South Africa is one of the African nations that invests heavily on football. The Premier Soccer League, which has a streamlined system, oversees the National First Division and the South African Premier Division. The regional teams have been challenged by the two leagues to provide their best performances. In 2022, who will control the wealthiest South African football club? This article includes a list of the country's richest football team owners.
Along with the outcomes they create, a team's wealth is also influenced by its ability to move away some of its top players. That clarifies why particular groups of teams have achieved success and have the greatest players on their squads.
— 6 richest football club owners in South Africa right now.
Here are the profiles of the top 10 wealthiest football club owners in South Africa, listed by their declared net worth.
1. Rupert - $7.3 billion (R108 billion).
Rupert is the CEO of Ramgro, a business that invests in industrial mining and financial services. After developing an interest in South African football, the business tycoon purchased Stellenbosch FC in Cape Town in 2016. According to Forbes Rich List, Rupert is the richest football player with a net worth of $7.3 billion (R108 billion).
2. Patrice Motsepe — $2.7 billion
In 2003, Motsepe, a mining mogul, invested in sports for the first time by acquiring 51% of Mamelodi Sundown Football Club. Later, Motsepe became the club's sole owner, and he has been essential to its ongoing success. Motsepe has a $2.7 billion net worth (R35 billion)
3. Kaizer Motaung
In the United States, Motaung, popularly known as "Chincha Guluva," started his soccer career with the Orlando Pirates before switching to the Atlanta Chiefs. He established Kaizer XI in 1970; the date was later changed to 1971. Motaung, who is thought to have a net worth of close to $40 million, has achieved great success with Kaizer Chiefs.
4. Irvin Khoza - $35 million
Under Irvin Khoza's direction, the South African Orlando Pirates won the African Champions Cup for the first time in 1995. He provided the club with stability and sponsors. Khoza has a market value of $35 million.
5. Brian Joffe - $15 million
The company that owns the football team Bidvest Wits, Bidvest Group Limited, is led by Joffe. His estimated net worth is $15 million. In both domestic and international trading, he has more than 30 years of expertise.
6. Sandile Nzungu — $13 million.
Sandile was promoted to associate in the African Merchant Bank's corporate finance division. He is the owner of Amazulu FC and has a net worth of $13 million.
Source: https://sportsbrief.com/facts/top-listicles/12331-who-top-ten-richest-premier-league-owners-newcastle/ | https://www.newshub360.net/richest-football-club-owners-in-south-africa/ | https://jobsintanzania.org/richest-football-clubs-in-south-africa/
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