Wealth decline continues for Africa’s first Black billionaire Patrice Motsepe, as he loses another $100 million
The decline in Motsepe’s wealth can be attributed to the sustained drop in the share price of African Rainbow Minerals.
Patrice Motsepe
Billionaire Patrice Motsepe’s Tyme Bank sets ambitious plans for Vietnam expansion
TymeBank is partly owned by Motsepe’s African Rainbow Capital Financial Services Holding.
The 10 most generous South African philanthropists of all time
From Allan Gray to Patrice Motsepe, meet the 10 most generous South African philanthropists ever.
Africa’s first Black billionaire Patrice Motsepe loses $800 million
Motsepe’s net worth falls by $800 million as African Rainbow Minerals shares decline.
South African billionaire Patrice Motsepe’s net worth slumps by $500 million in 2023
Motsepe remains the richest Black person in Southern Africa.
Tymebank breaks new ground with 6.2 million customers thanks to Patrice Motsepe’s ARC support
TymeBank is owned in part by ARC Financial Services Holding, a Black-owned and -controlled company linked to Motsepe.
South African billionaire Patrice Motsepe to pocket $67.1 million dividend from ARM
Motsepe owns a 39.7-percent stake in the diversified mining group.
South African billionaire Patrice Motsepe’s ARM surpasses expectations with $280 million H1 2023 profit
African Rainbow Minerals is a diversified mining group led by South African billionaire Patrice Motsepe.
Meet the 7 richest South African billionaires in 2023
South Africa maintains its position as Africa’s largest wealth market and most industrialized economy.
South African billionaire Patrice Motsepe donates $1.64 million to assist students struggling with debt
Motsepe is a prominent figure in Africa, renowned as both a top philanthropist and a billionaire.
South African billionaire Patrice Motsepe’s net worth slumps by $400 million
Motsepe owns 39.7 percent of ARM.
Meet the first Black billionaire who rebuilt his wealth after costly divorce settlement
As the first Black billionaire, Johnson continues to attract capital and create value for investors.
Patrice Motsepe-backed TymeBank targets 28 million customers via partnership with TFG
TymeBank is partly owned by Motsepe’s African Rainbow Capital (ARC) Financial Services Holding.
Patrice Motsepe’s ARM stake value jumps $212.5 million thanks to success on JSE
ARM is South Africa’s first Black-owned mining company.
Billionaire Patrice Motsepe’s ARM faces $195-million lawsuit from Tanzania’s Pula
Motsepe owns a 39.7-percent stake in ARM.
Five dividend-paying shares owned by African billionaires you can buy
Investing in dividend-paying stocks can be a great way to generate passive income.