Top 5 billionaires: Rupert dethrones Oppenheimer as SA's richest man

Top 5 billionaires: Rupert dethrones Oppenheimer as SA's richest man

The numbers have been calculated and the list is out. Bloomberg released its annual Billionaires Index and it revealed Mzansi has a new richest man.

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When it comes to wealth, South Africa has a new leading man. For years, Nicky Oppenheimer held the title of Mzansi's richest man.

The Bloomberg Billionaires Index has been released for 2020 and it showed Johann Rupert surpassing Oppenheimer's nett worth.

According to the annual report, Rupert is worth a staggering R103.4 billion.

Briefly.co.za took a look at the five South Africans who are the wealthiest in the country.

1. Johann Rupert

As stated above, Johann Rupert now holds the title as South Africa's wealthiest man with a nett worth of R103.4 billion.

Rupert - the son of business tycoon Anton Rupert - is the chairman of the Swiss-based luxury-goods company Richemont, and the Mzansi-based company Remgro.

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2. Nicky Oppenheimer

Oppenheimer was bumped to second place on the list. The businessman, who made his fortune from the diamond business, trails behind Rupert with an impressive nett worth of R102.98 billion.

3. Natie Kirsch

Number three on the Richest South Africans list is Nathan 'Natie' Kirsch, the Swazi-South African billionaire businessman who is the CEO of the Kirsh Group, which holds a majority stake in Jetro Holdings - an US-based cash and carry operation.

He is also the owner of Restaurant Depot and Jetro Cash & Carry. Kirsch is worth R86.3 billion.

4. Patrice Motsepe

Coming in fourth is Patrice Motsepe - who is also South Africa's youngest billionaire on this list. Cyril Ramaphosa's brother-in-law made his R36.4 billion fortune from mining ventures and his love of sport, amongst others, The South African reported.

In 2019, Motsepe - who also owns the Mamelodi Sundowns - teamed up with Johann Rupert to buy shares in the Blue Bulls rugby club.

5. Koos Bekker

Jacobus Petrus "Koos" Bekker comes in last on the list with a nett worth of R33.62 billion.

Bekker heads the media group Naspers, which operates in 130 countries. According to Wikipedia, is listed on the London and Johannesburg Stock Exchanges.

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Source: Briefly.co.za

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