{"id":217487,"date":"2018-01-02T17:00:28","date_gmt":"2018-01-02T15:00:28","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=217487"},"modified":"2018-01-02T16:58:10","modified_gmt":"2018-01-02T14:58:10","slug":"the-7-richest-south-africans-at-the-start-of-2018","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/217487\/the-7-richest-south-africans-at-the-start-of-2018\/","title":{"rendered":"The 7 richest South Africans at the start of 2018"},"content":{"rendered":"<p>A real-time list of the world&#8217;s dollar billionaires by Forbes shows that seven are from South Africa as we enter the new year, with Christo Wiese having lost his billionaire status in December following the fallout of a massive scandal that has seen retail entity Steinhoff&#8217;s share price disintegrate over the past month.<\/p>\n<p>Steinhoff International\u2019s chairman and largest shareholder with 23%, Wiese, <a href=\"https:\/\/businesstech.co.za\/news\/business\/216857\/christo-wiese-steps-down-as-steinhoff-chairman\/\" target=\"_blank\" rel=\"noopener\">stepped down<\/a> from the supervisory board of the group after an accounting scandal engulfed the retail giant in December.<\/p>\n<p>Nicky Oppenheimer maintains his position as the country&#8217;s richest man, sitting just outside the global top 200, with Wiese having seen his fortune dwindle from approximately $6 billion at the start of 2017, to well below the billion dollar figure by the start of January.<\/p>\n<p>Back on the list are Allan Gray and mining magnate Desmond Sacco, while not included is\u00a0Natie Kirsh, who features on <a href=\"https:\/\/www.bloomberg.com\/billionaires\/\" target=\"_blank\" rel=\"noopener\">Bloomberg&#8217;s list<\/a>, with a fortune of $6.39 billion.\u00a0 Bloomberg has Johann Rupert as the country&#8217;s richest person, and 196th in the world with a fortune of $8.10 billion, with Nicky Oppenheimer second ($7.18 billion).<\/p>\n<p>Kirsh is a South African-born Swazi billionaire businessman, with property spanning Australia, Swaziland, and the UK.<\/p>\n<p>The strength of the South African rand &#8211; up 17% in 2017 &#8211; would have in many cases, helped to boost the fortunes of the country&#8217;s ultra-wealthy individuals.<\/p>\n<h3 class=\"my-4\">South Africa\u2019s billionaires in 2018<\/h3>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th bgcolor=\"#CCCCCC\" width=\"10%\">2018 rank<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"10%\">Source<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"50%\">Name<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"15%\">Net worth (US$bn)<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"15%\">2017<\/th>\n<\/tr>\n<tr>\n<td>#216<\/td>\n<td>Diamonds<\/td>\n<td>Nicky Oppenheimer<\/td>\n<td>$7.7 billion<\/td>\n<td>$6.0 billion<\/td>\n<\/tr>\n<tr>\n<td>#240<\/td>\n<td>Luxury goods<\/td>\n<td>Johann Rupert<\/td>\n<td>$7.1\u00a0 billion<\/td>\n<td>$5.4 billion<\/td>\n<\/tr>\n<tr>\n<td>#871<\/td>\n<td>Media<\/td>\n<td>Koos Bekker<\/td>\n<td>$2.8 billion<\/td>\n<td>$2.2 billion<\/td>\n<\/tr>\n<tr>\n<td>#1025<\/td>\n<td>Mining<\/td>\n<td>Patrice Motsepe<\/td>\n<td>$2.4 billion<\/td>\n<td>$1.3 billion<\/td>\n<\/tr>\n<tr>\n<td>#1214<\/td>\n<td>Money management<\/td>\n<td>Allan Gray<\/td>\n<td>$2 billion<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td>#1817<\/td>\n<td>Pharmaceuticals<\/td>\n<td>Stephen Saad<\/td>\n<td>$1.2 billion<\/td>\n<td>$1.3 billion<\/td>\n<\/tr>\n<tr>\n<td>#2007<\/td>\n<td>Mining<\/td>\n<td>Desmond Sacco<\/td>\n<td>$1.0 billion<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/wealth\/162879\/these-are-the-richest-billionaires-in-south-africa-in-2017\/\" target=\"_blank\" rel=\"noopener\">These are the richest billionaires in South Africa in 2017<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A real-time list of the world&#8217;s dollar billionaires by Forbes shows that seven are from South Africa as we enter the new year.<\/p>\n","protected":false},"author":10,"featured_media":180045,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[1896,26],"class_list":["post-217487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-forbes","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/217487","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=217487"}],"version-history":[{"count":6,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/217487\/revisions"}],"predecessor-version":[{"id":217519,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/217487\/revisions\/217519"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/180045"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=217487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=217487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=217487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}