Patrice Motsepe

by 24/09/2012 07:34:00 0 comments 2601 Views
Patrice Motsepe

Net Worth:$2.7 Billion – As of March 2012

Source: Mining, self-made

Age:50 ,Citizenship: South Africa , Residence: Johannesburg, South Africa

Marital Status: Married, Children:3

Patrice Motsepe is South Africa’s third-richest person, worth $2.7 billion. He made his money in mining and is the 442nd richest person in the world. His money is the result of the purchasing of low-producing gold mine shafts in 1994, which he made profitable. Since then, he has built African Rainbow Minerals, benefiting as a result of South Africa’s Black Economic Empowerment (BEE) laws. He also owns a stake in Sanlam.