Sunday, 4 December 2022

Patrice Motsepe, Co-Founder Motsepe Foundation

South Africa

Champion's Profile

Net worth $2.5 billion, Patrice Tlhopane Motsepe (born 28 January 1962) is a South African mining businessman and billionaire. He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum.


Education, Innovation and Economic Development

Description and impact

The Motsepe Foundation was founded in 1999 by Mr. Patrice Motsepe and Dr Precious Moloi-Motsepe. In 2013 the Motsepe family was the first on the African continent to join the Giving Pledge, started by Bill and Melinda Gates and Warren Buffet. The Foundation was founded on the philosophy of ‘ubuntu’, the African concept of giving and caring for your neighbor and other members of your community.