{"id":114922,"date":"2016-03-01T19:10:31","date_gmt":"2016-03-01T17:10:31","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=114922"},"modified":"2016-03-01T16:54:51","modified_gmt":"2016-03-01T14:54:51","slug":"these-6-south-aficans-lost-r74-billion-in-2015","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/114922\/these-6-south-aficans-lost-r74-billion-in-2015\/","title":{"rendered":"These 6 South Africans lost R74 billion in 2015"},"content":{"rendered":"<p>Forbes has released it billionaires list for 2016, which includes six familiar South African names in its ranks &#8211; all of whom lost a lot of money in 2015.<\/p>\n<p>The past 12 months have been tough on South Africa&#8217;s wealthiest people. The group of six saw their collective net worth of $26.5 billion in 2015, dwindle by 18% in 2016 to $21.8 billion.<\/p>\n<p>Hardest hit is minerals boss, Patrice Motsepe, who saw his wealth effectively halved over the past year.<\/p>\n<p>According to Forbes, diamond magnate Nicky Oppenheimer has once again taken the crown as South Africa&#8217;s richest man, replacing retail tycoon Christo Wiese, who enjoyed the top spot for most of last year.<\/p>\n<p>Johann Rupert slipped to third with a an estimated net worth of $5.3 billion, below Wiese&#8217;s $5.8 billion.<\/p>\n<p>Oppenheimer is the only South African in the top 200, ranked 174th, overall, with Wiese and Rupert ranked within the top 250, at 214th and 248th, respectively.<\/p>\n<p>Three other South Africans are classified as dollar billionaires, but not among the top 1,000. Allan Gray is estimated to be worth $1.6 billion (1121st overall), followed by Naspers chairman Koos Bekker at $1.4 billion (1275th) and minerals boss Patrice Motsepe at $1.1 billion (1577th).<\/p>\n<p>Aspen Pharmaceuticals head, Stephen Saad, who was ranked among the billionaires in 2015 lost his super-rich status, falling off the list in 2016, according to Forbes.<\/p>\n<p>Here is how South Africa&#8217;s billionaires&#8217; fortunes have changed over the past 12 months.<\/p>\n<h3 class=\"my-4\">South African billionaires<\/h3>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th bgcolor=\"#CCCCCC\" width=\"5%\">#<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"5%\">Change from 2015<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"30%\">Person<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"20%\">Net worth (US$) 2015<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"20%\">Net worth (US$) 2016<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"20%\">Change (%)<\/th>\n<\/tr>\n<tr>\n<td>174<\/td>\n<td>+21<\/td>\n<td>Nicky Oppenheimer<\/td>\n<td>$6.7\u00a0billion<\/td>\n<td>$6.6 billion<\/td>\n<td><strong><span style=\"color: #ff0000;\">-1.5%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>214<\/td>\n<td>+11<\/td>\n<td>Christo Wiese<\/td>\n<td>$6.3\u00a0billion<\/td>\n<td>$5.8 billion<\/td>\n<td><strong><span style=\"color: #ff0000;\">-7.9%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>248<\/td>\n<td>-69<\/td>\n<td>Johann Rupert<\/td>\n<td>$7.4\u00a0billion<\/td>\n<td>$5.3 billion<\/td>\n<td><strong><span style=\"color: #ff0000;\">-28.4%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>1121<\/td>\n<td>+105<\/td>\n<td>Allan Gray<\/td>\n<td>$1.6 billion<\/td>\n<td>$1.6\u00a0billion<\/td>\n<td>0.0%<\/td>\n<\/tr>\n<tr>\n<td>1275<\/td>\n<td>-465<\/td>\n<td>Koos Bekker<\/td>\n<td>$2.3\u00a0billion<\/td>\n<td>$1.4 billion<\/td>\n<td><strong><span style=\"color: #ff0000;\">-39.1%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>1577<\/td>\n<td>-730<\/td>\n<td>Patrice Motsepe<\/td>\n<td>$2.2\u00a0billion<\/td>\n<td>$1.1 billion<\/td>\n<td><strong><span style=\"color: #ff0000;\">-50.0%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#DDDDDD\"><\/td>\n<td bgcolor=\"#DDDDDD\"><\/td>\n<td bgcolor=\"#DDDDDD\"><strong>Total<\/strong><\/td>\n<td bgcolor=\"#DDDDDD\"><strong>$26.5 billion<\/strong><\/td>\n<td bgcolor=\"#DDDDDD\"><strong>$21.8\u00a0billion<\/strong><\/td>\n<td bgcolor=\"#DDDDDD\"><strong><span style=\"color: #ff0000;\">-17.7%<\/span><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n<h3 class=\"my-4\">Global billionaires<\/h3>\n<p>South Africa&#8217;s super-rich were not alone in 2015. According to Forbes, global billionaires&#8217;\u00a0aggregate net worth was $6.48 trillion, $570 billion less than last year.