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Patrice Motsepe, how he made his billions

Patrice Thlopane Motsepe has entrepreneurship baked in his bones.

It seems the South African born mining magnate has natural instincts for enterprise.

Looking at his accomplishments in the mining industry and business world its not hard to imagine that he possesses the so called “animal spirits” that renowned British economist John Maynard Keynes said drives entrepreneurs and causes them to see opportunities for value where others cannot.

  • Patrice Motsepe is a South African billionaire who has made a fortune estimated by Forbes to be in the region of US$ 2.6 billion.
  • His fortune has come from investments in the mining industry through a company he founded in 1997 called African Rainbow Minerals Limited.
  • African Rainbow Minerals is involved in the mining of gold, platinum, coal, ferrous and base metals.

According to Forbes, Motsepe’s personal fortune is estimated to be in the region of US$ 2.6 billion. Motsepe founded and …