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patrice motspe

Who is Patrice Motsepe

Patrice Motsepe is a South African billionaire born on 28 January 1962 in Pretoria, South Africa. He is the founder and executive chairman of African Rainbow Minerals, which deals with gold, ferrous metals, base metals, and platinum. Patrice Motsepe also sits on several company boards, including being the deputy chairman of Sanlam and non-executive chairman of Harmony Gold, the world’s 12th largest gold mining company.

Motsepe became the first black partner at law firm Bowman Gilfillan in Johannesburg in 1994, he founded Future mining which provided contract mining services that included the cleaning of gold dust from inside mine shafts for the Vaal Reefs Gold mine and implemented a system of worker remuneration that combined a low base salary with a profit-sharing bonus.

patrice motsepe

Patrice Motsepe Net Worth

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In 2020, Motsepe was ranked as the 1,307th-wealthiest person in the world by Forbes, with a …