owned to get a government mining license. In his youth, he was adventurous but unknown, but that was years ago. In 2016, he launched a private equity firm, African Rainbow Capital, focused on investing in Africa.
Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club.
In March 2021, Motsepe was elected president of the Confederation of African Football, the sport’s governing body on the continent.
In 1994, he became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a mining services contracting business.
In 1997, he bought low-producing gold mine shafts and later turned them profitable. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 – the first black African on the Forbes list.
It is to be noted that Patrice Motsepe is one of the selfmade billionaires in the world and stands at 913 in most wealthy persons in the world.
FAQs
Here are a few most frequently asked questions about Patrice Motsepe:
How much is Patrice Motsepe worth?
Patrice Motsepe’s net worth is estimated to be 3 Billion.
How old is Patrice Motsepe?
Patrice Motsepe was born on 28-01-62, and is currently 60.0 years old.
What is Patrice Motsepe source of income?
Patrice Motsepe acquires most part of his wealth from mining.
Concluding Patrice Motsepe Net Worth
Currently with a net worth of 3 Billion, Patrice Motsepe stands at 913 in the world billionaires list. And draws most of his wealth from mining. Hope you like this information about Patrice Motsepe. If you like this, then please share it with your friends. This above post is all about the estimated worth of Patrice Motsepe. Do you have any queries? Feel free to ask via comment section.
Disclaimer: Please keep in mind that this is an estimated net worth of Patrice Motsepe. Actual worth may vary a little. You can always get information by checking out Leaktown.com.
