Monday, 24 June 2024

Patrice Tlhopane Motsepe, Founder, African Rainbow Minerals

South Africa

Champion's Profile

Net Worth $1.92 billion Patrice Tlhopane Motsepe is a South African billionaire mining businessman. He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum. He sits on several company boards including being the non-executive chairman of Harmony Gold, the world's 12th largest gold mining company, and 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 ($2.5 billion).



Description and impact

The Foundation focuses on initiatives and projects that will assist the beneficiaries to become self-sustaining and independent. They are committed to promoting non-racialism in South Africa; by respecting diversity and encouraging people of all races, faiths and cultures to join hands towards the development of South Africa and the rest of Africa. The foundation works with and encourage Governments on the African continent to develop economies that support efforts aimed at addressing Poverty alleviation, education, inequality, unemployment and improving health outcomes.