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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. Rising from humble beginnings in Ga-Rankuwa, he soared to become the nation’s first black billionaire, spearheading African Rainbow Minerals to global acclaim. As president of the Confederation of African Football and vice president of FIFA, he redefines leadership on and off the field. Dive into his diverse empire spanning mining, telecoms, and beyond, illuminating the power of resilience and vision. This exploration of all the companies Patrice Motsepe owns reveals a legacy built on resilience, innovation, and forward-thinking leadership. All the companies South African billionaire Patrice Motsepe owns We currently have over 15 digital platforms in South Africa, Kenya, Zimbabwe, Botswana And Nigeria and we reach millions of monthly unique youth visitors every month. 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. Companies in which Motsepe owns a shareholding, through his African Rainbow holding companies, include many of South Africa’s biggest brands. African Rainbow Capital Pty Ltd. operates as a investment company, which focuses on financial services and private equity placements. Precious Moloi Motsepe is the wife of Patrice Motsepe, a wealthy South African businessman. She is a doctor and a philanthropist who is also involved in https://www.investec.com/ the fashion industry. Precious started her career as a medical emergency practitioner, focusing on children’s and women’s health. Born on August 2, 1962, she attended the University of the Witwatersrand in Johannesburg. Beyond his business ventures, Motsepe is also known for his philanthropic efforts. How Much South Africans Need to Earn for a Decent Life in 2025 His unwavering commitment to success and 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. Commenting on these investments, Motsepe said he played football and rugby when he was in boarding school in the Eastern Cape. More deals followed, including a merger with Harmony Gold Mining to form the world’s fifth-largest gold producer. Five years after starting the company, Motsepe’s African Rainbow Minerals, which initially focussed on gold mining, was listed on the JSE. This business experience and exposure to the mining industry would serve him well in his future endeavours. Now read: What Google is doing to tackle scam ads impersonating rich and famous South Africans A part of the company’s success was due to the worker remuneration system that consisted of a low base salary with a profit-sharing bonus. After leaving the law firm, Motsepe leveraged South Africa’s Black Economic Empowerment laws to build his mining enterprise. He also has a majority share in the Mamelodi Sundowns and owns over a third of Blue Bulls rugby. Since 2021, Motsepe has become a more familiar face to African football fans as the president of the Confederation of African Football. They have three children.27 He is the brother of Tshepo Motsepe and Bridgette Radebe, and the brother-in-law of both President Cyril Ramaphosa and Minister Jeff Radebe. In August 2024, ARC invested a further R160 million in Rain, bringing its shareholding in the network operator to 21%. Patrice Motsepe — Net worth of R59 billion Motsepe owns 12.1% of Harmony Gold, the 12th largest gold mining company in the world, with mining operations in South Africa, and Papua New Guinea. In recent years, Motsepe has expanded beyond mining, making major investments in telecoms, digital banking, and financial services through African Rainbow Capital sasol ltd (ARC) and Ubuntu-Botho Investments (UBI). Motsepe’s rise to prominence as a billionaire and his involvement in various industries have made him a symbol of Black economic empowerment (BEE) in South Africa. BEE policies aim to address historical inequalities by promoting the participation of black South Africans in the country’s economy. Motsepe’s success demonstrates the potential for black entrepreneurs to excel in various sectors, challenging traditional power structures and promoting inclusivity. Alden McDonald Jr.’s bold move: Growing America’s largest Black-owned bank to $10 billion After this success, in the year 2000, Motsepe partnered with Anglo Platinum, the world’s largest platinum producer. This partnership was a 50 – 50 ratio, and together, they created https://www.psg.co.za/ the largest platinum-producing mines in South Africa. Around 1997, gold prices plummeted heavily in the international market, this opened a window of opportunity and promted Motsepe to take a leap in the mining business with a full force. Signs Your SA Business Is Facing Technological Obsolescence The Prudential Authority of the South African Reserve Bank (SARB), granted permission for TymeBank to operate exclusively online on 28 September 2017. Beyond his business ventures, Motsepe’s philanthropy through the Motsepe Foundation demonstrates his dedication to social development and community upliftment. His contributions to education, healthcare, and socio-economic empowerment reflect his desire to create equal opportunities for all South Africans. Motsepe’s involvement in Sanlam reflects his commitment to expanding access to financial services, promoting financial literacy, and driving financial inclusion in South Africa. His contributions to Sanlam’s strategic direction contribute to the growth and stability of https://www.liberty.co.za/ the financial services industry. Patrice learned about business from his father, who owned a popular shop for mine workers.

