#10 Patrice Motsepe
South Africa’s Patrice Motsepe is the 10th richest person in Africa with a net worth of $2.6 billion.
Motsepe is the founder and chairman of African Rainbow Minerals. He became a billionaire in 2008 – the first black African on the Forbes list.
In 2016, he launched a new private equity firm, African Rainbow Capital, focused on investing in Africa. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club.
