Patrice Motsepe Biography and Wiki
Patrice Motsepe (Patrice Tlhopane Motsepe) is a South African mining magnate, billionaire businessman of Tswana descent. He is the founder and executive chairman of African Rainbow Minerals. Besides, he sits on several company boards, which includes being the non-executive chairman of Harmony Gold, the world’s 12th largest gold mining company, and the deputy chairman of Sanlam.
Patrice Motsepe Age
He is 58 years old as of 2020, he was born on 28th January 1962 in Ga-Rankuwa, Pretoria, South Africa. He celebrates his birthday on 28th January every year.
Patrice Motsepe Education Background
He attended the University of the Witwatersrand, Johannesburg, Tsogo High School, University of Eswatini, St Mark’s School. He has a Bachelor of Arts from the University of Swaziland, and of Law from the University of the Witwatersrand.
Patrice Motsepe Parents
He was born the son of Augustine Motsepe (Father) and Key Motsepe (Mother). He was raised along with his two sisters Bridgette Radebe and Tshepo Motsepe and the brother in law of the President of South Africa Cyril Ramaphosa.
Patrice Motsepe Wife
Motsepe is married to Precious Moloi-Motsepe, and they have three children. His wife is a leading businesswoman, entrepreneur, and philanthropist in South Africa and was named one of the country’s Most Influential Women in 2012.
Patrice Motsepe Children
Motsepe has three children together with wife Precious Moloi. He has three sons Thlopie, Kgosi and Kabelo Motsepe. He does not have any daughter, all his children are sons.
Patrice Motsepe Facts and Body Measurements
Here are some interesting facts you don’t want to miss about Patrice Motsepe
- Full Name: Patrice Tlhopane Motsepe
- Age/ How Old?: 58 years old.
- Date of Birth: 28th January 1962
- Place of Birth: Ga-Rankuwa, South Africa
- Education: University of the Witwatersrand, Johannesburg, Tsogo High School, University of Eswatini, St Mark’s School
- Birthday: 28th January
- Nationality: South African
- Father’s Name: Augustine Motsepe
- Mother’s Name: Key Motsepe
- Siblings: Tshepo Motsepe, Bridgette Radebe
- Marital Status: married to Precious Moloi-Motsepe
- Children/ Kids: Kgosi Motsepe, Thlopie Motsepe, Kabelo Motsepe
- Profession: mining billionaire businessman of Tswana descent.
- Net worth: 1.4 billion USD
Patrice Motsepe Career
Patrice Motsepe was a schoolteacher who turned small businessman, he owned a spaza shop popular with black mineworkers. Motsepe learned from this shop the basic business principles from his father as well as first-hand exposure to mining.
Patrice Motsepe founded a company called Future Mining, which provided contract mining services that included the cleaning of gold dust from inside mine shafts, for the Vaal Reefs Gold mine, applying a system of worker remuneration that combined a low base salary with a profit-sharing bonus.
In 1997, he purchased marginal gold mines from AngloGold under favorable finance terms. AngloGold sold Motsepe six gold mine shafts for $7,7 million allowing him to repay the debt out of the future earnings of the company now known as African Rainbow Minerals.
Patrice Motsepe Salary
In 2012, Motsepe was named South Africa’s richest man, topping the Sunday Times’ annual Rich List with an estimated fortune of R20.07 billion ($1 billion).
Patrice Motsepe Net Worth
Working as a mining businessman and known as a billionaire, He has an approximated net worth of 1.4 billion USD as of 2020. Which he draws through mining interests that eventually expanded in 2004 to form a successful multifaceted mining company, African Rainbow Minerals (ARM). … Motsepe then earned a bachelor’s degree in law from the University of Swaziland and a law degree from the University of the Witwatersrand, Johannesburg
Patrice Motsepe House – Patrice Motsepe Mansion
In 2013 he purchased a house in the exclusive suburb of Bishop’s court in Cape Town for R69 million. The grand home, om a plot of 12000m², first hit the market for R98 million in 2011. In 2013 the European owner needed an urgent sale and slashed the price by R20 million.
Patrice Motsepe Professional Positions
» 2006 – Present: Non-Executive Director of Sanlam Life Insurance Limited.
» 2004 – Present: Deputy Chair of SANLAM Ltd.
» 2004 – Present: Executive Chair, African Rainbow Minerals Ltd.
» 2004 – Present: Non-Executive Director of Absa Bank Limited.
» 2004: Non-Executive Director of Barclays Africa Group Limited.
» 2003 – Present: Non-Executive Chair of Harmony Gold Mining Company Limited.
» 1997 – Present: Chair of Naledi Mining.
