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Richest people in south africa and companies



Richest people in south africa and companies

Richest people in South Africa, a land of diverse cultures and breathtaking landscapes, is also home to some of the wealthiest individuals on the African continent. In this blog post, we will explore the top richest people in South Africa, highlighting their remarkable achievements and the industries that have propelled them to success. So, let’s dive into the world of South Africa’s wealthiest individuals!

1. Elon Musk

Elon Reeve Musk is one of the Richest people in south africa, He was born on June 28, 1971, in Pretoria, South Africa. Contrary to popular belief, his birth name was Elon Reeve Musk, and he did not change it later in life. Musk’s childhood was marked by curiosity and an insatiable appetite for knowledge, foreshadowing the remarkable achievements he would attain in the future.

Education and Formative Years: Musk’s educational journey began at Waterkloof House Preparatory School in Pretoria. His passion for technology and entrepreneurship became evident during his time at Pretoria Boys High School, where he developed a knack for computer programming. Musk’s entrepreneurial spirit led him to launch his first business venture, a video game called Blastar, at the age of just 12.

After completing high school, Musk moved to Canada to pursue higher education. He attended Queen’s University in Kingston, Ontario, before transferring to the University of Pennsylvania in the United States. At Penn, he earned dual bachelor’s degrees in physics and economics, laying the foundation for his future endeavors.

Notable Achievements and Companies: Elon Musk’s list of achievements is extensive and awe-inspiring. Let’s dive into some of the highlights that have catapulted him to global fame:

1. Zip2 Corporation: In 1995, Musk co-founded Zip2, a software company that provided business directories and maps for newspapers. The company’s success led to a multimillion-dollar acquisition by Compaq in 1999.

2. PayPal: Musk’s entrepreneurial journey reached new heights when he co-founded, an online payment company, which later became PayPal. PayPal revolutionized online transactions and was eventually acquired by eBay for a staggering $1.5 billion.

3. SpaceX: Musk’s unwavering vision for space exploration led to the founding of SpaceX in 2002. The company aimed to reduce the cost of space travel and make human colonization of Mars a reality. SpaceX’s achievements include the development of the Falcon 1 and Falcon 9 rockets, as well as the Dragon spacecraft, which successfully delivered supplies to the International Space Station.


4. Tesla, Inc.: Musk’s passion for sustainable energy and electric vehicles led to the creation of Tesla, Inc. in 2003. Tesla’s groundbreaking electric cars, such as the Model S, Model 3, and Model X, have revolutionized the automotive industry and accelerated the world’s transition to sustainable transportation.

2. Nicky Oppenheimer

Nicky Oppenheimer was born on June 8, 1945, in Johannesburg, South Africa. Hailing from a family with a legacy deeply rooted in the diamond industry, Oppenheimer’s father, Harry Oppenheimer, was the former chairman of the De Beers diamond mining company. This birthplace and familial background would play a significant role in shaping Oppenheimer’s future endeavors.

Beyond the Alias: While many recognize him as Nicky Oppenheimer, his real name is Nicholas F. Oppenheimer. Despite his family’s prominence, Oppenheimer has managed to carve his own path and establish himself as an influential figure in his own right.

Education and Early Life: Oppenheimer’s education was nothing short of exceptional. He attended Harrow School in the United Kingdom and later pursued a degree in Philosophy, Politics, and Economics at the University of Oxford. This academic foundation laid the groundwork for his future success and equipped him with the skills necessary to navigate the complex world of business.

Websites that Reflect Success: As a prominent figure in the business world, Oppenheimer’s achievements are well-documented across various websites. One such website is the official page of E. Oppenheimer & Son, the private investment company founded by his grandfather. Additionally, Oppenheimer’s philanthropic efforts are showcased on the Brenthurst Foundation’s website, which focuses on promoting sustainable development and good governance in Africa.

Trailblazing Achievements: Nicky Oppenheimer’s list of achievements is truly awe-inspiring. He served as the chairman of De Beers from 1998 to 2012, during which he played a pivotal role in transforming the company into a global leader in the diamond industry. Oppenheimer’s visionary leadership led to the establishment of the Diamond Trading Company, which revolutionized the diamond market by introducing a transparent and ethical supply chain.

Furthermore, Oppenheimer’s strategic decision to sell a majority stake in De Beers to Anglo American in 2012 showcased his ability to adapt and seize opportunities in a rapidly changing business landscape. This transaction not only solidified his family’s legacy but also positioned him as one of the wealthiest individuals in South Africa.