Here’s an easy-to-understand guide to help get started on an investing journey towards more wealth https://immediate-edge-app.com/ in 2024. This is the cost of receiving a personalised recommendation based on your circumstances. If you choose your own investments, you won’t pay any advice fee. Stock Strategies The key thing is to make sure you have some money saved up before you start investing. We recommend having an emergency fund to cover 3 to 6 months’ worth of living expenses. In some cases, however, we have included links to regulated brands or providers with whom we have a commercial relationship and, if you choose to, you can buy a product from our commercial partners. Online investment platforms (also known as fund supermarkets) are a easy and cheap way to buy and sell multiple investments in one place. Table of Contents Understand how to determine your financial goals as well as which stocks should be part of your portfolio. Learn effective management strategies that will help maximise returns from stock market investments. Then, you can determine your investment style and decide whether https://medium.com/aimonks/top-7-secret-websites-that-pay-you-100-1000-to-work-from-home-42170e73c65c you should buy individual stocks or use passive investment vehicles like exchange-traded funds (ETFs) or mutual funds. How to Invest $100 for Maximum Return Consider our previous example of the $5,000 invested at 25- or 35-years-old. If she invested $500 at age 25, and then $50 a month until she had put away a total of $5,000, she would have almost $174,000 at retirement age. Lastly, fund platforms serve up opportunities including investing in various indices along with Exchange Traded Funds (ETF’s) and Mutual Funds too. This could give you a chance to ride out any short-term fluctuations. We believe once these things have been addressed you can look to start investing. Plus, decide on your budget, such as £50 or £100 a month, into a pooled investment fund. Lower-cost tracker or ‘index’ funds can be held within a stocks and shares ISA. These funds track the performance of an index, such as the FTSE100 or FTSE 250 for example, to offer diversified exposure to a broad basket of stocks and shares. These funds tend to invest directly in property (typically commercial properties) or the shares of property-related companies, or a mix of the two. This way you can get exposure to any growth in property markets, even if you can’t buy an investment property outright. How do I invest my money to make money? We may receive compensation from our partners for placement of their products or services, which helps to maintain our site. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products. While compensation arrangements may https://www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency affect the order, position or placement of product information, it doesn’t influence our assessment of those products. How does the stock market work? A bond ETF owns a basket of bonds, often tracking an index, just like the stock ETFs. When you buy a stock ETF, you are purchasing a full portfolio of tiny pieces of https://www.cnbc.com/2024/09/18/will-the-us-elections-impact-crypto-markets-insiders-weigh-in.html all the stocks in the index, weighted for their size in that index. Focus on getting out of debt as fast as you can, then dive into investing. You’ll need to hang on to your investments for at least five years or longer.2. How do I start investing money? A long-term mentality when it comes to investing requires an outlook focused on the future and resilience towards bearing risk for potential rewards down the line. By thoroughly analysing all factors that would lead you to selling stock holdings you make sure they are helping to reach your long-term investments aims. Carrying out regular portfolio reallocation may help sustain desired objectives and tolerance levels towards investments over time. Portfolio rebalancing involves readjusting your asset weightings to stay consistent with the level of return https://immediate-edge-app.com/ and risk you are looking for. This could mean offloading assets that have grown in value while investing in those that have declined, so as to keep things aligned with what was originally intended.

It’s worth noting that Musk was a co-founder of X.com, which ultimately became PayPal (PYPL 0.45%) in the dot-com boom era. He was CEO of PayPal until 2000 and owned almost 12% of the company’s shares at one point. However, he no longer has a stake in PayPal, although he owned shares before the company was acquired by eBay (EBAY 1.98%) in 2002. Elon Musk reveals the 5 big investments that fuel his more than $160 billion net worth However, Musk’s strategy does highlight the potential benefits of having a core set of high-conviction investments alongside a broader, diversified base. This approach, sometimes called "core and satellite," can allow investors to potentially benefit from outsized returns while still managing overall portfolio risk. Musk’s influence extends into the cryptocurrency space, where he is dubbed the ‘DogeFather’ for his role in popularizing meme coin Dogecoin (DOGE). Musk has also invested heavily in Bitcoin (BTC) and Ethereum (ETH), with SpaceX and Tesla owning significant amounts of Bitcoin. Musk’s https://www.liberty.co.za/ tweets about cryptocurrencies can cause significant market fluctuations, showcasing his impact on digital assets. Musk’s approach to investments seems clear-cut, especially considering his public disclosures. While this can seem a bit “Terminator-esque,” the company’s first goal is to help quadriplegics interact with digital devices like computers and phones. Space Exploration Technologies Corp. (doing business as SpaceX) is an American aerospace manufacturer, a provider of space transportation services, and a communications corporation headquartered in Hawthorne, California. The company had a market value of about $1.2 trillion as of February 2025. The social media world changed a lot with Elon Musk’s purchase of Twitter. He owns about 44% of the space exploration technology company, which was valued at roughly $127 billion in sasol south africa ltd a May 2022 funding round. A natural question among investors