{"id":147085,"date":"2016-12-11T10:17:08","date_gmt":"2016-12-11T08:17:08","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=147085"},"modified":"2016-12-11T10:17:51","modified_gmt":"2016-12-11T08:17:51","slug":"these-are-the-10-richest-businessmen-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/147085\/these-are-the-10-richest-businessmen-in-south-africa\/","title":{"rendered":"These are the richest businessmen in South Africa"},"content":{"rendered":"<p>The Sunday Times has published its rich-list for 2016, showing that South Africa has 53 billionaires &#8211; led by Christo Wiese who is worth R81.3 billion.<\/p>\n<p>Wiese holds on to his crown despite a poor year which has seen a drop in the market value of Steinhoff Holdings, of which he is chairman, and Brait SE, in which he has a 34.63% stake.<\/p>\n<p>Overall, Wiese saw his wealth decline by R23.5-billion, from R104.8 billion a year ago, according to the paper.<\/p>\n<p>The richlist was compiled by Who Owns Whom, which extracted the shareholdings of\u00a0 company executives, using market prices reflected on November 30, 2016.<\/p>\n<p>Ivan Glasenburg, the chief executive of Glencore, is ranked second &#8211; boosted by a recovery in the commodities sector. Glencore has seen its share price climb more than 200% in 2016.<\/p>\n<p>Aspen Pharamacare\u2019s Stephen Saad<span class=\"st\"> is third on the list, while controversial businessman, Atul Gupta, is seventh.<br \/>\n<\/span><\/p>\n<p><strong>Top 10 wealthiest businessmen in SA:<\/strong><\/p>\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=\"20%\">Billionaire<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"20%\">Main Company<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"20%\">\u00a0Share holding<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"30%\">Total fortune<\/th>\n<\/tr>\n<tr>\n<td>1<\/td>\n<td>Christo Wiese<\/td>\n<td>Brait SE<\/td>\n<td>34.63%<\/td>\n<td><strong>R81.2 billion<\/strong><\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td>Ivan Glasenberg<\/td>\n<td>Glencore<\/td>\n<td>8.31%<\/td>\n<td><strong>R60 billion<br \/>\n<\/strong><\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<td>Stephen Saad<\/td>\n<td>Aspen Pharmacare<\/td>\n<td>12.13%<\/td>\n<td><strong>R16 billion<br \/>\n<\/strong><\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<td>John Whittaker<\/td>\n<td>Intu Properties<\/td>\n<td>24.83%<\/td>\n<td><strong>R15.9 billion<br \/>\n<\/strong><\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<td>Laurie Dippenaar<\/td>\n<td>First Rand\/RMB<\/td>\n<td>1.87%<\/td>\n<td><strong>R12.9 billion<br \/>\n<\/strong><\/td>\n<\/tr>\n<tr>\n<td>6<\/td>\n<td>Bruno Steinhoff<\/td>\n<td>Steinhoff<\/td>\n<td>4.54%<\/td>\n<td><strong>R12.6 billion<\/strong><\/td>\n<\/tr>\n<tr>\n<td>7<\/td>\n<td>Atul Gupta<\/td>\n<td>Oakbay Resources<\/td>\n<td>64%<\/td>\n<td><strong>R10.7 billion<br \/>\n<\/strong><\/td>\n<\/tr>\n<tr>\n<td>8<\/td>\n<td>Rupert family<\/td>\n<td>Remgro<\/td>\n<td>100%<\/td>\n<td><strong>R10.6 billion<br \/>\n<\/strong><\/td>\n<\/tr>\n<tr>\n<td>9<\/td>\n<td>Jannie Mouton<\/td>\n<td>PSG Group<\/td>\n<td>21.75%<\/td>\n<td><strong>R9.8 billion<br \/>\n<\/strong><\/td>\n<\/tr>\n<tr>\n<td>10<\/td>\n<td>Koos Bekker<\/td>\n<td>Naspers<\/td>\n<td>1.07%<\/td>\n<td><strong>R9.6 billion<br \/>\n<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n<p>Patrice Motsepe is 11th on the list, having seen his wealth grow to\u00a0R9.6 billion, from R3.8 billion in 2015, thanks to a 40.73% holding in African Rainbow Minerals in a year which has seen a recovery in the resources sector.<\/p>\n<p>Johann Rupert dropped to 22nd on the list due to Compagnie Financiere Richemont SA&#8217;s struggles in Europe. Rupert serves as the chairman of the <span class=\"st\">Swiss luxury goods firm<\/span>.<\/p>\n<p><em>The full list can be found in the December 11, 2016 edition of the Sunday Times.<\/em><\/p>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/wealth\/136171\/south-africa-has-a-new-richest-man-while-the-fight-is-on-for-the-global-number-one\/\" target=\"_blank\">South Africa has a new richest man \u2013 while the fight is on for the global number one<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Sunday Times has published its rich-list for 2016, showing that South Africa has 53 billionaires &#8211; led by Christo Wiese who is worth R81.3 billion.<\/p>\n","protected":false},"author":10,"featured_media":112217,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[26],"class_list":["post-147085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/147085","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=147085"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/147085\/revisions"}],"predecessor-version":[{"id":147089,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/147085\/revisions\/147089"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/112217"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=147085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=147085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=147085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}