Forbes: Top 5 Richest People in South Africa 2021: Their Age, Business and Net Worth

According to 2021 Forbes ranking, Nicholas F. Oppenheimer is the richest person in South Africa. His net-worth is estimated at $8 billion.

According to 2021 Forbes ranking, Nicholas F. Oppenheimer is the richest person in South Africa. His net-worth is estimated at $8 billion.

 

The second richest in South Africa is Johann Rupert. He is the chairman of Swiss luxury goods firm Compagnie Financiere Richemont, the company is best known for the brands Cartier and Montblanc. He is currently worth an estimated $7.2 billion.

According to Forbes there are 5 billionaires in South Africa. Altogether they are worth $22.2 billion, slightly more than the aggregate worth of the 5 billionaires on last year’s list of South Africa’s richest people.

The Top 5 Richest People in South Africa, their Age, Business and Net Worth

 

1. Nicky Oppenheimer

Net Worth: $8 Billion
Country: South Africa
Source of Wealth: Diamonds
Age: 75

Nicholas F. Oppenheimer is a South African billionaire businessman, philanthropist and the richest man in South Africa. He was formerly the chairman of De Beers diamond mining company and of its subsidiary, the Diamond Trading Company, and former deputy chairman of Anglo American.

Nicholas Oppenheimer’s grandfather is the first generation to chair De Beers (an international corporation that specialises in diamond exploration, diamond mining, diamond retail, diamond trading and industrial diamond manufacturing sectors), from 1929.

Oppenheimer, heir to his family’s fortune, sold his 40% stake in diamond firm DeBeers to mining group Anglo American for $5.1 billion in cash in 2012.

He is currently running Fireblade Aviation, an aviation company he started in 2014 based in Johannesburg which operates chartered flights with its fleet of 3 planes and 2 helicopters.

2. Johann Rupert

Net Worth: $7.2 Billion
Country: South Africa
Source of Wealth: luxury goods
Age: 70

Johann Peter Rupert is a South African-born entrepreneur, and the eldest son of business tycoon Anton Rupert.

Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont, the company is best known for the brands Cartier and Montblanc. He owns a 7% stake in diversified investment firm Remgro, which he chairs, as well as 25% of Reinet, an investment holding co. based in Luxembourg.

Together with his family, he was estimated to be worth $7.2 billion as at January 2021, and was ranked as the second wealthiest person in South Africa and the fourth richest in Africa on the Forbes Africa’s Rich List for 2021.

3. Patrice Motsepe

Net Worth: $3 Billion
Country: South Africa
Source of Wealth: mining, Self Made
Age: 58

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Patrice Motsepe is a mining billionaire businessman of Tswana descent and the third richest man in South Africa. He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum.

Patrice Motsepe 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 is the owner of Mamelodi Sundowns F.C. a Premier league soccer club. Motsepe also has a 37% stake in the Blue Bulls Co., South Africa’s best performing rugby team.

Patrice Motsepe was estimated to be worth $3 billion as of January 2021, and was ranked as the youngest billionaire in South Africa and the ninth richest in Africa on the Forbes Rich List for 2021.

4. Koos Bekker

Net Worth: $2.8 Billion
Country: South Africa
Source of Wealth: media, investments, Self Made
Age: 68

Jacobus Petrus “Koos” Bekker is a billionaire businessman, and the chairman of media group Naspers. The company operates in 130 countries, is listed on the London and Johannesburg Stock Exchanges, and has the largest market capitalization of any media company outside the US and China.

Koos Bekker is revered for transforming South African newspaper publisher Naspers into an ecommerce investor & cable TV powerhouse.

Forbes “Africa’s Rich List 2021” ranked Bekker as the 1008th wealthiest person in the world, and the third wealthiest South African in 2021, with a fortune of US$2.8 billion.

5. Michiel Le Roux

Net Worth: $1.2 Billion
Country: South Africa
Source of Wealth: banking, Self Made
Age: 71

Michiel Le Roux is a South African billionaire and founder of ‘Capitec Bank’ the largest retail bank in South Africa. He founded Capitec Bank in 2001 and owns about an 11% stake.

Forbes “Africa’s Rich List 2020” ranked Michiel Le Roux as the 5th wealthiest person in South Africa, and the 16th wealthiest person in Africa for 2021, with a fortune of US$1.2 billion.


Top 5 Richest People in South Africa 2021

 

Rank Name Country Net Worth
3 Nicky Oppenheimer South Africa $8 Billion
4 Johann Rupert South Africa $7.2 Billion
9 Patrice Motsepe South Africa $3 Billion
10 Koos Bekker South Africa $2.8 Billion
16 Michiel Le Roux South Africa $1.2 Billion

 

FORBES METHODOLOGY

Forbes lists tracks the wealth of African billionaires who reside in Africa or have their primary business in Africa.

Net worths are calculated using stock prices and currency exchange rates from the close of business on Friday, January 8, 2021.

Uzonna Anele

Anele is a web developer and a Pan-Africanist who believes bad leadership is the only thing keeping Africa from taking its rightful place in the modern world.

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Uzonna Anele