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Patrice Motsepe: How he made his billions | Latest News | 2022

Patrice Motsepe is a South African billionaire who has made a fortune estimated by Forbes to be in the region of US$ 2.6 billion. His fortune has come from investments in the mining industry through a company he founded in 1997 called African Rainbow Minerals Limited. African Rainbow Minerals is involved in the mining of gold, …

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Caf's Patrice Motsepe

Mining companies had to have at least 26% black ownership before a mining licence would be granted. Ever since, Motsepe's mining empire has grown and now has interests in cobalt, nickel, iron ore ...

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African Rainbow Minerals (ARM) » DR PATRICE …

In 1994 Dr Motsepe founded Future Mining which grew rapidly to become a successful contract mining company. He then formed ARMgold in 1997 which listed on the JSE in …

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All the companies billionaire Patrice Motsepe owns

Motsepe's rapid ascent in mining led to the 2002 public offering of African Rainbow Minerals (ARM), a company with diverse mining interests in platinum, coal, iron, copper, and gold.

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Board | Harmony Gold Mining Company Limited

Registration no. 1950/038232/06 VAT no. 4380103194. Tel: +27 11 411 2000 Fax: +27 11 692 3879. Randfontein Office Park, Corner Main Reef Road & Ward Avenue,

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All the companies billionaire Patrice Motsepe owns

Following his success in the mining sector, Motsepe started African Rainbow Capital (ARC) in 2015. Through ARC Investments, Motsepe has a shareholding in many of South Africa's top financial, …

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7 companies owned by Africa's first Black billionaire, …

Patrice Motsepe is a South African businessman, mining magnate, and philanthropist. He was born on January 28, 1962, in Soweto, South Africa. Motsepe is the founder and …

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Caf's Patrice Motsepe

Mining companies had to have at least 26% black ownership before a mining licence would be granted. Ever since, Motsepe's mining empire has grown and now has interests in cobalt, …

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11 things to know about Patrice Motsepe, Africa's first Black

Abu Mubarik December 21, 2022. Patrice Motsepe. Photo Credit: AFP/Getty Images. Patrice Motsepe is a South African billionaire with a net worth of $2.7 billion. In 2008, he became the first Black ...

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African Rainbow Minerals

The company also has shares in Harmony mines through which it has gold investments. History. Started by South African entrepreneur Patrice Motsepe in 1997, ARMGold was the first mining company in South Africa owned by a black person. In 2002 Motsepe listed the company on the Johannesburg Stock Exchange (JSE). The following year he formed a ...

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Meet The Wife and Children of Patrice Motsepe

While Patrice Motsepe was making strides in his career in the early 90s; becoming the first black partner in the law firm Bowman Gilfillan and founding the mining services company, Future Mining ...

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Dr Patrice Motsepe | Harmony Gold Mining Company Limited

Dr Patrice Motsepe was appointed non-independent non-executive chairman on 23 September 2003. In 1994, Dr Motsepe founded Future Mining which grew rapidly to become a successful contract mining company. He then formed ARMgold in 1997 which listed on the JSE in 2002. Dr Motsepe led ARMgold into a merger with Avmin …

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How Africa's First Black Billionaire Lost $900M In 2023

Motsepe stands to bring in $56.5 million from his stake in the company by Oct. 9, nearly half of his dividends from last year. Still, the mining juggernaut holds an impressive array of investments ...

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Patrice Motsepe

Patrice Motsepe is a South African billionaire who has made a fortune estimated by Forbes to be in the region of US$ 2.6 billion. His fortune has come from investments in the mining industry through a company he founded in 1997 called African Rainbow Minerals Limited. African Rainbow Minerals is involved in the mining of gold, …

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Patrice Motsepe

In 1994 Dr Motsepe founded Future Mining which grew rapidly to become a successful contract mining company. He then formed ARMgold in 1997 which listed on the JSE in 2002. In 2003 Dr Motsepe led ARMgold into a merger with Avmin and Harmony Gold.

