Patrice Motsepe Biography: Net Worth, Wife, Age, House, …

Biography. Patrice Tlhopane Motsepe (born January 28, 1962) is a wealthy businessman from South Africa who has garnered considerable success in the mining industry.. He is the proud founder and Chief Executive Officer of African Rainbow Minerals, a company that invests in precious metals such as gold, ferrous metals, base metals, and platinum.

Patrice Motsepe

Patrice Tlhopane Motsepe (born 28 January 1962) is a South African billionaire businessman and football administrator. [2] Since March 2021, he has been president of the Confederation of African Football. [3] He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum.He sits on several company …

7 companies owned by Africa's first Black billionaire, …

Patrice Motsepe, the visionary founder of African Rainbow Minerals (ARM), continues to leave an indelible mark on the African business landscape. Cementing his status …

Patrice Tlhopane Motsepe | South African Billionaire, Mining …

Patrice Tlhopane Motsepe (born Jan. 28, 1962, Soweto, S.Af.) is a South African businessman and the country's first black billionaire. Motsepe made his fortune through mining …

Amplats sells Bokoni mine stake to Patrice Motsepe's …

African Rainbow Minerals says the Bokoni Platinum Mine is a "natural strategic fit" with its current platinum group minerals portfolio on the Eastern Limb of the Bushveld Complex, and its restart will created approximately 5 000 jobs. ... Patrice Motsepe. "As we build and operate BPM, we will create approximately 5 000 jobs of which 2 500 will ...

Transformative Journey: Inspiring Resilience – 7 …

Patrice Motsepe stands as a towering figure in Africa's business landscape, renowned for his entrepreneurial prowess, leadership acumen, and commitment to societal advancement. As the Founder and Executive …

Caf's Patrice Motsepe

Motsepe founded his first mining company in 1994, and started buying low-producing gold mines a few years later at a time when the gold market was experiencing a slump and prices were favourable.

Africa's first Black billionaire Patrice Motsepe's ARM …

In a strategic move to strengthen its mining portfolio, African Rainbow Minerals (ARM), under the leadership of Africa's first Black billionaire Patrice Motsepe, has entered into a definitive agreement with Norilsk Nickel Africa Proprietary (NNAf) to acquire a 50-percent joint venture stake in the Nkomati nickel mine located in Mpumalanga — a province in eastern …

Every business owned by billionaire trailblazer Patrice Motsepe …

A part of the company's success was due to the worker remuneration system that consisted of a low base salary with a profit-sharing bonus. In the late 1990s, Motsepe scooped up multiple marginal gold mines from AngloGold and formed ARMgold, which would become the source of his initial wealth.

Lord Of The Mines: Billionaire Patrice Motsepe

Patrice Motsepe spotted an opportunity in South Africa's mining industry, shortly after the end of apartheid, and seized it with both hands. Today, the soft-spoken 49 years old mining tycoon is the country's first black billionaire. At the tender age of eight Patrice Motsepe encountered his first taste of business success.

Billionaires Corner: Inside the Wealth of Patrice Motsepe

Mining Industry: A Stepping Stone to Wealth. Motsepe's journey to wealth began in the mining industry. In 1994, as South Africa transitioned to democracy, he recognized the opportunities presented by the changing economic landscape.

Motsepe Faces $195M Tanzanian Lawsuit Allegations

Patrice Motsepe faces a $195M lawsuit in Tanzania over alleged non-compete violations, spotlighting African mining sector challenges. ... bringing significant attention to the issues surrounding corporate conduct in the African mining sector. Pula Group sues Motsepe over non-compete breach.

Commitment to green economy is crucial, says ARM's Patrice Motsepe

Diversified mining company African Rainbow Minerals (ARM) has reiterated its commitment to transitioning from coal to renewable energy, with its executive chairperson Patrice Motsepe describing ...

Patrice Motsepe

PATRICE Motsepe is closer to the president's ear than any other mining magnate in South Africa. So it is to be hoped that at family get-togethers he uses the opportunity to give his brother-in-law, Cyril Ramaphosa, a tongue-lashing about the electricity, logistics and water supply constraints that are strangling the country's mining industry.

Patrice Motsepe: South Africa's first black industrialist and

Patrice Tlhopane Motsepe is a South African mining magnate who became a billionaire in 2008. He is the first black African on the Forbes list of world billionaires.. Motsepe, 53, bought low ...