» 1995 – Present: Chair of Future Mining.
» 1995 – Present: President and Owner of Mamelodi Sundowns Football Club.
» 1995 – Present: Chair of TEAL Exploration and Mining Incorporated.
»1995 – Present: Director of African Fashion International.
» 1995 – 1996: Partner of Bowman Gilfillan Attorneys.
» 1994 – 1995: Associate partner at Bowman Gilfillan Attorneys.
Patrice Motsepe Awards and Honours
»South Africa’s Best Entrepreneur Award in 2002.
»In 2004 he was voted 39th in the SABC3’s Great South Africans.
»In 2008 he was 503rd richest person in the world, according to the Forbes World Billionaires List.
Frequently Asked Questions About Patrice Motsepe
Who is Patrice Motsepe?
Patrice Motsepe (Patrice Tlhopane Motsepe) is a South African mining magnate, billionaire businessman of Tswana descent. He is the founder and executive chairman of African Rainbow Minerals. Besides, he sits on several company boards, which includes being the non-executive chairman of Harmony Gold, the world’s 12th largest gold mining company, and the deputy chairman of Sanlam.
How old is Patrice Motsepe?
He is 57 years old as of 2019. Born on 28th January 1962 in Ga-Rankuwa, Pretoria, South Africa.
How tall is Patrice Motsepe?
He has not shared his height with the public. His height will be listed once we have it from a credible source.
Is Patrice Motsepe married?
Motsepe is married to Precious Moloi-Motsepe, and they have three children. His wife is a leading businesswoman, entrepreneur, and philanthropist in South Africa and was named one of the country’s Most Influential Women in 2012.
How much is Patrice Motsepe worth?
Working as a mining businessman and known as a billionaire, He has an approximated net worth of 1.4 billion USD as of 2020. Which he draws through mining interests that eventually expanded in 2004 to form a successful multifaceted mining company, African Rainbow Minerals (ARM). … Motsepe then earned a bachelor’s degree in law from the University of Swaziland and a law degree from the University of the Witwatersrand, Johannesburg
How much does Patrice Motsepe make?
In 2012, Motsepe was named South Africa’s richest man, topping the Sunday Times’ annual Rich List with an estimated fortune of R20.07 billion ($1 billion).
Where does Patrice Motsepe live?
He lives in South Africa. we shall upload pictures of her house as soon as we have them.
Is Patrice Motsepe Motsepe dead or alive?
Patrice Motsepe is still alive and in good health. There have been no reports of him/her being sick or having any health-related issues.
How do you apply the Motsepe Foundation?
- Download and fill-up the Motsepe Foundation Bursary Application Form. ( pdf)
- Accompany your application form with the certified copies of the following: …
- Send your completed application form and supporting documents through email at bursaries@motsepefoundation.org.
How does Motsepe Foundation work?
Launch of Motsepe Foundation and Religious and Faith-Based Organisations R100m Job Creation, Skills and Training Fund. Our goal is to alleviate poverty and to sustainably improve the living standards of the poor, unemployed and marginalized people.
Patrice Motsepe Contact Details – Patrice Motsepe Email Address
info@motsepefoundation.org
Tel: 011 324 1500
P.O.Box 782058,
Sandton.
Johannesburg,
South Africa.
Features
»It has six en-suite bedrooms with dressing rooms.
»A floodlit tennis court, pavilion and swimming pool;
»A “predominantly” indigenous garden;
» The main bedroom suite that has a separate lounge with a fireplace and his and hers dressing rooms;
»A baronial-style lounge and a formal 24-seat dining room;
»A cigar lounge fit for a gentlemen’s club in the basement, with a climate-controlled wine cellar
»A gym, a music room, a cinema room, a billiard room and a 10-bay garage with a separate bay to have cars washed.
»House for an estate manager and the mansion has a staff wing.
Patrice Motsepe Foundation
The Motsepe family was the first family on the African continent to join The Giving Pledge, started by Bill Gates and Warren Buffet, and pledged half of the funds generated by their family assets to the poor.
The Motsepe Foundation has contributed to global health research into developing a cure for HIV/AIDS, the donation was given to the RED campaign, an initiative founded by renowned activist and Musician Bono. The Motsepe Foundation has also made contributions to cancer research; as well as to wildlife, nature conservation and environmental protection.
On the African Continent, the Motsepe Foundation recently contributed to the global fight against Ebola, making a contribution of US$1m to the affected countries and another contribution of US$1m to the African Union directly.
In South Africa, the Motsepe Foundation has allocated US$50 million for sustainable projects that will benefit the poor and needy in various fields. This is done through 5 key pillars or focus areas.