Wealth is a crown and those who wear it, must be recognised as the kings of the society and be accorded the deserving respect that comes with the crown. But beyond that, it is not easy to get the crown.
You would have to jump through hurdles, overcome quite a number of very unflattering obstacles and have a story to tell. But when you eventually get the crown, you can be sure that the world will be waiting to help you tell your story and there are very many ways to do that. Whats more, more South African billionaires and millionaires are springing up with each passing year.
So, it’s that time of the year again when you regale us with lists of the richest people around us, how they get their money and how much they are truly worth. It would surprise you to know that to make this list is not something that happens overnight, it takes the struggle of decades by the hardest working entrepreneurs and business people to appear in the list.
Over the years, several people who used to be on the list of the richest people in south Africa are no longer as lucky to be on it whereas others are climbing higher and higher each year.
Then of course there are those others who have longed for quite a while to be mentioned in the list and this time, some of them were quite lucky to be remembered. In this article, we’ve taken a look at Forbes list and have combined that with information from other sources such as Bloomberg and Ventures Africa to come up with a more comprehensive list of the richest men in South Africa, these are multi billionaires and multi millionaires, all figures are in US dollars
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10. Cyril Ramaphosa
Net Worth: $675 Million
Industry: Investments/Self Made
A lover of fast cars, vintage wine, trout fishing and game farming, Cyril Ramaphosa is the second richest black businessman in South Africa. He had always loved politics and was hoping to become Nelson Mandela’s vice president which never worked out.
He became the symbol of black capitalism in South Africa. Widely respected as a skilful and formidable negotiator and strategist, he acquired a stake in almost every key sector – from telecoms and the media to beverages and fast-food (he owns the South African franchise of the US fast food chain, McDonalds) and mining.
He is best known for building up the biggest and most powerful trade union in South Africa and with this great acumen, he translated his business to a successful empire. He is currently worth $675 million.