{"id":104581,"date":"2015-11-19T19:15:15","date_gmt":"2015-11-19T17:15:15","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=104581"},"modified":"2015-11-19T17:57:41","modified_gmt":"2015-11-19T15:57:41","slug":"the-16-richest-people-in-south-africa-right-now","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/104581\/the-16-richest-people-in-south-africa-right-now\/","title":{"rendered":"The 16 richest people in South Africa right now"},"content":{"rendered":"

Forbes has ranked the 50 richest people in Africa in 2015 – and 16 South Africans have made the list, supplanting Nigeria which dominated in 2014.<\/p>\n

According to Forbes, one-third of Africa’s richest business leaders live in South Africa, including six of Africa’s 23 billionaires.<\/p>\n

However, a tough economic market, as well as the weakness of the rand versus the US dollar, means that the fortunes of the country’s richest have shrunk over the past year.<\/p>\n

The 16 South Africans ranked by Forbes have a combined net worth of $28.45 billion (R402.7 billion), led by Nicky Oppenheimer, with $6.66 billion (R94.3 billion).<\/p>\n

Luxury goods mogul Johann Rupert has historically ranked as the country’s richest man, however in September, Rupert lost his spot at the top to Retail tycoon, Christo Wiese.<\/p>\n

\"Christo<\/a>

Christo Wiese<\/p><\/div>\n

Wiese, with a net worth of $6.5 billion (down from $6.8 billion in September) has since made way for Oppenheimer, whose wealth is derived largely from the sale of diamond group, De Beers, and other investments.<\/p>\n

Oppenheimer, Wiese and Rupert lead the other wealthy individuals by some margin, with Rupert’s $6.3 billion net worth far ahead of number four in the country, Koos Bekker, who boasts a $1.7 billion fortune.<\/p>\n

The other two billionaires listed are Aspen Pharma’s CEO, Stephen Saad (worth $1.2 billion) and Africa Rainbow Minerals head, Patrice Motsepe (worth $1.05 billion).<\/p>\n

\"Top<\/a>Notably, deputy president Cyril Ramaphosa is also listed, with a net worth of $450 million. Ramaphosa, who is billionaire Motsepe’s brother-in-law, pulled out of many of his business investments when he became deputy president of the ANC.<\/p>\n

The sale of shares in investment firm Shanduka, in particular, fetched millions for the politician.<\/p>\n

\"Cyril<\/a>

Cyril Ramaphosa<\/p><\/div>\n

Other rand-billionaires listed are Pick N Pay\u2019s Raymond Ackerman; Discovery Holdings CEO Adrian Gore; Steinhoff CEO Markus Jooste; Capitec Bank founder and chairman Michiel Le Roux; and Italtile chairman Giovanni Ravazzotti.<\/p>\n

These are South Africa’s richest people<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
#<\/th>\nName<\/th>\nNet worth ($m)<\/th>\nNet worth (Rm)<\/th>\n<\/tr>\n
1<\/td>\nNicky Oppenheimer<\/td>\n6 660<\/td>\n94 260<\/td>\n<\/tr>\n
2<\/td>\nChristo Wiese<\/td>\n6 500<\/td>\n91 995<\/td>\n<\/tr>\n
3<\/td>\nJohann Rupert<\/td>\n6 300<\/td>\n89 165<\/td>\n<\/tr>\n
4<\/td>\nKoos Bekker<\/td>\n1 700<\/td>\n24 060<\/td>\n<\/tr>\n
5<\/td>\nStephen Saad<\/td>\n1 200<\/td>\n16 985<\/td>\n<\/tr>\n
6<\/td>\nPatrice Motsepe<\/td>\n1 050<\/td>\n14 860<\/td>\n<\/tr>\n
7<\/td>\nJannie Mouton<\/td>\n970<\/td>\n13 730<\/td>\n<\/tr>\n
8<\/td>\nLaurie Dippenaar<\/td>\n610<\/td>\n8 630<\/td>\n<\/tr>\n
9<\/td>\nMachiel Le Roux<\/td>\n530<\/td>\n7 500<\/td>\n<\/tr>\n
10<\/td>\nRaymond Ackerman<\/td>\n500<\/td>\n7 075<\/td>\n<\/tr>\n
11<\/td>\nAdrian Gore<\/td>\n480<\/td>\n6 790<\/td>\n<\/tr>\n
12<\/td>\nCyril Ramaphosa<\/td>\n450<\/td>\n6 370<\/td>\n<\/tr>\n
13<\/td>\nGT Ferreira<\/td>\n420<\/td>\n5 940<\/td>\n<\/tr>\n
14<\/td>\nGus Attridge<\/td>\n410<\/td>\n5 800<\/td>\n<\/tr>\n
15<\/td>\nMarkus Jooste<\/td>\n400<\/td>\n5 660<\/td>\n<\/tr>\n
16<\/td>\nGiovanni Ravazzotti<\/td>\n330<\/td>\n4 670<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Conversion done at USD 1 = ZAR 14.15<\/em><\/p>\n

Although not listed by Forbes, South Africa has another dollar billionaire – Nando’s investor Dick Enthoven. According to Bloomberg, the reclusive executive is worth as much as $1.1 billion (R15.5 billion) thanks to the global chicken franchise.<\/p>\n

More on the wealthy<\/h3>\n

South Africa\u2019s top 10 richest suburbs<\/a><\/strong><\/p>\n

What South Africa\u2019s richest 1% are worth<\/a><\/strong><\/p>\n

What if South Africa\u2019s richest men gave all their money away?<\/a><\/strong><\/p>\n

South Africa has a new richest man<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Forbes has ranked the 50 richest people in Africa in 2015 – and 16 South Africans have made the list, supplanting Nigeria which dominated in 2014.<\/p>\n","protected":false},"author":10,"featured_media":21787,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[4932,1896,26],"class_list":["post-104581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-billionaires","tag-forbes","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/104581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=104581"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/104581\/revisions"}],"predecessor-version":[{"id":104699,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/104581\/revisions\/104699"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/21787"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=104581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=104581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=104581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}