Patrice Motsepe Net Worth
Patrice Motsepe has an estimated net worth of $3.2B, he has made his fortune primarily through his work in the mining industry. Born in 63 years old, Patrice Motsepe is a mining magnate based in South Africa.
A trailblazer in the South African mining sector, Patrice Motsepe has carved out a remarkable success story through his company, African Rainbow Minerals (ARM). Demonstrating exceptional entrepreneurial drive, Motsepe transformed a modest mining services business into a diversified mining giant with interests in platinum, gold, ferrous metals, and coal. His journey is particularly noteworthy as he was one of the first black South Africans to enter the mining industry at a senior level following the end of apartheid. Beyond his business achievements, Motsepe is also recognized for his philanthropic commitments through the Motsepe Foundation, which supports education, healthcare, and poverty alleviation initiatives. Furthermore, his passion for sports is evident in his ownership of the Mamelodi Sundowns Football Club, one of the most successful teams in South Africa.
Wealth Details
Detail | Value |
---|---|
Estimated Net Worth | $3.2B |
Occupation | Mining Magnate |
Primary Industry | Mining |
Primary Company | African Rainbow Minerals |
Country of Residence | South Africa |
Age | 63 years old |
Information Source | Forbes |
Last Updated | 2025-05-15 |