Who Are The Richest Men In South Africa 2021? – Find Out Here!
I know you have been wondering who would be the richest man in South Africa as of 2021. Well, you don’t have to bother yourself much because you are on the right platform which will give you detailed information about the list of richest men in South Africa as of 2021.
Richest Men In South Africa And Their Net Worth 2021
1. Nicky Oppenheimer – $7.3 Billion
Nicky Oppenheimer is the richest South African. At seventy-three, his net worth is a whopping 7.3 billion US dollars. He is the heir of his family’s investment; De Beers diamond mining group that was established in 1888, and has great control over the diamond industry. He sold 40% of the company’s share, which amounted to 5.1 billion US dollars, to another mining group; the Anglo American.
He also owns Fireblade Aviation, a fleet of three planes and a helicopter running chartered flights that significantly contributed to making him the richest man in South Africa in 2017. He also earns by owning the Tswalu Kalahari Reserve and pieces of conservation land in Southern Africa, the more reason why he tops the list of the South African billionaires.
2. Johann Rupert – $5.9 Billion
Johann Rupert is the second richest person in South Africa. He has a net worth of 5.9 billion US dollars. The sixty-eight-year-old tycoon deals in luxury goods. He is the chairman of Compagnie Financiere Richemont, a firm that deals with luxury goods from Swiss, and he is famous for brands like; Montblanc and Cartier.
He formed his company after selling assets from Remgro Limited, where he owns 7% shares. He also has a 25% share in Reinet, an investment holding company.
He also has a percentage of the Saracens English Rugby team and another company by the name, Anthonij Rupert Wines, which he chose to name after his brother. Being wealthy also comes with downfalls. One of Johann Rupert’s regrets in business is hesitating to acquire 50% of the shares of Gucci whose value was $175 million then.
3. Koos Bekker – $2.5 Billion
Koos Bekker is South Africa’s, third-richest man. His origin of wealth is the media and a couple of other investments. Koos Bekker is famous for transforming Naspers, a South African newspaper publisher. He changed Naspers into a cable TV powerhouse and an investor in e-commerce.
Through him, the company invested in Tencent, a Chinese Internet, and media firm, in 2001, and owns a 31% share of the company. Bekker serves as the non-executive director of Tencent, a position that he went back to in 2015 after retiring from the position of CEO in 2014. Koos Bekker has a net worth of 2.5 billion US dollars.
4. Patrice Motsepe – $2.4 Billion
Patrice Motsepe is the fourth richest man in the country and the richest black man in South Africa. He has accumulated his wealth from his mining business. He is the founder and the chairperson of African Rainbow Minerals. He became a billionaire in 2008 and was recognised as the first black African on Forbes.
Apart from earning a fortune from his mining business, Patrice also has a share in a finance firm called Sanlam. He also owns a football club; Mamelodi Sundowns Football Club. His rise in the mining business was significant in 1994 after he bought gold mine shafts. At the age of fifty-six, Patrice Motsepe has a net worth of 2.4 US billion dollars.
5. Allan Gray – $1.8 Billion
Allan WB Gray is South Africa’s fifth richest man. The business tycoon is an old student at Rhodes University. He is a business magnate, who is responsible for founding Allan Gray Investment Management. He has accumulated a net worth of 1.8 US billion dollars.
In as much as Allan Gray is in business to make profits, he also runs a non-profit organisation; Allan Gray Orbis Foundation and the Allan Gray Charitable Trust.
6. Michiel Le Roux – $1.3 Billion
Michael L Roux is among the richest men in South Africa who has accrued his wealth by investing in Capitec bank, where he is a board member. He founded the bank in 2001 and owns 11% of the bank’s share.
The bank is active on the Johannesburg capital market stock exchange. Michael has served as the chairman of the Capitec bank between 2007 and 2016. Before he got the position at the bank, he used to serve at Boland Bank that is located in Cape Town’s hinterland. Michael Le Roux has a net worth of 1.3 billion US dollars.
7. Stephen Saad – $1.2 Billion
Stephen Saad is South Africa’s top ten richest men and prominent businessman. He is also the chief executive and founder of Aspen Pharmacare. Aspen Pharmacare is famous for being the largest producer of generic medicine on the continent.
Before he got into the business, Stephen Saad attended the University of Natal to pursue his Bachelor’s degree in commerce, after which he relocated to Ireland and became a chartered accountant. Stephen has a whopping net worth of 1.2 US billion dollars.
8. Christoffel Wiese – $1.1 Billion
Christoffel Wiese is South Africa’s eighth richest man. Surprisingly, Christoffel has accumulated a bigger percentage of his wealth from the retail sector. He is the largest single shareholder of the biggest retail store as well as the chain of ‘Shoprite’ supermarket. He is also the chairman and a shareholder in Pepkor. In addition, he is a shareholder in other seven companies that trade publicly. Christoffel Wiese has a net worth of 1.1 US billion dollars.
9. Jannie Mouton – $1.06 Billion
Jannie Mouton is a prominent investor and a chartered account. He is the chairperson and founder of the PSG group, one of the most successful investment companies in South Africa. The company is famous for dealing in private equity, financial services, education, and agriculture.
Before Jannie Mouton actualised the idea of the PSG group, he had a bad experience while partnering at the Stockbroking firm Senekal, Mouton & Kitshoff. He was fired from the firm, despite him being the co-founder. Jannie Mouton has a net worth of 1.06 billion US dollars.
10. Laurie Dippenaar – $650 Million
Speaking of a self-made millionaire, Laurie Dippenaar is one of such men. He is the tenth richest man in South Africa. Apart from being a chartered accountant, he is a businessman, a banker, and an investor. He collaborated with GT Ferreira and together, they co-founded FirstRand Limited; one of the high street banks in South Africa. He has a net worth of 650 million US dollars.
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