The golden life of Patrice Motsepe: mansions, private jets and luxury cars

The golden life of Patrice Motsepe: mansions, private jets and luxury cars

- The South African billionaire is one of the richest people in the country

- He made most of his fortune through the mining industry

- Now, he’s able to afford multi million-rand mansions, cars and even private jets

The golden life of Patrice Motsepe: mansions, private jets and luxury cars
Patrice Motsepe and his wife

Motsepe's biorgaphy

South African billionaire Patrice Motsepe is one of the hardest working men in the country.

Motsepe started working at a very young age for his father’s Spaza shop, which catered mainly for mine workers.

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Motsepe went on the obtain a Bachelors of arts degree at the University of Swaziland, before completing a las degree at the University of Witwatersrand.

After getting his law degree, Motsepe was the first ever black law firm partner in 1994, the exact year South Africa had its first democratic election.

In 1997 golf prices hit rock bottom, this enabled Motsepe to buy six gold mine shafts from AngloGold for $7.7 million, which he was able to pay off with money his company, now called African Rainbow Minerals, earned.

African Rainbow Minerals was the first black owned mining company in South Africa.

All his hard work led to Motsepe being named South Africa’s wealthiest man in 2012, with a fortune consisting of $2.4 billion. However, he moved down to sixth place in 2017, with a new balance of $1,8 Billion.

He is now able to afford luxuries and lifestyle most other people can’t.

Patrice Motsepe's houses

Motsepe bought a R69 million mansion in Cape Town in 2014, and just a year later, he bought land for R30 million in one of Cape Town’s property hot spots.

The golden life of Patrice Motsepe: mansions, private jets and luxury cars
Mansion of Patrice Motsepe (photo)

The golden life of Patrice Motsepe: mansions, private jets and luxury cars
Patrice Motsepe's house interior (picture)

The golden life of Patrice Motsepe: mansions, private jets and luxury cars
Patrice Motsepe's kitchen (photo)

The golden life of Patrice Motsepe: mansions, private jets and luxury cars
View out of Motsepe's hous (photo)

Patrice Motsepe's cars

Motsepe also has great taste in cars. He reportedly owns a collection of a 2007 BMW 750 iL, Mercedes Benz S65 AMG, a Bentley Continental GT and the BMW 760 Li.

The golden life of Patrice Motsepe: mansions, private jets and luxury cars
Motsepe and his Mercedes Benz S65 AMG

The golden life of Patrice Motsepe: mansions, private jets and luxury cars
Motsepe's car. Bentley Continental GT (photo)

The golden life of Patrice Motsepe: mansions, private jets and luxury cars
Another car from Motsepe's collection - BMW 750 iL

Rumours also surfaced claiming he bought one of his children a Supercharged B7 Audi RS4.

The golden life of Patrice Motsepe: mansions, private jets and luxury cars
Audi RS4 of Motsepe's kid

To top it off, the man owns his own private jet, which he once shared with rapper 50 cent.

The golden life of Patrice Motsepe: mansions, private jets and luxury cars
Patrice Motsepe's private jet

The golden life of Patrice Motsepe: mansions, private jets and luxury cars
Motsepe sitting in his private jet with 50 Cent

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In 2003 Motsepe became the proud owner of Pretoria-based football team Mamelodi Sundowns. If it was a business venture or more of a hobby is unclear, but the brother in law of Cyril Ramaphosa enjoys watching his team play.

The golden life of Patrice Motsepe: mansions, private jets and luxury cars
Motsepe also owns football team Mamelodi Sundowns

The golden life of Patrice Motsepe: mansions, private jets and luxury cars
Mamelodi Sundowns' players celebrate after winning the CAF Champions League

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Source: Briefly News

Authors:
Maryn Blignaut avatar

Maryn Blignaut (Human-Interest HOD) Maryn Blignaut is the Human Interest manager and feature writer. She holds a BA degree in Communication Science, which she obtained from the University of South Africa in 2016. She joined the Briefly - South African News team shortly after graduating and has over six years of experience in the journalism field. Maryn passed the AFP Digital Investigation Techniques course (Google News Initiative), as well as a set of trainings for journalists by Google News Initiative. You can reach her at: maryn.blignaut@briefly.co.za