WHO IS RICH IN SOUTH AFRICA


Who Is Rich In South Africa

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Were you surprised at who was the richest person in South Africa for ? He is also on the boards of mining companies Xstrata plc and Minara Resources Ltd. Subscribe to our free Newsletter.

  • He spends his spare time playing Hockey and sometimes Cricket.
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  • Apart from the company mentioned, Johann has stakes in investment holding companies: What has Microsoft, Sony and co been up to?
  • Both companies were founded by his father, Anton Rupert who grew a small garage-based cigarette manufacturing operation into major industrial and luxury goods concerns. Harris was the chief executive of the FirstRand group from to

Former number one richest person in South Africa , Ivan Glasenberg is the chief executive officer of Glencore. He has a great taste for good wine which may have ignited his interest in the Tokara vineyard and winemaker which he owns. Notify me of new posts by email. She sold her shares to rake in her fortune. South Africa is one of the most developed countries in Africa and with development comes opportunities and riches which is the reason South Africans make up most of the lists of the richest people in Africa.

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DESCRIPTION: Probably one of the most controversial billionaires on the list due to his dealings with President Jacob Zuma and the suspected corruption in tow, Atal Gupta is worth a whopping R Paul Harris is one-third of the banking and finance triumvirate known as the three musketeers or the RMB rat pack. Then, of course, there are those others who have longed for quite a while to be mentioned in the list and this time, some of them were quite lucky to be remembered.


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In , he went back to Johannesburg where he joined De Beers diamond mining company. He is best known for Teargas and his presence on the music scene has obviously yielded a fortune. With a huge portion of his wealth coming from endorsement deals, Cassper Nyovest is currently declared with the net worth of R3. Shoprite recently bets big on Nigeria and has plans to open 50 stores in the near term, with long-term plans for as many as grocery outlets across the country. Le Roux served as chairman of the board of Capitec from to and has continued on as a board member. He once bagged an award —the Tropical Island —in addition to the sum of R1, , He has become a controversial figure after the South African Revenue Service equivalent to the IRS publicly questioned his use of tax shelters to avoid tax earlier this year. When you eventually get the crown, you can be sure that the world will be waiting to help you tell your story and there are very many ways to do that.

After a series of mergers and acquisitions, FirstRand was formed in the s; Dippenaar is non-executive chairman of FirstRand, which is active in banking and insurance, in South Africa, 5 other neighbouring countries and in India. When it comes to the general state of South Africa, the rich can sometimes be somewhat of a mystery. From its early origins as a tobacco manufacturer in the late 40s, The Rembrandt Group, more commonly known as Remgro, has evolved into an investment holding company with a market capitalisation now in excess of R billion. InAllan Gray established Allan Gray Investment Management Nigeria to take advantage of the fast-growing number of middle and high net worth individuals. Were you surprised at who was the richest person in South Africa for ?

This wealth could have come about through successful business empires or through big-time investments. He started his career at Quickmed, a prescription drug distribution company in black townships during apartheid.

Apart from the company mentioned, Johann has stakes in investment holding companies: People You Should See.

  • SA’s 10 richest men – and what they earn: All white, except for Gupta
  • Although his fame is not as surging as it was some time ago, HHP manages to remain one of the richest rappers in the country. Michiel Le Roux is a multi-millionaire from South Africa.
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Shuttleworth also founded and funds Ubuntu, a computer operating system which he distributes as free open source software. Popularly dubbed AKA, this rapper rose into great stardom in and this came after choosing to bear the stage name AKA. Patrice Motsepe is one of the wealthiest people in South Africa. He also owns a controlling stake in PSG Capital, a corporate finance and advisory services company, and in Curro, a chain of private schools in South Africa. He is the man behind the South African retail giant: Aspen stakes have risen throughout but he became a major billionaire when his company established ties with global pharmacy innovators that often see generic companies as rivals, hence GlaxoSmithKline is one of the largest shareholders in Aspen. Cashtime is a notable South African rapper who has remained active for almost 10 years. Oppenheimer owns Tswalu Kalahari Reserve, which is home to critically endangered animals such as the desert black rhino and the black-maned Kalahari lions.

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