is where Musk chooses to invest his money. Let’s take a look at the investments Musk owns (and the businesses he starts), the type of investments he avoids, and what investors should know about his strategy. Musk founded xAI in 2023 following the release of ChatGPT, with the goal of developing similar technology. The company has a close partnership with X, formerly Twitter, where it offers a chatbot known as Grok. CNN Business Videos Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. Musk’s critics say his actions defy Congress’s power to control the U.S. budget and present a host of ways for him to enrich himself. Musk leads several other companies, notably SpaceX, which conducts launches for NASA and the intelligence community, and the social media platform X. China has a history of coercing foreign companies reliant on its https://www.absa.co.za/ market into making compromises on matters concerning its national interests. On Feb. 1, the Trump administration imposed a 10% tariff on Chinese imports, prompting Beijing’s retaliation with tariffs on American coal, liquefied natural gas, agricultural equipment and crude oil. Relations who has monitored Musk’s views on China, I don’t find his long history of espousing pro-Chinese sentiment surprising, given that he has sought throughout to get a business hold in the country. In July 2022, Tesla said it had converted about 75 percent of its Bitcoin holdings into fiat currency, despite touting the long-term potential of Bitcoin a year earlier. Following the deal’s close in October 2022, Musk fired Twitter’s top executives. In March 2023, he announced that he hired NBCUniversal executive Linda Yaccarino to be Twitter’s new CEO. Warren Buffett’s Boldest Trades of 2024: The $550M Bet on This Stock Some ETPs carry additional risks depending on how they’re structured, investors should ensure they familiarise themselves with the differences before investing. You should familiarise yourself with these risks before trading on margin. But Musk’s business practices are unconventional and sometimes controversial. The Boring Company: Underground Transportation Innovation However, I think it is odd that the largest shareholder in Edinburgh Worldwide is actively disengaged with the strategy. We try to identify these special businesses and hold them as they grow and thrive. Mr Brodie, a backer of SpaceX, also tells Telegraph Money why Elon Musk’s new role in the administration of Donald Trump, the American president, is not a source of concern. These numbers will likely rise as Musk’s ventures keep expanding and innovating. SpaceX, one of Musk’s most ambitious ventures, is making big strides in space. Musk has said his top initiatives include sasol gas promoting free speech, publicly displaying the algorithms governing content, and transforming Twitter into an "everything app" called X. Sending you timely financial stories that you can bank on. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range, can also impact how and where products appear on this site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service. PayPal After receiving the Microsoft funding, however, the firm turned the business model around and became a for-profit firm. It also announced the commercial licensing of the technologies it had developed. Elon Musk has publicly criticized the OpenAI deal with Microsoft, noting in a September 2020 tweet that OpenAI had been “captured” by Microsoft. Elon Musk’s investment in DeepMind wasn’t about chasing profits—it was about staying ahead of the curve in artificial intelligence. Co-founded by Musk in 2010, DeepMind quickly made waves in AI research with its pioneering work in deep reinforcement learning, a technique that combines pattern recognition with reward-based learning.

Historically, these three main asset classes are stocks (equities), bonds (fixed-income), and cash equivalents (savings accounts, money market funds). However, investing options can also include real estate, commodities, cryptocurrencies, or other financial derivatives that could https://istorepreowned.co.za/ be added to the asset class mix. Because investing is oriented toward future growth or income, there is always a certain level of risk. A company may go bankrupt or interest rate fluctuations may affect bonds or real estate investments. By holding different products or securities, an investor may not lose as much money as they are not fully exposed in any one way. Investing is the act of putting money into assets like stocks, bonds, real estate, or commodities – anything where value can go up over time and generate more money over time. Do you already work with a financial advisor? High risk investments are those that have a relatively high chance of ending up with a loss. Junk bonds, sasol gas for example, carry a greater than average risk that the issuing company will default. Also called intelligent investing, it is a strategy that requires close market analysis and attention to the current events to see which stocks may be undervalued. Often compared to bargain-hunting – getting a pair of boots with an 80% discount. The key difference is that you do all the work, research, analysis; all your investments are separate; however, you can take complete control and responsibility. Bonds Wealth managers usually charge their clients a percentage of assets under management (AUM) as their fees. Commodities include metals, oil, grain, animal products, financial instruments, and currencies. They can either be traded through commodity futures—agreements to buy or sell a specific quantity of a commodity at a specified price on a particular future date—or ETFs. Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance and real estate and has assisted thousands of clients in meeting their financial goals over his career. It’s relatively straightforward to start investing and many sasol ltd investment platforms allow investors to start with small sums of money. How Is an Investment Different From Speculation? Regularly investing helps you take advantage of natural market fluctuations. When you invest a consistent amount over time, you buy fewer shares when prices are high and more shares when prices are low. Over time, this may help you pay less on average per share, a principle known as dollar-cost averaging. https://www.coronation.com/ And “dollar-cost averaging is unlikely to work if you are unwilling to continue investing during a downturn in the markets,” says Emery. What Are Some Types of Investments? On the other hand, you might feel better with a slower, more moderate rate of return, with fewer ups and downs. When you invest in bonds, you’re loaning money to the issuer for a fixed period of time. In return for your loan, the issuer will pay you a fixed rate of return as well as the money you initially loaned them. With advancements in technology, robo-advisors are capable of more than selecting investments. Develop a strategy outlining how much to invest, how often to invest, and what to invest in based on goals and preferences. At the low-risk end of the spectrum are basic investments such as certificates of deposit (CDs). When you sell an investment, however, it would be taxed differently as capital gains. With $1,000, you can invest in REIT stocks, mutual funds, or exchange-traded funds. Futures and options investing frequently involves trading with money you borrow, amplifying your potential for losses. That’s why buying commodities is typically for more experienced investors. People looking to invest in real estate without buying a property can instead buy shares in the real estate investment trusts (REITs). How are investments taxed? The content of this article is provided for information purposes only and is not intended to be, nor does it constitute, any form of tax advice. This information is intended to be educational and is not tailored to the investment needs of any specific investor. Our writing and editorial staff are a team of experts holding advanced financial designations and have written for most major financial media publications. Our work has been directly cited by organizations including Entrepreneur, Business Insider, Investopedia, Forbes, CNBC, and many others. What is investing? Mutual funds do not trade on an exchange and are valued at the end of the trading day; ETFs trade on stock exchanges and, like stocks, are valued constantly throughout the trading day. Mutual funds and ETFs can either passively track indices, such as the S&P 500 or the Dow Jones Industrial Average, or can be actively managed by fund managers. Risk and return go hand-in-hand in investing; low risk generally means low expected returns, while higher returns are usually accompanied by higher risk. At the low-risk end of the spectrum are basic investments such as certificates of deposit (CDs). https://www.easyequities.co.za/ Bonds or fixed-income instruments are higher up on the risk scale, while stocks or equities are regarded as riskier. You can let the experts do that for you when investing in mutual funds, but you have less say over which ones. Bonds are less vulnerable to market volatility; however, they do come with certain risks such as credit risk, repayment, or interest rate risk. Like stocks, corporate bonds are usually traded on an open market through brokers.

The SA Retail Bonds Fixed Deposit Interest Calculatorallows you to calculate how much interest you will earn for your desiredinvestment amount and fixed deposit term at Capitec. It takes into accountthe minimum deposits required and any applicable bonus rates you receiveif you are older than 55. https://deriv.com/ The FNB Fixed Deposit Interest Calculatorallows you to calculate how much interest you will earn for your desiredinvestment amount and fixed deposit term at Capitec. How many years do you plan to invest for? The Capitec Fixed Deposit Interest Calculatorallows you https://mutual-wealth.co.za/ to calculate how much interest you will earn for your desiredinvestment amount and fixed deposit term at Capitec. The tables above are standard tables that bear no relation to an actual quotation. They serve merely as an illustration of compound interest for financial planning purposes and do not take into account the details of the actual product that will be invested in. What is Return on Investment (ROI) Flexible unit trusts managed by expert investment managers and customised to your risk https://fnb.co.za/ and return requirements. The return on investment (ROI) is a fundamental efficiency statistic. You may use it to figure out if an investment is worth making, and you can also use it to compare investments with different ROIs. The information and content of this publication/presentation is provided by Allan Gray as general information about the company and its products and services. Your investment growth comes from the unit trust(s) you are invested in. The company, whose brands include Selati sugar and Sunbake bread, had been completing a portfolio review that included selling its frozen food business Vector Logistics and spinning off and listing its Rainbow Chicken poultry unit. Accumulated interest and dividends are included into the net final value, while investment costs like trading charges are subtracted. Earnings, interest, and dividends may all accumulate over time, making time a crucial aspect in determining an investment’s effectiveness. The app is designed to help you invest an appropriate amount and achieve your investment goal. Free financial calculators and tools In South Africa, Rateweb’s Return on Investment https://www.coronation.com/ calculator is frequently used to assess an investment’s profitability. The ROI Calculator figures out how much money you made or lost on an investment as a percentage of what you put in at first. Speak to your financial adviser before making an investment decision. SA Retail Bonds Fixed Deposit Calculator Movements in exchange rates may cause the value of underlying international investments to go up or down. The information provided is not intended to nor does it constitute financial, tax, legal, investment, or other advice. Before making any decision or taking any action regarding your finances, you should consult a qualified financial adviser. Nothing contained in this publication/presentation constitutes a solicitation, recommendation, endorsement or offer by Allan Gray, but is merely an invitation to do business.

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,