March 2024

Following his father’s example, Thlopie is contributing sasol fuel to South Africa’s development in various sectors, including sports and business. Motsepe expanded his financial empire beyond mining by venturing into diverse investment holdings. He has invested in various industries through African Rainbow Capital (ARC), including financial services, telecommunications, and energy. ARC’s investments span numerous sectors, diversifying Motsepe’s income streams and reducing risk. Born in South Africa in 1962, Motsepe began his foray into business by establishing African Rainbow Minerals (ARM). The mining company grew exponentially under his leadership and became a major player in the precious metals, coal, base metals, and platinum sectors. Ninety-One raises bet on mining firm of Africa’s first Black billionaire, stake tops $80 million African Rainbow Capital Pty Ltd (Private Equity) (African Rainbow Capital) is a private equity subsidiary of African Rainbow Capital Investments Ltd founded in 2015 by Patrice Tlhopane Motsepe. Patrice Motsepe’s life and career serve as a powerful testament to the enduring force of determination, innovation, and an unwavering commitment to positively impacting our world. His remarkable journey, starting from humble beginnings and leading to his status as one of South Africa’s wealthiest individuals, embodies the resilience and entrepreneurial spirit that inspires countless others. Property Investment in South Africa 2024: 5 Essential Tips for Generating Profit He is a symbol of what can be achieved when entrepreneurship, ethics, and social responsibility converge. In recent years, Motsepe has expanded beyond mining, making major investments in telecoms, digital banking, and financial services through African Rainbow Capital (ARC) and Ubuntu-Botho Investments (UBI). His success story serves as an inspiration for aspiring entrepreneurs and investors across the continent. When the deal came to an end in 2014 after the debt was paid, UBI acquired a 13.5% stake in Sanlam. This would lead to the establishment of ARM in 2004 after ARMgold merged with Harmony and acquired Anglovaal Mining. Following the merger Avmin changed its name to African Rainbow Minerals (ARM) and he became the founder and Executive Chairman of ARM. Patrice Motsepe has shown a deep commitment to philanthropy and social causes in South Africa. Alongside his wife, Dr. Precious Moloi-Motsepe, he established the Motsepe Foundation, which focuses on improving education, healthcare, and socio-economic conditions in disadvantaged communities across the country. Ubuntu-Botho Investment Holdings Ltd. functions as an investment holding South African company. One of the notable things about Precious is that she is the founder of African Fashion International, an organization that promotes the fashion industry in Africa. Vodacom’s 30-year legacy of social upliftment in South Africa This funding was allocated to address pressing student concerns related to registration, fees, and historical debt, offering much-needed support at the beginning of the academic year. As of 2022, Ubuntu-Botho owned a substantial 17.8% of Sanlam, making them the largest shareholder. Additionally, Patrice Motsepe currently serves as the deputy chair of Sanlam, underscoring his enduring influence within the company. In the wake of https://standardbank.co.za/ ARM’s listing, Motsepe’s investment vehicle, Ubuntu-Botho Investments, acquired a significant stake in Sanlam. This partnership, which has endured for over two decades, saw Ubuntu-Botho become Sanlam’s empowerment partner. Dr Patrice Motsepe was a partner in one of the largest law firms in South Africa, Bowmans and was also a visiting attorney in the USA with the law firm, McGuireWoods. Success Stories: People Crushing It Online It offers life, funeral cover, disability cover, income protection, critical illness insurance products, medical aid, gap cover insurance vehicle, house contents, building and all risk insurance products. The company was founded in 1918 and is headquartered in Bellville, South Africa. Confederation of African Football operates as a administrative and controlling body for African association football. It represents the national football associations of Africa, runs continental, national, and club competitions, and controls the prize money, regulations and media rights to those competitions. Forum Mondial de L’Economie engages in the foremost political, business and cultural organizations to shape global, regional and industry agendas. The company was founded by Klaus Schwab in 1971 and is headquartered in Cologny, Switzerland. Patrice Motsepe is a renowned South African mining billionaire businessman who has significantly impacted the business and sports worlds. Patrice Motsepe has a net worth of $2.3B, making him the third richest man in South Africa and the ninth richest person in Africa according to the 2023 Forbes list of world billionaires. Discover the captivating journey of Patrice Motsepe, South Africa’s pioneering entrepreneur and billionaire extraordinaire. DR PATRICE MOTSEPE( Owning and developing properties can be a lucrative source of income, and it complements his investment portfolio. In this blog post, we will delve deeper into Patrice Motsepe’s life, exploring his entrepreneurial journey, family, properties, foundation, and net worth. Join us as we take a closer look at the remarkable story of a man who has achieved greatness in different aspects of life. He also owns a 37% stake in the Blue Bulls rugby franchise, thereby making him a major player in Pretoria’s two biggest sporting teams. Blue Bulls other shareholders are the Blue Bulls Rugby Union https://deriv.com/ and Johann Rupert’s Remgro. ARC also owns a 20% stake in cape Town based exchange, A2X, which was officially launched in 2014 by Sean Melnick, Ashley Mendelowitz, and Kevin Brady. New Plan to Reduce Smartphone Prices in South Africa: What to Expect According to Forbes ‘ World’s Billionaire list, Motsepe’s estimated net worth was $2.8 billion (R52 billion) as of Monday, 10 February 2025. He became South Africa’s first black billionaire and the first black African to make the Forbes Richest list in 2008. Motsepe’s journey serves as an inspiration to aspiring entrepreneurs and a testament to the transformative power of passion, perseverance, and purpose. His unwavering commitment to success and https://www.liberty.co.za/ his dedication to making a difference exemplifies the epitome of leadership and philanthropy in the African business landscape. To appreciate the scale of the business empire Motsepe has built over the last 24 years, a breakdown of his investments is valuable. African Rainbow Capital (ARC) As the founder and owner of various successful ventures,