Beyond Diamonds: While diamonds have been synonymous with the Oppenheimer name, Nicky’s business acumen extends far beyond this precious stone. He has diversified his investment portfolio and is involved in various sectors, including agriculture, real estate, and brewing, through his family’s investment company, E. Oppenheimer & Son.


Nicky Oppenheimer’s journey from his birthplace in Johannesburg to becoming South Africa’s wealthiest individual is a testament to his unwavering determination, exceptional education, and groundbreaking achievements. His contributions to the diamond industry and various other sectors have left an indelible mark on South Africa’s business landscape. As we continue to witness his impact, it is evident that Nicky Oppenheimer’s legacy will endure for generations to come.

3. Johann Peter Rupert

Johann Peter Rupert is also one of the Richest people in south africa, He was born on June 1, 1950, in Johannesburg, South Africa. His birthplace, often referred to as the financial hub of the country, provided him with a perfect environment to nurture his entrepreneurial spirit.

Education: Rupert’s thirst for knowledge led him to pursue a quality education. He attended the prestigious St. Stithians College in Johannesburg, where he laid the foundation for his future success. After completing his schooling, he furthered his education at the University of Stellenbosch, where he studied economics and company law.

Website: To stay connected with his ventures and philanthropic efforts, you can visit Johann Rupert’s official website at The website offers valuable insights into his businesses, investments, and initiatives, providing a comprehensive overview of his work.

Achievements and Companies: Johann Rupert’s entrepreneurial journey is adorned with numerous achievements and successful ventures. Here are some of the key highlights:

1. Richemont: Rupert is widely recognized as the driving force behind Richemont, a luxury goods conglomerate with renowned brands such as Cartier, Montblanc, and Van Cleef & Arpels. Under his leadership, Richemont has become a global powerhouse, setting new standards in luxury craftsmanship and innovation.

2. Remgro: As the founder and chairman of Remgro, a leading investment holding company, Rupert has played a pivotal role in shaping South Africa’s business landscape. Remgro has investments in various sectors, including banking, healthcare, and infrastructure, contributing significantly to the country’s economic development.

3. Reinet Investments: Rupert’s entrepreneurial acumen extends beyond South Africa. He established Reinet Investments, a Luxembourg-based investment vehicle, which holds a diverse portfolio spanning industries such as tobacco, luxury goods, and more. Reinet Investments has consistently delivered impressive returns, further solidifying Rupert’s reputation as a shrewd investor.


Philanthropic Contributions: Johann Rupert’s commitment to giving back to society is evident through his philanthropic endeavors. He has made substantial contributions to education, arts, and conservation initiatives in South Africa. His efforts in promoting sustainable development and empowering local communities have garnered widespread admiration.

Johann Rupert’s journey from Johannesburg to becoming a business magnate is an inspiration to aspiring entrepreneurs worldwide. His relentless pursuit of excellence, coupled with his remarkable achievements in various industries, has not only shaped his own success but has also contributed significantly to South Africa’s economic growth. With his visionary leadership and unwavering commitment to philanthropy, Johann Rupert continues to leave an indelible impact on both the business world and society at large.

4. Koos Bekker

Koos Bekker, whose full name is Jacobus Petrus “Koos” Bekker, was born on December 14, 1952, in Potchefstroom, South Africa. This small town in the North West Province served as the starting point for his incredible journey to success.

Education: Bekker’s thirst for knowledge led him to pursue higher education at Stellenbosch University, where he obtained a Bachelor of Arts degree in Law and Literature. He later completed his Masters in Law at Wits University, solidifying his academic foundation.

Website: To stay connected with his ventures and philanthropic efforts, you can visit the official website of Koos Bekker at This platform offers valuable insights into his businesses, initiatives, and contributions to society.


a) Naspers and Multichoice: One of Bekker’s most significant achievements was his transformative role in Naspers, a multinational media group. Under his leadership as CEO from 1997 to 2014, Naspers witnessed remarkable growth and expansion. Bekker also played a vital role in the establishment and success of Multichoice, a leading pay-TV service provider in Africa.


b) Tencent Investment: Bekker’s strategic vision led to Naspers’ early investment in Tencent, a Chinese multinational conglomerate. This decision proved to be highly lucrative, as Tencent’s subsequent growth skyrocketed Naspers’ value and solidified Bekker’s position as a savvy investor.

c) Philanthropy: Beyond his business ventures, Bekker is actively involved in philanthropy. He has made significant contributions to education and has been instrumental in establishing the South African College of Music Foundation and the African Institute for Mathematical Sciences.

