Who is a Billionaire?
The meaning of BILLIONAIRE is one whose wealth is estimated at a billion or more dollars, pounds, or other monetary units.
Top Billionaires In South Africa
Johann Rupert – $10.7 billion
Johann Rupert stands as the richest man in South Africa. He is the chairman of Compagnie Financiere Richemont, SA, a Swiss luxury products company famous for internationally recognized brands Montblanc and Cartier. In South Africa, the company runs Remgro company.
Nicky Oppenheimer – $8.4 billion
Nicky or Nicholas Oppenheimer is the second richest man in South Africa. He was the chairman of De Beers diamond mining company and all its subsidiaries.
His grandfather, Ernest Oppenheimer, started Anglo American. He made his wealth partly through inheritance and mining. Currently, the South African dollar billionaire owns Fireblade Aviation.
Patrice Motsepe – $3.1 billion
Patrice Motsepe founded and chairs the African rainbow minerals. He made his wealth through mining. Unlike the first two South African dollar billionaires, Motsepe is self-made and has built most of what he owns from the ground up.
Koos Bekker – $2.6 billion
Bekker is the brains behind multichoice. He is also a founding director of MTN, a South African mobile communication company.
Stephen Saad – $1.4 billion
Saad is the CEO of Aspen Pharmacare Holdings Ltd. In 1997, Stephen co-founded Aspen Pharmacare with Gus Attridge. The company has grown over the years to control 26 manufacturing outlets and has a presence in over 6 continents.
Michiel Le Roux – $1.2 billion
Michiel is the brains behind Capitech Bank. He has served at the top level in many companies over the years before founding his bank in 2011. He owns 11% of Capitech Bank, which aims at meeting the needs of middle-class South Africans.
Christoffel Wiese – $1.1 billion
Christoffel made billions in consumer retail. He founded Shoprite, a chain store that has since grown to operate in different countries across the African continent.
Ivan and Lynette Saltzman – Over $1 billion
Ivan and Lynette Saltzman are a power couple who rose to wealth through their pharmaceutical conglomerate dubbed Dis-Chem Pharmaceutical.
How many dollar billionaires are there in South Africa?
5, namely Nicky Oppenheimer, Johann Rupert, Patrice Motsepe, Michiel Le Roux, and Koos Becker. According to Forbes Africa, South Africa tops the list of African countries with the most dollar billionaires in 2023. Forbes used currency exchange rates and stock prices of January 2023 to determine the billionaire’s respective net worth.
Who is the richest family in SA?
Johann Rupert and family. He has an estimated net worth of R161 billion.
Who is the richest female in South Africa?
Wendy Appelbaum. She has an estimated net worth of R2.6 billion.