Opera News

Opera News App

Take a look the South African President Cyril Ramaphosa's billion dollar net worth

ScarcityNews
By ScarcityNews | self meida writer
Published 1 months ago - 0 views

(Source: hiphopafrika.com)

Matamela Cyril Ramaphosa is a South African politician and also, he's currently the president of the nation. He's also a business tycoon, activist and trade union leader. Ramaphosa was born in Johannesburg, South Africa. He was born on the 17th of November 1952, he will be turning 68 years old this year.


Ramaphosa has been declined numerous times as a multi-millionaire, even way before being part of politics. As he was known as a businessman that held high paying jobs in different positions, had shares in term too and even own a few. Ramaphosa has had wider valued assets that make him money every month. Hence in 2018, he's estimated net worth was about $450 000 000 (R6.4 billion). 


Although his presidency might be questionable at times but his business sense on another level. Ramaphosa has roughly about 31 properties across South Africa. As we all know the real estate business is lucrative. The prices of properties have higher chances of increasing depending on their location. However, you cannot a lot of properties in places that you know won't be beneficial to you. Also, Ramaphosa has claimed ownership or chairman in several massive companies with the country and even overseas or Africa. We're talking the likes of McDonald (South Africa), MTN - he's the chair of the board and he's a chairman of Lonmin's board of directors. Although reports were stating that he had to let go of a certain position after taking over the presidency.


Now, in case you're wondering what's his latest net worth thus far in 2021. It is believed that Ramaphosa's net worth is about $700 million (R10 697 960 0000. This amount means that he has finished working for his legacy and his children, grandchildren and the rest of the family is sorted for decades.


Source link:

https://hiphopafrika.com/biography/cyril-ramaphosa-biography-net-worth-2021-age-wife/

What's your opinion on this? Let's talk about it.  

(The pictures are used for illustrative purposes only.) 

Date: 05/03/2021

Thank you so much for taking the time to read our articles. 

Please don't forget to like, share, comment and follow us for more groundbreaking articles.

Content created and supplied by: ScarcityNews (via Opera News )

Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform

YOU MAY LIKE

Sundowns 2-1 Chippa United: Latest Log standing as the Brazilians march towards the tittle.

3 minutes ago

0 🔥

Sundowns 2-1 Chippa United: Latest Log standing as the Brazilians march towards the tittle.

If SAFA Gave Molefi Ntseki A Chance, Surely Mandla Ncikazi Deserves One Too

6 minutes ago

1 🔥

If SAFA Gave Molefi Ntseki A Chance, Surely Mandla Ncikazi Deserves One Too

In shock| This how much fashion world employees get pay per hour

7 minutes ago

1 🔥

In shock| This how much fashion world employees get pay per hour

Spiritual power a woman can ever possess(opinion)

8 minutes ago

2 🔥

Spiritual power a woman can ever possess(opinion)

A man in Limpopo Ga-Matlala caught his wife with her Zimbabwean man in their house

8 minutes ago

14 🔥

A man in Limpopo Ga-Matlala caught his wife with her Zimbabwean man in their house

10 Unusual Heart Attack Symptoms In Women

9 minutes ago

8 🔥

10 Unusual Heart Attack Symptoms In Women

Old Pictures of Bonang And Lerato Kganyako have Resurfaced the Internet : See

10 minutes ago

1 🔥

Old Pictures of Bonang And Lerato Kganyako have Resurfaced the Internet : See

"Serves Him Right"- Mzansi Reacts As Bewitched Dad Carries And Breastfeeds 'Imaginary' Daughter

12 minutes ago

7 🔥

Sassa Approved R350 Social Grants Yesterday and Today filed the Payment Dates, See when is Pay Day.

15 minutes ago

125 🔥

Sassa Approved R350 Social Grants Yesterday and Today filed the Payment Dates, See when is Pay Day.

Souls Under These Rubles Made TB Joshua More Powerful: Opinion

16 minutes ago

0 🔥

Souls Under These Rubles Made TB Joshua More Powerful: Opinion

COMMENTS