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Patrice Motsepe

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In 2003, Motsepe created Ubuntu-Botho Investments (UBI) (and in 2019 he owned 55% of it). In 2004 UBI entered into a BEE deal with insurance and financial services company Sanlam. That deal ended in 2014 when the debt had been paid and UBI acquired 13.5% of Sanlam but UBI has a 18.1% voting stake in
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joined with Harmony Gold Mining Ltd. and the company's name changed to ARMgold. Motsepe is also the founder of African Rainbow Minerals Platinum (Proprietary) Limited and ARM Consortium Limited, which later equally split ownership with Anglo American Platinum Corp Ltd. From 2005, Motsepe was Chairman
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In November 2020, Motsepe announced that he would become a candidate to become CAF's president. Quickly accused of being actively supported by FIFA - despite its duty of reserve and neutrality - and its President Gianni Infantino, who would seek to obtain the votes of Africa for future re-election,
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and entrepreneurship; Motsepe founded Future Mining, which provided contract mining services that included the cleaning of gold dust from inside mine shafts for the Vaal Reefs Gold mine, and implemented a system of worker remuneration that combined a low base salary with a profit-sharing bonus.
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of Teal Exploration and Mining Incorporated. Motsepe is also chairman of Ubuntu-Botho Investments, Non-Executive chairman of Harmony Gold Mining Co Ltd. and deputy Chairman of Sanlam Ltd. Motsepe has been president of South Africa's Chamber of Commerce and Industry.
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Sanlam as its BEE partner. UBI then started African Rainbow Capital (ARC), a wholly owned subsidiary of UBI. ARC's joint chief executive is Johan van Zyl, former executive of Sanlam. ARC has holdings in more than 40 companies, including
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that "Africa loves him". Faced with the indignant reactions that this statement provoked throughout the African continent, the billionaire apologised, explaining "I do not have the right to speak on behalf of anybody except myself".
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In 2011, he was named the interim chairman of the Black Business Council, and is a founding member and former president of one of South Africa's most influential business advocacy and lobby group Business Unity SA (BUSA).
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Motsepe was elected on 12 March 2021, after that all four other candidates had withdrawn their candidacies. His son Thlopie Motsepe took over as Mamelodi Sundowns new chairman after he became a new president of CAF.
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under favourable finance terms. AngloGold sold Motsepe six gold mine shafts for $ 7.7 million allowing him to repay the debt out of the future earnings of the company now known as African Rainbow Minerals.
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This was repeated in a string of deals and Motsepe set up a firm to begin buying the operating mines that would become the source of his wealth. In 1999 he teamed up with two of his associates to form
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and batteries to residential customers. GoSolr, a collaboration between African Rainbow Capital Investments Ltd. (a branch of Motsepe's Ubuntu-Botho Investments) and
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which was popular with mine workers. It was from this shop that Motsepe learned basic business principles from his father, as well as first-hand exposure to mining.
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capacity. Initially capable of producing 70 megawatts, the company plans to expand its capacity to about 500 megawatts over a four-year period.
1018: 225:(born 28 January 1962) is a South African billionaire businessman and football administrator. Since March 2021, he has been president of the 528:
In 2017, on its 100th anniversary edition, Forbes Magazine honored Motsepe as one of the “100 Greatest Living Business Minds” in the world.
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sector, addressing South Africa’s energy shortages. He supported the establishment of GoSolr, a company specializing in renting
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In January 2020, at a World Economic Forum dinner in Davos, Patrice Motsepe publicly told the US Former President
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club. In November 2019, Motsepe bought a 37% stake in the Blue Bulls Co. The other major shareholders are
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Billionaire Sir Patrice Motsepe Remains South Africa' Richest Man, As Mining Sector Influence Rich List
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In January 2024, Motsepe was named Africa's 9th richest man and South Africa's 3rd richest man after
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Motsepe won South Africa's Best Entrepreneur Award in 2002. In 2004, he was voted 39th among the
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was elected as the country's first black president. While the new government began promoting
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by CNBC Africa alongside Koos Bekker, with an estimated net worth of $ 2.7 billion.
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In May 2024, Motsepe was ranked as the 1,175th-wealthiest person in the world by
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In 2020, Motsepe was ranked as the 1,307th-wealthiest person in the world by
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In 2024, Patrice Motsepe extended his investment portfolio to include the
