Are you familiar with the idiom, "Keeping up with the Motsepe's"? Today you will know how Patrice Motsepe got rich and became the country's first black billionaire.
According to the Forbes magazine, Patrice Motsepe is the ninth-richest person in Africa. It doesn't end there, he has a net worth of $2.7 billion as of 24 September 2021. Having $2 billion net worth is not something to be taken lightly.
Some say it takes money to make money, do you know what it took for Patrice Motsepe? A little perseverance is all it will take for you to know how Motsepe got rich. It all started through mining interests which eventually expanded to form the mining company called African Rainbow Minerals (ARM).
It did not take very long for him to reach the billionaire status, Motsepe became a billionaire in 2008 and was the first black African to make it to the Forbes list. He did not stop there as he launched a private equity firm called African Rainbow Capital in the year 2016.
Do you see what they mean when they say hard work pays? Before I forget to tell you, Patrice Motsepe started off as a lawyer, he was the first black partner at the law firm of Bowman Gilfillan.
Thank you very much for reading.
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