South African billionaire Desmond Sacco got rich sharing one mine with Patrice Motsepe
Desmond Sacco and Patrice Motsepe each own half of Assmang and neither has bought the other out. The arrangement made both men billionaires.
Desmond Sacco
Gemfields, linked to South African billionaire Desmond Sacco, sells Fabergé for $50 million
Gemfields is selling luxury jeweler Fabergé to SMG Capital for $50 million, refocusing on core mining operations in Mozambique and Zambia.
5 companies owned by South African mogul Desmond Sacco
Under Sacco’s leadership, Assore Group thrives as a key player in the mining sector, marked by strategic investments and operational prowess.