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Patrice Motsepe at World Economic Forum on Africa, June 2015, Cape Town
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In 1994, he became the first black partner in the law firm
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In 1997, with gold prices at a low, he purchased marginal
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Since 2004, Motsepe has been a non-executive director of
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Augustine Motsepe, a chief of the Mmakau branch of the
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Presidents of the Confederation of African Football
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Presidents of the Confederation of African Football
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Archived from 500: 480:(37%) and Blue Bulls Rugby Union (26%). 443: 836:"Patrice Motsepe: a rare success story" 769:, Ventures Africa, 2012, archived from 1587:University of the Witwatersrand alumni 1539: 1206:, 18 May 2018. Accessed 22 March 2019. 915: 661: 511:South African Broadcasting Corporation 1335: 967: 1271:Naidoo, Prinesha (28 January 2020). 1016: 118:Orlando West, Soweto, Johannesburg. 13: 412:, the pension fund administrator. 386:In 2002 when it was listed on the 14: 1608: 1287: 1247:"Forbes profile: Patrice Motsepe" 968:Njini, Felix (22 November 2019). 568:, and the brother-in-law of both 227:Confederation of African Football 1319:African Rainbow Minerals website 551: 1592:Association football executives 1304:Patrice Motsepe's ups and downs 1264: 1210: 1195: 1165: 1140: 1114: 1088: 1062: 1036: 1010: 984: 961: 942:Sguazzin, Antony (2 May 2024). 935: 916:Crotty, Ann (24 January 2019). 854: 828: 803: 363:Greene and Partners Investments 310:University of the Witwatersrand 233:, which has interests in gold, 192:University of the Witwatersrand 137: 1324:'Nationalise Motsepe's wealth' 888:"AFRICAN RAINBOW MINERALS LTD" 791:Patrice Motsepe | Who's Who SA 784: 757: 731: 705: 691: 636: 610: 589: 538: 496: 1: 1582:University of Eswatini alumni 582: 289:Patrice Motsepe was born to 1572:South African businesspeople 416:Renewable Energy Investments 398: 7: 1562:South African Tswana people 487: 10: 1613: 1567:South African billionaires 1315:(archived 3 November 2006) 1312:Black Entrepreneur Profile 1177:Thomas White International 1102:(in French). 11 March 2021 1076:(in French). 12 March 2021 556:Motsepe is married to Dr. 370:Black Economic Empowerment 308:and a law degree from the 1475: 1369: 796:16 September 2013 at the 344: 323: 216: 205: 197: 181: 155: 147: 122: 98: 93: 89: 77: 65: 54: 46: 42: 30: 23: 16:South African businessman 1306:(archived 13 March 2016) 523:The World's Billionaires 468:Motsepe is the owner of 439: 430:Standard Bank Group Ltd. 392:African Rainbow Minerals 285:Early life and education 231:African Rainbow Minerals 223:Patrice Tlhopane Motsepe 211:African Rainbow Minerals 201:Philanthropist, Advocate 103:Patrice Tlhopane Motsepe 306:University of Swaziland 188:University of Swaziland 1557:People from Ga-Rankuwa 506: 470:Mamelodi Sundowns F.C. 465: 972:. Bloomberg. Moneyweb 504: 474:Premier soccer league 450:CAF Confederation Cup 447: 388:JSE Security Exchange 1413:Abdel Halim Muhammad 1403:Yidnekatchew Tessema 1393:Abdel Halim Muhammad 1384:Abdel Aziz Moustafa 1222:www.forbesafrica.com 861:Jacopo Prisco, for. 773:on 21 September 2014 515:Great South Africans 448:Motsepe handing the 332:—the same year that 312:. He specialised in 247:World Economic Forum 1446:(2020–2021, acting) 1294:What a lot he's got 1183:on 16 February 2018 678:www.whoswhosa.co.za 259:In 2013, he joined 1481:Presidents of FIFA 894:on 11 October 2012 507: 466: 1534: 1533: 1224:. 3 November 2017 948:www.bloomberg.com 745:. 30 January 2013 674:"whoswhosa.co.za" 338:black empowerment 272:Nicky Oppenheimer 261:The Giving Pledge 254:Mamelodi Sundowns 220: 219: 172:(brother-in-law) 1604: 1525: 1518: 1511: 1504: 1497: 1490: 1483: 1468: 1467: 1458: 1457: 1448: 1447: 1438: 1437: 1428: 1427: 1418: 1417: 1408: 1407: 1398: 1397: 1388: 1387: 1380: 1379: 1375:Abdel Aziz Salem 1356: 1349: 1342: 1333: 1332: 1281: 1280: 1268: 1262: 1261: 1259: 1257: 1243: 1234: 1233: 1231: 1229: 1214: 1208: 1199: 1193: 1192: 1190: 1188: 1179:. 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143: 140: 1989) 135: 131: 117: 114: 113:28 January 1962 108: 106: 105: 104: 78: 72: 66: 61: 38: 37:Motsepe in 2009 26: 25:Patrice Motsepe 17: 12: 11: 5: 1610: 1600: 1599: 1594: 1589: 1584: 1579: 1574: 1569: 1564: 1559: 1554: 1549: 1532: 1531: 1529: 1528: 1527: 1526: 1519: 1512: 1505: 1498: 1491: 1476: 1473: 1472: 1470: 1469: 1466:(2021–present) 1459: 1449: 1443:Constant Omari 1439: 1429: 1419: 1409: 1399: 1389: 1381: 1370: 1367: 1366: 1359: 1358: 1351: 1344: 1336: 1330: 1329: 1321: 1316: 1307: 1301: 1289: 1288:External links 1286: 1283: 1282: 1263: 1235: 1209: 1194: 1164: 1139: 1113: 1087: 1061: 1035: 1009: 983: 960: 934: 905: 879: 853: 842:. 24 July 2013 827: 802: 783: 756: 730: 704: 690: 660: 635: 609: 587: 586: 584: 581: 562:Tshepo Motsepe 558:Precious Moloi 553: 550: 540: 537: 498: 495: 489: 486: 441: 438: 417: 414: 400: 397: 346: 343: 334:Nelson Mandela 325: 322: 286: 283: 235:ferrous metals 218: 217: 214: 213: 207: 203: 202: 199: 195: 194: 185: 179: 178: 160:Tshepo Motsepe 157: 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Index


President of CAF
Incumbent
Ahmad Ahmad
Precious Moloi
Tshepo Motsepe
Bridgette Radebe
Cyril Ramaphosa
Jeff Radebe
Alma mater
University of Swaziland
University of the Witwatersrand
African Rainbow Minerals
Confederation of African Football
African Rainbow Minerals
ferrous metals
Harmony Gold
Sanlam
World Economic Forum
Mamelodi Sundowns
The Giving Pledge
Johan Rupert
Nicky Oppenheimer
Kgosi
Tswana people
Spaza shop
University of Swaziland
University of the Witwatersrand
mining
business law

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