Patrice Motsepe is a well-known South African businessman. He is a billionaire and has made a name for himself in the mining industry and football administration.
Early Life and Education
Patrice Motsepe was born on January 28, 1962, in Pretoria, South Africa. His father was a chief, teacher, and businessman. Motsepe learned about business from a young age by helping his father.
Motsepe studied at the University of Swaziland and later at the University of the Witwatersrand, where he earned a law degree specializing in mining and business law.
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Career Journey
Motsepe started his career in the mining industry. He founded African Rainbow Minerals (ARM), a company that mines gold, platinum, and other metals. Under his leadership, ARM became one of South Africa’s leading mining companies.
Motsepe also serves as the chairman of Harmony Gold, a major gold mining company, and as the deputy chairman of Sanlam, a financial services group.
In 2021, Motsepe became the President of the Confederation of African Football (CAF), where he works to promote football across Africa.
Personal Life
Motsepe is married to Dr. Precious Moloi-Motsepe, a physician and philanthropist. They have a son, Thlopie Motsepe, who is involved in the family business.
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Net Worth
Motsepe’s net worth is estimated to be $3.8 billion. He made his wealth from his mining ventures, investments, and other business interests.
Philanthropy
Motsepe is committed to giving back to society. In 2013, he joined The Giving Pledge, promising to donate at least half of his wealth to charity. Through the Motsepe Foundation, he has funded initiatives in education, healthcare, and community development.
Ownership of Mamelodi Sundowns
Motsepe owns Mamelodi Sundowns, a top South African football club. Under his ownership, the club has won several league titles and continental championships.
DAVOS-KLOSTERS/SWITZERLAND, 30JAN09 – Patrice T. Motsepe, Executive Chairman, African Rainbow Minerals, Photo by Monika Flueckiger
Facts About Patrice Motsepe
| Attribute | Details |
|---|---|
| Full Name | Patrice Tlhopane Motsepe |
| Age | 62 |
| Date of Birth | 28 January 1962 |
| Birthplace | Pretoria, South Africa |
| Net Worth | $3.8 billion (R70.3 billion) |
| Wife | Dr. Precious Moloi-Motsepe |
| Son | Thlopie Motsepe |
| Profession | Entrepreneur, Mining Magnate, CAF President |
| Father | Kgosi Augustine Motsepe |
| Football Club | Owner of Mamelodi Sundowns |
Conclusion
Patrice Motsepe’s life is a story of success, innovation, and generosity. From his humble beginnings to becoming a billionaire entrepreneur, he inspires millions. His legacy is one of hope, empowerment, and excellence.
Frequently Asked Questions
Who is Patrice Motsepe’s wife?
Patrice Motsepe is married to Dr. Precious Moloi-Motsepe.
What is Patrice Motsepe’s net worth?
His net worth is estimated to be $3.8 billion.
Does Patrice Motsepe have children?
Yes, he has a son named Thlopie Motsepe.
What businesses does Patrice Motsepe own?
He owns African Rainbow Minerals and Mamelodi Sundowns football club.
What is Patrice Motsepe’s age?
Patrice Motsepe is 62 years old.
