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Patrice Motsepe


  Male      South African      Business Person

  Born : Jan 28, 1962  


About Author

Patrice Tlhopane Motsepe (born 28 January 1962) is a South African mining magnate. He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum. He also sits on several company boards including being the non-executive chairman of Harmony Gold, the 12th largest gold mining company in the world, and is the deputy chairman of Sanlam. In 2012, Motsepe was named South Africa's richest man, topping the Sunday Times' annual Rich List with an estimated fortune of R20.07 billion ($2.4 billion).

In 2003, he became the owner of football club Mamelodi Sundowns.

In 2013, he joined The Giving Pledge, committing to give half his wealth to charitable causes.

Patrice was born to Augustine Motsepe, a schoolteacher turned small businessman, who owned a Spaza shop popular with black mine workers. It was from this shop that Motsepe learnt basic business principles from his father as well as first hand exposure to mining...


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