ARM market cap drops R3.5bn on news of Tanzanian court …

Patrice Motsepe's mining company does not appear to have set aside any contingent liability should the case go against it. Image: Moneyweb . African Rainbow Minerals …

African Rainbow Minerals (ARM) » DR PATRICE MOTSEPE(61)

He is also a member of the Harvard Global Advisory Council and the International Council on Mining and Metals (ICMM). Dr Patrice Motsepe was a partner in one of the largest law firms in …

11 things to know about Patrice Motsepe, Africa's first Black

Patrice Motsepe is a South African billionaire with a net worth of $2.7 billion. In 2008, ... He made his money from mining; Motsepe is a mining magnate. According to him, it took many years to ...

Patrice Motsepe faces $195-million lawsuit in Tanzania over …

Patrice Motsepe faces $195-million lawsuit in Tanzania over alleged breach of contract. South African billionaire Patrice Motsepe faces a $195-million lawsuit in Tanzania over allegations of breaching a non-compete agreement, a case that could set a legal precedent for the country's mining sector.

Power Player profile: South African billionaire entrepreneur …

South African mining billionaire businessman Patrice Motsepe, a name in his country, is the founder and executive chairman of African Rainbow Minerals (ARM), a diversified …

Patrice Motsepe – Biography Of South African …

Patrice Tlhopane Motsepe is a South African businessman and mining entrepreneur.He is the founder and executive chairman of African Rainbow Minerals. He topped the Sunday Times' annual Rich List with an estimated …

Patrice Motsepe

African Rainbow Capital (ARC), a private investment vehicle controlled by South African mining billionaire Patrice Motsepe, has reportedly acquired an 18.4% stake in fibre provider Metro Networx.

Patrice Motsepe Biography

Patrice Motsepe is a South African mining businessman. He is the founder of African Rainbow Minerals and serves as its executive chairman. The company has interests in a wide range of mines, including gold, base metals, ferrous metals and platinum. He is on the boards of several companies, including being the non-executive chairman of the world ...

Billionaire Mining Magnate Patrice Motsepe Is Now Africa's

President of the CAF Patrice Motsepe is pictured during a break at the 43rd CAF General Assembly, on ... The mining magnate, with an estimated wealth of $3.1 billion, was elected unopposed at CAF ...

Patrice Motsepe: Family, Net Worth, Companies, Properties …

Patrice Motsepe is a renowned South African mining billionaire businessman who has significantly impacted the business and sports worlds. Patrice Motsepe has a net worth of $2.3B, making him the third richest man in South Africa and the ninth richest person in Africa according to the 2023 Forbes list of world billionaires.

African Rainbow Minerals (ARM) » About us

DR PATRICE MOTSEPE (61) Executive chairman. PHILLIP TOBIAS (52) Chief executive officer. TSUNDZUKANI MHLANGA (41) Finance director. ALEX MADITSI (61) Lead independent non-executive director. ... Dr Patrice Motsepe starts Future Mining . 2001 March . Creation of Modikwa Platinum, a joint venture with Anglo Platinum ...

First Black African billionaire Patrice Motsepe's ARM takes …

African Rainbow Minerals (ARM), led by Africa's first Black billionaire Patrice Motsepe, is set to acquire full ownership of the Nkomati nickel mine in Mpumalanga, South Africa. ARM will purchase the remaining 50-percent stake from Norilsk Nickel Africa (NNA), the local subsidiary of Russian mining giant Norilsk Nickel.

Patrice Motsepe Net Worth and The Story of How He …

Patrice Motsepe started with the mining services contracting business before expanding his ventures, building an empire in the process which accounts for the exponential growth in his net worth in the past years. View this post on Instagram. A post shared by Teddy Neelo Kgasa (@mogobere)

Patrice Motsepe: Patrice Motsepe Net Worth, Biography, …

Patrice Motsepe is the founder and executive chairman of African Rainbow Minerals (ARM), a leading mining company with interests in gold, ferrous metals, base metals, and platinum.

All The Companies Patrice Motsepe Owns

All The Companies Patrice Motsepe Owns Mining. Motsepe owns 39.7% of African Rainbow Minerals, a holding company owning a number of subsidiaries in the mining sector including, Harmony Gold, ARM Platinum, ARM Ferrous, and ARM Coal. The Billions Motsepe Paid To Acquire 100 Of Tymebank.