The top three wealthiest people in South Africa are all billionaires. Nicky Oppenheimer, Johann Rupert and Patrice Motsepe are some of South Africa's richest citizens.
All three saw an increase in their net wealth.
Richest man in south africa
According to Statisa.com, the richest man in South Africa, third richest in the African continent, and 308th in the world were Nicky Oppenheimer and his family with a net worth of $8 billion. Nicky Oppenheimer remains South Africa's wealthiest man after controlling business conglomerate Anglo American, and many other diamond and mining interests.
South African Billionaires
They are followed by Johann Rupert and his family with 7.1 U.S. dollars of net worth. Johann Rupert's net worth declined for the first time in a decade.
Patrice Motsepe remained the wealthiest black person in the country. With a new worth of 2.9 billion U.S. dollars, we can see why. He is the founder of African Rainbow Minerals and the first black African on the Forbes list.
There are many reasons for this, but one that stands out is the increase in the price of gold and diamonds. What’s more, these three billionaires have all invested in other businesses outside South Africa, so their wealth extends beyond the borders of the country.
Click here to view the Forbes real-time billionaires list.