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Richest People In South Africa 2012 – South Africa’s Richest

National Money
Richest People In South Africa 2012 –  South Africa’s Richest

There are 16 African billionaires on Forbes’ list of billionaires – an increase of three – and it includes South Africans, Moroccans, Nigerians and Egyptians.

Below is the 15 Richest People In South Africa:

No.1 Nicky Oppenheimer & family

Net Worth:

$6.8 billion – As of March 2012

Source of wealth: De Beers, inherited

South Africa’s Richest Person: #1

Age:66 , Citizenship : South Africa , Residence: Johannesburg, South Africa

Marital Status: Married, Children:1

Nicky Oppenheimer is worth $6.8 billion. He is the richest person in South Africa and is the 139th richest person in the world. How did he get rich? He is the chairman of De Beers diamonds, of course, and also has a significant interest in Anglo-American plc, the gold mining company. He also owns Tswalu Kalahari Reserve, the largest private game reserve in South Africa.


No.2 Johann Rupert & family

Net Worth:

$5.1 billion –¬†As of March 2012

Age: 61 , Citizenship: South Africa, Residence: Stellenbosch, South Africa

Marital Status: Married, Children:3

Johann Rupert is the second-richest person in South Africa, being worth $5.1 billion. He is the 199th richest person in the world, and made his money from Richemont, the Swiss luxury group that owns Cartier, Dunhill, Chloe bags and MontBlanc pens. The company purchased online fashion portal Net-a-Porter. Remgro, his South African holding company purchased VenFin earlier in 2010. He also owns Rupert & Rothschild and L’Ormarins wine estates, and one of South Africa’s most exclusive golf clubs.


No.3 Christoffel Wiese

Net Worth: $2.7 billion – As of March 2012

Source: Consumer retail, self-made

Age:70 , Citizenship: South Africa

Marital Status: Married, Children: 3

Christoffel, or Christo as he’s more commonly known, is the fourth-richest person in South Africa. He is worth $2.7 billion and made his money as CEO of Shoprite. He also owns a stake in Pepkor, a discount clothes, shoes and textiles store in South Africa, and is known for restoring a South African farm estate and remodelling it into a five-star hotel. Other assets include Lourensford Estate, the wine producer, and a private game reserve in the Kalahari. He is the 782nd richest person in the world.


No.4 Patrice Motsepe

Net Worth:

$2.7 Billion – As of March 2012

Source: Mining, self-made

Age:50 ,Citizenship: South Africa , Residence: Johannesburg, South Africa

Marital Status: Married, Children:3

Patrice Motsepe is South Africa’s third-richest person, worth $2.7 billion. He made his money in mining and is the 442nd richest person in the world. His money is the result of the purchasing of low-producing gold mine shafts in 1994, which he made profitable. Since then, he has built African Rainbow Minerals, benefiting as a result of South Africa’s Black Economic Empowerment (BEE) laws. He also owns a stake in Sanlam.

South Africa’s Millionaires as of 2011 according to Forbes:

#5 Lauritz (Laurie) Dippenaar

Net Worth: $750 Million, Source: Banking, Insurance

Citizenship: South Africa , Age: 63

#6 Stephen Saad

Net Worth: $640 Million, Source: Pharmaceuticals

Citizenship: South Africa , Age: 47

#7 Raymond Ackerman

Net Worth: $545 Million, Source: Retailing

Citizenship: South Africa , Age: 80

#8 Gerrit Thomas (GT) Ferreira

Net Worth: $460 Million, Source: Banking, Insurance

Citizenship: South Africa , Age: 63

#9 Jannie Mouton

Net Worth: $300 Million, Source: Financial services

Citizenship: South Africa , Age: 64

#10 Michiel Le Roux

Net Worth: $290 Million, Source: Banking

Citizenship: South Africa , Age: 62

#11 Adrian Gore

Net Worth: $280 Million, Source: Financial services

Citizenship: South Africa , Age: 47

#12 Cyril Ramaphosa

Net Worth: $275 Million, Source: Investments

Citizenship: South Africa , Age: 59

#13 Giovanni Ravazzotti

Net Worth: $275 Million, Source: Ceramics, Tile

Citizenship: South Africa , Age: 68

#14 Markus Jooste

Net Worth: $260 Million, Source: Furniture retailing

Citizenship: South Africa , Age: 50

#15 Paul Harris

Net Worth: $250 Million, Source: Banking

Citizenship: South Africa , Age: 61


[See full list on Forbes.com]


Also see : Richest Black People In The World 2011

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