5. Companies: Bekker’s entrepreneurial prowess extends beyond Naspers and Multichoice. He has served on the boards of various companies, including Tencent Holdings Ltd, Media24, and MIH Holdings Ltd. His diverse involvement in these organizations showcases his expertise across multiple industries.

5. Patrice Motsepe

Patrice Tlhopane Motsepe was born on January 28, 1962, in Soweto, Johannesburg, South Africa. He grew up in a small mining town called Hammanskraal, located north of Pretoria. Motsepe’s upbringing in a working-class family instilled in him a strong work ethic and determination to break barriers.

Education: Motsepe’s educational journey began at St. Alban’s College, an esteemed boarding school in Pretoria. He then pursued a law degree from the University of Swaziland and later obtained his Bachelor of Arts degree in Law from the University of the Witwatersrand. Motsepe’s educational background equipped him with the knowledge and skills necessary to navigate the complex world of business and law.

Website: To stay connected with his various ventures and philanthropic endeavors, you can visit Patrice Motsepe’s official website at Through this platform, he shares insights into his business ventures, community initiatives, and his vision for a prosperous South Africa.

Achievements: Motsepe’s achievements are nothing short of extraordinary. In 1994, he founded Future Mining, which became the first black-owned mining company in South Africa. His entrepreneurial spirit and strategic vision led to the establishment of African Rainbow Minerals (ARM) in 2004. ARM quickly became a major player in the mining industry and diversified into various commodities, including platinum, coal, gold, and iron ore.


Motsepe’s business acumen and ability to identify opportunities have earned him numerous accolades. In 2002, he was recognized as South Africa’s Best Entrepreneur by Ernst & Young. He was also listed by Forbes as one of the “100 Most Powerful People in the World” in 2008. His remarkable achievements have not only contributed to his personal wealth but have also created employment opportunities and fostered economic growth in South Africa.

Companies: Apart from ARM, Motsepe has played a pivotal role in establishing and supporting several companies. He is the founder of Ubuntu-Botho Investments, a prominent black empowerment investment group. Additionally, he has interests in various sectors, including financial services, real estate, and energy. His vast business portfolio demonstrates his commitment to driving economic development and empowering marginalized communities.

6. Ivan Glasenberg

Ivan Glasenberg was born on January 7, 1957, in Johannesburg, South Africa. Growing up in the vibrant city, he was exposed to the dynamic nature of business from a young age. His birthplace would later serve as a fertile ground for his entrepreneurial endeavors.

Real Names and Education: Though widely known as Ivan Glasenberg, his full name is Ivan Antonovich Glasenberg. He completed his schooling in South Africa before pursuing higher education at the University of the Witwatersrand, where he earned a Bachelor of Commerce and a Bachelor of Accountancy. This solid foundation in finance and commerce would prove instrumental in shaping his future success.

Notable Achievements and Companies: Glasenberg’s journey to becoming one of South Africa’s wealthiest individuals has been paved with remarkable achievements. One of his most notable accomplishments came when he joined Glencore, a multinational commodity trading and mining company, in 1984. Rising through the ranks, Glasenberg eventually became the CEO of Glencore in 2002, a position he held until 2021.

Under his leadership, Glencore transformed into one of the world’s largest commodity trading companies, operating across various sectors such as metals, minerals, energy, and agricultural products. Glasenberg’s strategic vision and business acumen played a pivotal role in expanding Glencore’s global footprint, making it a powerhouse in the industry.

Websites: To stay connected with Ivan Glasenberg’s ventures and contributions, you can visit his official website at Here, you can gain insights into his philanthropic activities, business initiatives, and the latest news surrounding his endeavors.


Philanthropic Initiatives: Beyond his business successes, Glasenberg is also known for his philanthropic efforts. He has been actively involved in various charitable causes, particularly in South Africa. Through the Ivan Glasenberg Charitable Foundation, he has supported numerous initiatives focused on education, healthcare, and community development. His commitment to giving back to society reflects his belief in the importance of social responsibility.

7. Michiel Le Roux

Michiel Le Roux, the renowned South African entrepreneur, was born on the 29th of October, 1949, in the small town of Riversdale, located in the Western Cape province. While his birthplace may not have been a bustling metropolis, it was here that Le Roux’s journey towards greatness began.

Education: Le Roux’s thirst for knowledge and passion for learning led him to pursue higher education. He completed his schooling at the prestigious Rondebosch Boys’ High School in Cape Town. Afterward, he enrolled at the University of Stellenbosch, where he obtained a Bachelor of Commerce degree. Le Roux’s educational background laid a solid foundation for his future endeavors in the business world.

