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african rainbow mineral

ECONOMY-FINANCE

REVEALED|| Motsepe Paid R375 Million To Aquire A Mere 4.99% In This Company

As everyone probably knows by now, Patrice Motsepe is one of the fewest richest individuals we have in South Africa, according to Forbes and Bloomberg, he's estimated to be worth around a whopping $3 Billion which is gazillions when converted to the rand currency. Motsepe made most of his fortunes in the mining world, when he founded African Rainbow Mineral(ARM) in 1997, this came after he striked a deal whereby he was loaned 4 equipped mines with a promise that he'll pay back the money once he starts generating profits with the mines.

  2 months ago ago
REVEALED|| Motsepe Paid R375 Million To Aquire A Mere 4.99% In This Company

ECONOMY-FINANCE

Half the Country? All the companies Patrice Motsepe owns.

Patrice Motsepe is one of South Africa's richest men who owns many companies and shares as well equities in many companies. Patrice started working at his father's business while he was still in high school. His father a teacher by profession used to owns several businesses in North West.

  4 months ago ago
Half the Country? All the companies Patrice Motsepe owns.

SPORTS

Top 5 : Richest Teams In PSL

1. Johann Rupert (Stellenbosch) The Stellenbosch magnate was introduced to South African football in 2016, he first bought Vasco Da Gama, through his old organisation company Remgro. Besides football, the business tycoon has a deep interest in other sports including cricket and golf. ($7.3bn, R108bn). 2. Patrice Motsepe (Mamelodi Sundowns)​ The mining mastermind came into football in 2003 after buying 51% of Sundowns from the Tsichlas family and took full ownership in 2004, he than went and win several trophies

  7 months ago ago
Top 5 : Richest Teams In PSL