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Top Six Richest People in South Africa in 2024
Here is a more detailed look at the six wealthiest individuals in South Africa, ranked according to their net worth:
Name |
Net Worth |
Industry |
Age |
|---|---|---|---|
Johann Rupert & Family |
$10.7 billion |
Luxury goods |
73 |
Nicky Oppenheimer & Family |
$9.5 billion |
Diamonds |
78 |
Koos Bekker |
$2.7 billion |
Media, investments |
71 |
Patrice Motsepe |
$2.6 billion |
Mining |
62 |
Michiel Le Roux |
$1.2 billion |
Banking |
74 |
Christoffel Wiese |
$1.2 billion |
Retail |
82 |
1. Johann Rupert & Family
Johann Rupert is a prominent figure in the international luxury goods sector, known for his leadership as the chairman of Compagnie Financiere Richemont, headquartered in Switzerland, and Remgro, a prominent South African company. He has amassed considerable wealth through his ownership of these companies, which are acclaimed for their exquisite jewelry, high-end watches, and other luxury products. While recent market fluctuations have led to a 1.43% decrease in his net worth, Johann Rupert continues to wield significant influence in the global luxury market.
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2. Nicky Oppenheimer & Family
Nicky Oppenheimer, formerly the chairman of De Beers, the biggest diamond mining company in the world, sold his family’s 40% share in the company to Anglo American in 2012. However, due to his significant investments, he still wields considerable influence in the sector. His wealth has recently increased slightly by 0.09%.
3. Koos Bekker
Koos Bekker is famous for converting Naspers, a conventional print company, into a digital leader interested in global internet and entertainment sectors. Bekker’s astute investment in the Chinese internet and tech firm Tencent has generated substantial profits. It has positioned him as a forward-thinking strategist with a talent for anticipating technology trends. His fortune has experienced a slight uptick.
4. Patrice Motsepe
Patrice Motsepe, the creator and chairman of African Rainbow Minerals, has accumulated significant wealth in the mining sector. His interests lie in gold, platinum, and base metals. He has effectively managed the mining industry’s unpredictable nature, especially during fluctuating commodity prices. Recently, his net worth has seen a 1.68% increase. He has committed to contribute half of his wealth to enhance the living conditions of the less privileged in South Africa.
5. Michiel Le Roux
Michiel Le Roux, who established Capitec Bank, changed South African banking by prioritizing affordability and accessibility. Nevertheless, the recent financial losses highlight the difficulties encountered by the banking industry in South Africa.
6. Christoffel Wiese
Christoffel Wiese, a prominent figure in the investment world, has made a name for himself as a shrewd investor in the retail industry. With significant holdings in Shoprite, a major player in Africa’s supermarket and furniture retail sectors, Wiese has established himself as a key figure in the market. While there has been a recent decrease in his net worth, Wiese’s influence in the retail industry remains substantial.
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