Top 10 richest people in South Africa and their net worths in 2021

Top 10 richest people in South Africa and their net worths in 2021

South Africa is a country with lots of opportunities filled with aggressive business minds. These minds have taken advantage of many opportunities to make their way to Forbes. The mining industry, for instance, has the richest black man in South Africa. Read on to find out about the richest people in South Africa in 2021.

Richest people in South Africa
The top three richest people in South Africa, Nicky Oppenheimer, Johann Rupert and Patrice Motsepe. Photo: canva.com (modified by author)
Source: UGC

South Africa is one of the world's largest producers of platinum group metals, gold, and chromium. The country is also a major manufacturer of automobiles, machinery, chemical fertilizers, and food products.

Who are the top 10 richest people in South Africa?

Among the top wealthiest people in Africa, the Mzansi nation has carried the majority on the list. They have amassed their fortune from various businesses and careers. The list contains the following.

1. Nicky Oppenheimer: $7.9 billion

Richest people in South Africa
Nicky Oppenheimer. Photo: @NickyOppenheimer
Source: UGC

Nicky Oppenheimer is the richest man in South Africa. At seventy-three, his net worth is a whopping 7.9 billion US dollars, according to Forbes 2021. He was formerly the chairman of De Beers diamond mining company and of its subsidiary, the Diamond Trading Company.

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2. Johann Rupert: $7.1 billion

Richest people in South Africa
Johann Rupert. Photo: @sjxwatches
Source: Instagram

Johann Rupert is also among the top ten richest people in South Africa. He has a net worth of 7.1 billion US dollars. The seventy-one-year-old businessman deals in luxury goods. He is the chairman of Compagnie Financiere Richemont, and he is famous for brands like Montblanc and Cartier.

3. Patrice Motsepe: $2.7 billion

Richest people in South Africa
Patrice Tlhopane Motsepe looks on during a press conference after his election as president during the 43rd CAF General Assembly in Morocco's capital Rabat on March 12, 2021. Photo: Fadel Senna
Source: Getty Images

Patrice Motsepe is the third richest man in the country and is among the richest black people in South Africa. He has accumulated wealth from his mining business and is the founder and the chairperson of African Rainbow Minerals. In 2008, he became a billionaire and was recognised as the first black African on Forbes.

At the age of fifty-nine, Patrice Motsepe has a net worth of 2.7 US billion dollars, according to Forbes 2021.

4. Koos Bekker: $2.5 billion

10 richest people in South Africa
Koos Bekker. Photo: @incwajana
Source: Instagram

Koos Bekker is South Africa's fourth-richest man. His origin of wealth is the media and a couple of other investments. Koos Bekker is famous for transforming Naspers, a South African newspaper publisher, into a cable TV powerhouse. Bekker serves as the non-executive director of Tencent, a position that he went back to in 2015 after retiring from the position of CEO in 2014.

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Koos Bekker has a net worth of 2.5 billion US dollars.

5. Stephen Saad: $1.9 billion

Richest people in South Africa
Stephen Saad. Photo: @access24tv
Source: Instagram

Stephen Saad is South Africa’s top ten richest men and prominent businessman. He is also the chief executive and founder of Aspen Pharmacare, which is famous for being the largest producer of generic medicine on the continent.

Stephen has a whopping net worth of 1.9 US billion dollars.

6. Michiel Le Roux: $1.6 billion

Here are the 10 richest people in South Africa
Michiel Le Roux. Photo: @incwajana
Source: Instagram

Michael L Roux is among the richest men in South Africa, and he has accrued his wealth by investing in Capitec bank, where he is a board member. He founded the bank in 2001 and owns 11% of the bank's share. The bank is active on the Johannesburg capital market stock exchange. Michael has served as the chairman of the Capitec bank between 2007 and 2016.

Michael Le Roux has a net worth of 1.6 billion US dollars.

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Johann Rupert: 2nd richest man in SA increases wealth over pandemic

7. Allan WB Gray: $1.5 billion

Richest people in South Africa
Allan WB Gray at the announcement of Allan Gray Investments donation of R1 milliard to the South African government on March 7, 2007 in Cape Town, South Africa. Photo: Die Burger Paparazzi
Source: Getty Images

Allan WB Gray is an old student at Rhodes University. The business magnate is responsible for founding Allan Gray Investment Management. He has accumulated a net worth of 1.5 US billion dollars, according to Celebrity Net Worth.

8. Christoffel Wiese: $1.1 billion

Richest people in South Africa
Christoffel Weise. Photo: @botswanamarketplaceBW
Source: Facebook

Christoffel Wiese is South Africa's eighth richest man. Surprisingly, Christoffel has accumulated a more significant percentage of his wealth from the retail sector. He is the largest single shareholder of the biggest retail store and the chain of 'Shoprite' supermarket. He is also a chairman and shareholder in Pepkor. Christoffel Wiese has a net worth of 1.1 US billion dollars.

9. Jannie Mouton: $1.06 billion

10 richest people in South Africa
Jannie Mouton. Photo: @miljoener
Source: Instagram

Jannie Mouton is a prominent investor. He is the chairperson and founder of the PSG group, one of the most successful investment companies in SA. The company is famous for dealing in private equities, financial services, education and agriculture.

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He has a net worth of 1.06 billion US dollars.

10. Laurie Dippenaar: $650 million

Richest people in South Africa
Laurie Dippenaar, the former CEO of FirstRand, stands in the garden outside his house on June 9, 2008, in Bryanstown outside Johannesburg, South Africa. Photo: Per-Anders Pettersson
Source: Getty Images

Speaking of a self-made millionaire, Laurie Dippenaar is one such man. Apart from being a chartered accountant, he is a businessman, banker, and investor. He collaborated with GT Ferreira, and together, they co-founded FirstRand Limited, one of the high street banks in SA. He has a net worth of 650 million US dollars.

Who are the richest rappers in South Africa?

Mzansi's music industry is also well established to the point of being a lucrative business opportunity. The sector is home to a good number of artists who are earning a fortune out of it. The top richest rappers in South Africa include some of the best musicians worldwide, and here are the richest three rappers among them.

1. Die Antwoord: $10 million

2. AKA: $12 million

3. Cassper Nyovest: $800 thousand

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Wealthiest politicians in South Africa

Richest black man in South Africa
President Cyril Ramaphosa. Photo: @PresidencyZA
Source: UGC

Politicians also have accrued wealth from the businesses and investments that they own. The two wealthiest politicians in South Africa are Cyril Ramaphosa, whose net worth is estimated to be $450 million as of 2021, and Tokyo Sexwale, whose net worth is $200 million.

Many desire to join these richest people in South Africa, whose pockets are heftily loaded with cash. Their approach to investment has also pointed out the most lucrative business opportunities.

READ ALSO: Top 10 richest rappers in South Africa (with infographics)

Unlike in the past, where rappers were associated with the defiance of moral authority, rapping is a widely accepted form of art now.

Most young people enjoy rap music and adore the rappers they consider the best in the industry. Who are the top 10 richest rappers in South Africa? Briefly.co.za prepared you the list/

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Source: Briefly.co.za

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