<\/p>\n<p>It was also the first time since 2010 that the average net worth of a billionaire dropped \u2013 it is now $3.6 billion, $300 million less than last year.<\/p>\n<p>As many as 221 people fell off the list, while 198 newcomers joined the ranks &#8211; and of those\u00a0who made it into the new year as a billionaire, 892 are poorer while only 501 added to their fortunes.<\/p>\n<p>Globally, the world rich list remained virtually unchanged, with the top 10 dominated by those individuals who have been there for the better part of a decade.<\/p>\n<p>Microsoft founder and philanthropist Bill Gates remains the world&#8217;s richest man with an estimated net worth of $75 billion. He is followed by Amancio Ortega at $67 billion and investor, Warren Buffett at $60.8 billion.<\/p>\n<h3 class=\"my-4\">Here are the world&#8217;s 10 richest people<\/h3>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th bgcolor=\"#CCCCCC\" width=\"10%\">#<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"50%\">Person<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"20%\">Source of wealth<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"20%\">Net worth (US$)<\/th>\n<\/tr>\n<tr>\n<td>1<\/td>\n<td>Bill Gates<\/td>\n<td>Microsoft<\/td>\n<td>$75.0 billion<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td>Amancio Ortega<\/td>\n<td>Zara<\/td>\n<td>$67.0\u00a0billion<\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<td>Warren Buffett<\/td>\n<td>Berkshire Hathaway<\/td>\n<td>$60.8\u00a0billion<\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<td>Carlos Slim Helu<\/td>\n<td>American Movil<\/td>\n<td>$50.0\u00a0billion<\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<td>Jeff Bezos<\/td>\n<td>Amazon.com<\/td>\n<td>$45.2\u00a0billion<\/td>\n<\/tr>\n<tr>\n<td>6<\/td>\n<td>Mark Zuckerberg<\/td>\n<td>Facebook<\/td>\n<td>$44.6\u00a0billion<\/td>\n<\/tr>\n<tr>\n<td>7<\/td>\n<td>Larry Ellison<\/td>\n<td>Oracle<\/td>\n<td>$43.6\u00a0billion<\/td>\n<\/tr>\n<tr>\n<td>8<\/td>\n<td>Michael Bloomberg<\/td>\n<td>Bloomberg<\/td>\n<td>$40.0\u00a0billion<\/td>\n<\/tr>\n<tr>\n<td>9<\/td>\n<td>Charles Koch<\/td>\n<td>Diversified<\/td>\n<td>$39.6\u00a0billion<\/td>\n<\/tr>\n<tr>\n<td>9<\/td>\n<td>David Koch<\/td>\n<td>Diversified<\/td>\n<td>$39.6\u00a0billion<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n<h3 class=\"my-4\">More on wealth<\/h3>\n<p><strong><a title=\"Permalink to These are the 6 richest billionaires in South Africa\" href=\"http:\/\/businesstech.co.za\/news\/general\/114286\/these-are-the-6-richest-billionaires-in-south-africa\/\" rel=\"bookmark\">These are the 6 richest billionaires in South Africa<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Richest banking executives in South Africa\" href=\"http:\/\/businesstech.co.za\/news\/wealth\/111427\/richest-banking-executives-in-south-africa\/\" rel=\"bookmark\">Richest banking executives in South Africa<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to South Africa\u2019s richest women vs the world\" href=\"http:\/\/businesstech.co.za\/news\/wealth\/110961\/south-africas-richest-women-vs-the-world\/\" rel=\"bookmark\">South Africa\u2019s richest women vs the world<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes has released it billionaires list for 2016, which includes six familiar South African names in its ranks &#8211; who all lost a lot of money in 2015.<\/p>\n","protected":false},"author":10,"featured_media":79265,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4932,1896,26],"class_list":["post-114922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-billionaires","tag-forbes","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/114922","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=114922"}],"version-history":[{"count":8,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/114922\/revisions"}],"predecessor-version":[{"id":114952,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/114922\/revisions\/114952"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/79265"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=114922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=114922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=114922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}