Patrice Motsepe

$3.77 B

Ranked #1098 in World

About Patrice Motsepe

Renowned South African billionaire, Patrice Motsepe, chairs African Rainbow Minerals, with investments in precious metals and serves as Harmony Gold's non-executive chairman. With a law background, Motsepe became a mining industry titan, advocating for BEE and philanthropy through The Giving Pledge. The CAF president, born to a tribal leader, faced critique for endorsing Trump, yet remains an influential football and corporate figure in Africa.

Born

January 28, 1962 in Ga-Rankuwa, Pretoria, South Africa

Age

64 years

Source Of Wealth

Mining

Industries

Metals & Mining

Citizenship

South Africa

Residence

Johannesburg

Spouse

Precious Moloi

Children

Patrice Tlhopane Motsepe was born on January 28, 1962, in Soweto, South Africa. He is the son of Kgosi Augustine Motsepe, a chief and businessman. Patrice Motsepe's early life was shaped by the apartheid system in South Africa, which limited opportunities for black individuals. Despite these challenges, he excelled academically and earned a Bachelor of Arts degree from the University of Swaziland.

Patrice Motsepe: Family

Patrice Motsepe is married to Dr. Precious Moloi, a physician and fashion entrepreneur. They have three children together. Motsepe's brother, Tshepo Motsepe, is also a successful businessman and the founder of African Rainbow Capital. His sister, Bridgette Radebe, is married to President Cyril Ramaphosa, and his brother-in-law is Minister Jeff Radebe.

Patrice Motsepe: Career Highlights

Patrice Motsepe's career highlights include becoming the first black partner in the law firm Bowman Gilfillan in 1994. He founded Future Mining, providing contract mining services, and later purchased marginal gold mines from AngloGold in 1997, forming African Rainbow Minerals (ARM). Motsepe played a crucial role in cementing his position in South Africa's mining industry through Black Economic Empowerment (BEE) laws.

Patrice Motsepe: Companies

Patrice Motsepe is the founder and executive chairman of African Rainbow Minerals (ARM), a leading mining company with interests in gold, ferrous metals, base metals, and platinum. He is also the non-executive chairman of Harmony Gold, the world's 12th largest gold mining company, and the deputy chairman of Sanlam, a financial services group. Motsepe owns football club Mamelodi Sundowns F.C. and acquired a stake in the Blue Bulls Co.

Patrice Motsepe: Major Achievements

Patrice Motsepe's major achievements include building African Rainbow Minerals into a successful mining company and becoming the first black African to own a gold mine in South Africa. He is also recognized for his philanthropic efforts, having committed to giving half of his wealth to charitable causes through The Giving Pledge.

Patrice Motsepe: Awards & Achievements

Patrice Motsepe has received numerous awards and recognitions for his contributions to business and society.

He won South Africa's Best Entrepreneur Award in 2002 and was voted 39th among the South African Broadcasting Corporation's Great South Africans in 2004. Motsepe is consistently ranked among the world's wealthiest individuals by Forbes.

Patrice Motsepe: Personal Life & Legacy

Patrice Motsepe is known for his humble and down-to-earth personality. He is passionate about giving back to society and has established the Motsepe Foundation to support various charitable initiatives. Motsepe's legacy lies in his entrepreneurial success, his commitment to social justice, and his role in transforming the South African mining industry.

Patrice Motsepe: Trivia

Patrice Motsepe is a sports enthusiast and owns football club Mamelodi Sundowns F.C. He also acquired a stake in the Blue Bulls Co., a South African rugby union team. Motsepe is known for his public support of former US President Donald Trump, which generated controversy in Africa.

Wealth History

Timeline

January 28, 1962

Patrice Tlhopane Motsepe was born.

1994

Motsepe became the first black partner in the law firm Bowman Gilfillan.

1997

Motsepe founded Future Mining, providing contract mining services.

1997

Motsepe purchased marginal gold mines from AngloGold, forming African Rainbow Minerals.

2002

Motsepe won South Africa's Best Entrepreneur Award.

2004

Motsepe was voted 39th among the South African Broadcasting Corporation's Great South Africans.

2004

Motsepe became a non-executive director of Absa Group and Sanlam.

2021

Motsepe became the President of the Confederation of African Football (CAF).

Patrice Motsepe : FAQs

What is Patrice Motsepe's current net worth?

Patrice Motsepe's current net worth is $3.77 billion.

What is Patrice Motsepe's current global rank among billionaires?

Patrice Motsepe holds the 1098th position globally among billionaires.

What is Patrice Motsepe's current ranking within the South Africa?

Patrice Motsepe holds the 3rd position in South Africa.

What was the change in Patrice Motsepe's net worth compared to the previous year?

Patrice Motsepe's net worth decreased by 10.45 million dollars compared to the previous year 2025, when his net worth was 3.78 billion dollars.

What is the recent change in Patrice Motsepe's net worth?

Patrice Motsepe's net worth increased by 28.91 million dollars recently, a 0.77% increase, with his net worth standing at 3.77 billion dollars.

What are Patrice Motsepe's main sources of wealth?

Patrice Motsepe's main source of income comes from Mining.

In which industry does Patrice Motsepe primarily operate?

Patrice Motsepe is primarily involved in the Metals & Mining industry.

How old is Patrice Motsepe?

Patrice Motsepe is 64 years old.

How many children does Patrice Motsepe have?

Patrice Motsepe has 3 children.

Who is Patrice Tlhopane Motsepe and what are his major business interests?

Patrice Tlhopane Motsepe is a South African billionaire businessman and football administrator, who founded and is the executive chairman of African Rainbow Minerals (ARM), with interests in gold, ferrous metals, base metals, and platinum. He also serves as the non-executive chairman of Harmony Gold and is the deputy chairman of Sanlam.

What roles does Patrice Motsepe hold in the world of football?

Patrice Motsepe is the President of the Confederation of African Football (CAF) since March 2021 and the owner of the South African football club Mamelodi Sundowns F.C.

How has Patrice Motsepe contributed to education, and what is his commitment to charitable causes?

Patrice Motsepe earned a Bachelor of Arts degree from the University of Swaziland and a law degree from the University of the Witwatersrand. He is committed to giving half of his wealth to charitable causes through The Giving Pledge.

What notable recognitions has Patrice Motsepe received for his entrepreneurial success?

Patrice Motsepe has received numerous recognitions, including South Africa's Best Entrepreneur Award in 2002, a ranking of 39th among the South African Broadcasting Corporation's Great South Africans in 2004, and he has been listed among the world's wealthiest individuals by Forbes.

What is known about Patrice Motsepe's family and personal relationships?

Patrice Motsepe is married to Dr. Precious Moloi, a physician and fashion entrepreneur, and has three children. He is the brother of Tshepo Motsepe and Bridgette Radebe, and his brother-in-law is President Cyril Ramaphosa and Minister Jeff Radebe.