South African billionaire Patrice Motsepe’s net worth rebounds to $3.4 billion
South African billionaire Patrice Motsepe’s net worth rises to $3.4 billion after gains in Harmony Gold offset earlier losses.
Patrice Motsepe
South African billionaire Patrice Motsepe’s ARM halts operations at Bokoni mine
The company said Friday the shutdown will allow it to work on a revised mining plan for the Limpopo-based mine, after mounting losses and rising costs.
South African billionaire Motsepe pockets $32.5 million ARM dividend
Billionaire Patrice Motsepe will earn R574.8M ($32.5M) in dividends from ARM despite a sharp earnings drop at his mining group.
Patrice Motsepe’s African Rainbow Minerals posts 47% profit drop, trims payout
African Rainbow Minerals’ profit slumped 47% as weaker iron ore prices and Bokoni losses offset gains in manganese; dividend reduced to R6 a share.
Sanlam, backed by Patrice Motsepe, posts $654 million profit in H1 2025
Sanlam, backed by Patrice Motsepe, lifted H1 profit 6.9% to $654 million on gains from life, general insurance and investment management units.
Motsepe-backed Harmony Gold wins shareholder approval for $1.03 billion Australian copper deal
Harmony Gold secures support in its $1.03 billion MAC Copper acquisition, expanding its global mining portfolio.
South African billionaire Patrice Motsepe-linked Sanlam sells KwaZulu-Natal shopping mall
Sanlam, linked to Patrice Motsepe, has finalized the sale of Southcoast Mall in KwaZulu-Natal, streamlining property holdings to focus on core finance.
South African billionaire Patrice Motsepe drives Harmony Gold to $4.1 billion revenue
Harmony Gold, led by Patrice Motsepe, posts $4.07 billion revenue and $824 million profit as higher prices offset weaker output.
Motsepe-backed Harmony Gold gets clearance for $1-billion copper deal
Patrice Motsepe’s Harmony-backed mining giant gets green light to buy Australian copper company in $1-billion deal.
South African billionaire Patrice Motsepe’s ARM to buy $3.3 million Canadian copper stake
ARM boosts copper exposure with a $3.3 million Surge Copper stake, giving Patrice Motsepe’s group nearly 20 percent ownership.
South African billionaire Patrice Motsepe’s ARC battles US firm in $193 million lawsuit
Patrice Motsepe’s ARC takes a $193.7 million graphite mining dispute with US-linked Pula Group to Johannesburg’s High Court.
South African billionaire Patrice Motsepe’s net worth falls by $200 million over 17 days
Patrice Motsepe’s net worth drops by $200 million in 17 days as African Rainbow Minerals battles profit declines and market pressure.
South African billionaire Patrice Motsepe loses $100 million as ARM plans to cut jobs
Patrice Motsepe’s wealth drops by $100 million as African Rainbow Minerals cuts jobs, faces legal heat, and battles falling mining profits.
The world’s 23 Black billionaires in July 2025
Black billionaires near $100 billionaire net worth as AI, energy, and finance drive gains; Dangote and Karp lead the July 2025 ranking.
South African billionaire Patrice Motsepe’s wealth rises to $3.4 billion
Patrice Motsepe’s fortune hits $3.4 billion as shares in Harmony Gold and ARM surge; fintech bets deepen his footprint in digital finance.
Mining company owned by Africa's first Black billionaire unveils plans to cut jobs
The decision underscores ongoing challenges in South Africa’s manganese mining sector and broader commodity price pressures.