The real-time ranking of the top 10 richest South Africans in 2024 has been achieved. Some individuals have maintained their top spots from the previous year, showcasing their consistent wealth.
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List Of Richest South Africans 2024
Johann Rupert, Nicky Oppenheimer, and Patrice Motsepe are among the individuals who have continued to hold their top positions since the beginning of the year. Koos Bekker has also maintained his wealth and position with a net worth of $2.4 billion from last year.
Top 10 List and Net Worth in USD
All the billionaires mentioned below have seen changes in their global rankings. Here are the top 10 richest individuals in South Africa for 2024:
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Aliko Dangote
- Net Worth: $13.5 billion
- Age: 66
- Background: Aliko Dangote is a self-made billionaire, Nigerian businessman, and philanthropist. He is the founder of Dangote Cement, the largest producer of cement in South Africa. Dangote is the richest black person in the world and the 107th richest person overall. His companies include the Dangote Group and BCC Lions FC. He has made significant contributions to various sectors, including agriculture, banking, and manufacturing.
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Johann Rupert
- Net Worth: $9.7 billion
- Age: 73
- Background: JJohann Rupert established Compagnie Financiere Richemont SA and Richemont SA. He is renowned for his high-end brands such as Cartier and Montblanc. Rupert also has interests in firms such as Discovery, Mediclinic, RCL Foods, and Total Energies. His enterprises create numerous employment opportunities and make substantial contributions to charitable causes. Rupert’s business expertise and astute investments have firmly established him as one of the wealthiest individuals in South Africa.
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Nicky Oppenheimer
- Net Worth: $8.3 billion
- Age: Born in 1945
- Background: Nicky Oppenheimer is a businessman and conservationist. He was the chairman of De Beers, the world’s leading diamond trading company, and the deputy chairman of Anglo-Americans. Oppenheimer and his family have contributed to conserving 720 square miles of land across South Africa. He sold 40% of De Beers to Anglo for $5.2 billion in cash. Oppenheimer’s commitment to conservation and sustainable development has earned him recognition both locally and internationally.
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Koos Bekker
- Net Worth: $2.4 billion
- Background: Koos Bekker is the chairman of Naspers, a company that transformed from a South African newspaper into a global cable TV powerhouse. Bekker is known for his innovative and risky business approach. Under his leadership, Naspers invested in Tencent, which is now considered the twelfth biggest company globally. Bekker’s strategic vision and bold decisions have significantly contributed to his wealth and the growth of Naspers.
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Patrice Motsepe
- Net Worth: $2.3 billion
- Background: Patrice Motsepe is a prominent businessman and philanthropist. He was the first black billionaire in South Africa. Motsepe launched his private equity firm focused on investing in various sectors. He is also the owner and president of Mamelodi Sundowns, one of the most valuable football clubs in South Africa. In 2021, Motsepe was elected president of the Confederation of African Football. His contributions to sports and philanthropy have made a significant impact on South African society.
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Michiel Le Roux
- Net Worth: $1.2 billion
- Background: Michiel Le Roux is the founder of Capitec Bank, established in 2001. He is trained as a lawyer and has banking experience at Boland Bank. Currently, Le Roux serves as the chairman of Stellenbosch Nanofiber. His innovative approach to banking and financial services has positioned Capitec Bank as one of the leading banks in South Africa.
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Abdul Samad Rabiu
- Net Worth: $6.4 billion
- Background: Abdul Samad Rabiu is a Nigerian businessman and the founder and chairman of BUA Group. BUA Group is a conglomerate with interests in cement production, real estate, and sugar refining. Rabiu’s business ventures have significantly contributed to the economic development of Nigeria and South Africa.
Additional Notable Individuals
- Rodney Sacks
- Patrick Soon Shiong
- Stephen Saad
- Christoffel Wiese
These individuals make significant contributions to South Africa’s growth and welfare, creating numerous jobs and supporting the economy. Their entrepreneurial spirit and dedication to various industries have solidified their positions as some of the wealthiest individuals in the country.
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