Achievements and Companies: Michiel Le Roux’s remarkable achievements span across various industries, making him one of the most influential figures in South Africa’s business landscape. One of his notable accomplishments came in 1987 when he co-founded Capitec Bank, a financial institution that aimed to provide accessible banking services to all South Africans. Under Le Roux’s leadership, Capitec Bank grew exponentially and became one of the country’s leading retail banks, serving millions of customers.

Le Roux’s entrepreneurial spirit did not stop at Capitec Bank. He also co-founded and served as chairman for several other successful companies, including Transaction Capital Limited and Rand Merchant Insurance Holdings. These ventures further solidified his position as a prominent figure in the South African business community.

Websites and Online Presence: While Michiel Le Roux may not have a personal website, his influence and achievements can be explored through various sources. Numerous news articles, interviews, and business profiles provide valuable insights into his life and accomplishments. Additionally, official websites of the companies he has been associated with, such as Capitec Bank ( and Transaction Capital Limited (, offer in-depth information about his contributions to these organizations.

8. Stephen Saad

Stephen Saad was born and raised in Durban, a vibrant coastal city located in the KwaZulu-Natal province of South Africa. Growing up in a modest family, Saad’s journey to success began in this picturesque city, which played a pivotal role in shaping his character and entrepreneurial spirit.


Real Names and Education: While Stephen Saad is widely recognized by his birth name, it is worth mentioning that his full name is Stephen Bradley Saad. Saad pursued his education at the University of Natal, where he obtained a Bachelor of Commerce degree. This academic foundation laid the groundwork for his future endeavors in the business world.

Notable Achievements: Stephen Saad’s achievements are nothing short of extraordinary. He co-founded Aspen Pharmacare in 1997, a pharmaceutical company that has grown into a global giant under his leadership. Aspen Pharmacare is renowned for its commitment to providing affordable and accessible healthcare solutions, earning Saad widespread recognition and respect. His visionary approach and strategic decision-making have propelled the company’s growth, resulting in its presence in over 150 countries worldwide.

Established Companies: Apart from Aspen Pharmacare, Stephen Saad has been involved in the establishment and growth of several other successful companies. These include:

i. Ascendis Health: Stephen Saad played a pivotal role in the founding of Ascendis Health, a multinational healthcare company focused on providing innovative and high-quality products. Ascendis Health has expanded its operations across various sectors, including pharmaceuticals, consumer health, and medical devices.

ii. Akacia Healthcare: Another notable venture by Saad, Akacia Healthcare, focuses on providing specialized healthcare services to patients in need. This company has gained recognition for its commitment to delivering exceptional healthcare solutions in South Africa and beyond.

Websites: For more information about Stephen Saad and his remarkable journey, you can visit the following websites:

– Official website:


– Aspen Pharmacare:

– Ascendis Health:

– Akacia Healthcare:

10. Jannie Mouton

Jannie Mouton was born on the 2nd of December, 1946, in the picturesque town of Malmesbury, South Africa. Growing up in a modest household, he was instilled with core values of hard work, perseverance, and a relentless pursuit of excellence.

The Real Names: While most people recognize him as Jannie Mouton, it is worth mentioning that his full name is Johannes Petrus Mouton. Despite his success and fame, Mouton has always remained grounded, staying true to his roots.

The Pursuit of Education: Mouton’s thirst for knowledge led him to pursue a degree in accounting, graduating from Stellenbosch University. This strong educational foundation played a pivotal role in shaping his business acumen and financial expertise.

The Birth of PSG Group: In 1995, Jannie Mouton founded the PSG Group, a diversified investment holding company. Under his astute leadership, PSG Group grew exponentially, becoming a prominent player in various industries, including financial services, education, and healthcare.


Notable Achievements and Companies: Mouton’s entrepreneurial prowess has led to the establishment of numerous successful companies. Some of the notable achievements include:

a) Capitec Bank: Mouton played a pivotal role in the creation and success of Capitec Bank, which has become one of South Africa’s leading retail banks, providing accessible banking solutions to millions.

b) Curro Holdings: Recognizing the importance of quality education, Mouton co-founded Curro Holdings, a leading private education group. Curro has since expanded its reach, offering world-class education to learners across the country.

c) Zeder Investments: As the largest shareholder of Zeder Investments, Mouton has been instrumental in its growth and diversification. Zeder focuses on the agricultural sector, with investments in various companies involved in farming, food production, and related industries.

Online Presence: For those interested in exploring more about Jannie Mouton’s achievements and business ventures, PSG Group’s official website ( provides comprehensive information. Additionally, Mouton’s valuable insights and thoughts can be found through interviews and articles available on various reputable business platforms.

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