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The four big challenges facing Patrice Motsepe, Africa's new …

South African mining magnate Patrice Motsepe is set to become the eighth president of CAF – the Confederation of African Football – since 1957. He'll take over from Ahmad Ahmad after a two ...

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South African Billionaire Patrice Motsepe And Norilsk Nickel

South African billionaire Patrice Motsepe is shutting down a struggling mining asset his African Rainbow Minerals co-owns with Norilsk Nickel of Russia. On the 1 st of July Motsepe reportedly sent ...

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MOTSEPE MINING SUPPLIERS (PTY) LTD Company Profile

MOTSEPE MINING SUPPLIERS (PTY) LTD Company Profile | WITBANK, Mpumalanga, South Africa | Competitors, Financials & Contacts - Dun & Bradstreet MOTSEPE MINING SUPPLIERS (PTY) LTD. D&B Business Directory HOME / BUSINESS DIRECTORY / MINING, QUARRYING, AND OIL AND GAS EXTRACTION / SUPPORT ACTIVITIES …

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Businesses Owned By Patrice Motsepe

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. Motsepe was named South Africa's 5th richest man by Forbes with an estimated fortune of R33.9 billion. Below are some of the businesses owned by Patrice …

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Dr Patrice Motsepe | Harmony Gold Mining …

In 1994, Dr Motsepe founded Future Mining which grew rapidly to become a successful contract mining company. He then formed ARMgold in 1997 which listed on the JSE in 2002. Dr Motsepe led …

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Patrice Tlhopane Motsepe | South African Billionaire, …

Patrice Tlhopane Motsepe, (born Jan. 28, 1962, Soweto, S.Af.), South African businessman and the country's first black billionaire. Motsepe …

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Patrice Motsepe: Family, Net Worth, Companies, Properties …

Profession. Mining. Patrice Motsepe is a renowned South African mining billionaire businessman who has significantly impacted the business and sports worlds. Patrice Motsepe has a net worth of $2.3B, making him the third richest man in South Africa and the ninth richest person in Africa according to the 2023 Forbes list of world billionaires.

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Motsepe's mine in reparation row

Mining magnate Patrice Motsepe 's Nkomati mine in Mpumalanga has been accused of failing to compensate people correctly. The former residents have now approached the Human Rights Commission (HRC ...

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Meet Bridget Motsepe-Radebe, South Africa's first …

Harboring bigger dreams, Motsepe-Radebe would go on to launch Mmakau Mining, one of Africa's most significant mining companies, making her the first black South African deep-level …

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The Prince of Mines

Over 15 years Motsepe, preaching free market capitalism, turned a low-level mining services business into the country's first black-owned mining company, African Rainbow Minerals, with 2007 ...

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Results, results, results needed from Transnet partnership, Motsepe …

The partnership of South Africa's mining industry and State-owned rail enterprise Transnet must translate into "results, results, results", African Rainbow Minerals executive chairperson Dr ...

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Patrice Motsepe's energy firm is involved in half of all the …

Patrice Motsepe is the chairperson of African Rainbow Energy and Power. Gallo Images Billionaire mining magnate Patrice Motsepe's African Rainbow Energy and Power (AREP) has continued its expansion into SA's renewable energy sector, after the consortium it forms part of won just under half of the projects awarded in the state's latest …

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and one thing they have in common

Five dollar billionaires reside in South Africa – Johann Rupert, Nicky Oppenheimer, Patrice Motsepe, Koos Becker, and Michiel Le Roux. ... the world's leading diamond mining company ...

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Commitment to green economy is crucial, says …

JOHANNESBURG (miningweekly) – Diversified mining company African Rainbow Minerals (ARM) has reiterated its commitment to transitioning from coal …

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Patrice Motsepe's ARM pays $220 million for Bokoni …

African Rainbow Minerals (ARM), the South African mining company founded by billionaire Patrice Motsepe, is acquiring the Bokoni platinum mine for R3.5 billion ($220 million) in cash. The mine was earlier shut down by Anglo American Platinum (Amplats) and Atlatsa Resources (Atlatsa Resources).

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