Forbes has released its annual listing of the world’s billionaires, and eight South Africans have made the grade for 2014, led by Richemont CEO, Johann Rupert.<\/p>\n
While only two South African names appear in the top 500, the eight names listed by Forbes account for a total net worth of US$25.4 billion (R).<\/p>\n
Topping the list for South Africans, luxury goods boss, Johann Rupert<\/strong> made his billions serving as chairman and CEO of Richemont, a Swiss holding company that controls brands such as Vacheron Constantin, Cartier, Alfred Dunhill, Montblanc and Chlo\u00e9.<\/p>\n Rupert is also the chairman of Remgro, which has South African technology interests in the CIV group of companies, and an investment in SEACOM.<\/p>\n According to Forbes, his net worth is US$7.6 billion (R82.35 billion), making him the 173rd richest man in the world.<\/p>\n South African diamond magnate, Nicky Oppenheimer<\/strong> is the 205th richest person in the world, and the second richest person in South Africa, according to Forbes, with a net worth of US$6.7 billion (R72.6 billion).<\/p>\n As chairman of the world\u2019s largest diamond producer, De Beers, the Oppenheimer family has held control of the company since Ernest Oppenheimer (Nicky\u2019s Grandfather) took the reins in 1927.<\/p>\n In 2011, Oppenheimer made the decision to sell the family\u2019s 40% stake in De Beers to Anglo American for $5.1 billion. Ernest Oppenheimer started a long legacy in mining, having also founded Anglo American in 1917.<\/p>\n Shoprite chief, Christo Wiese<\/strong> is listed by Forbes as the 506th richest person in the world – narrowly missing out a top 500 position – and 3rd richest in South Africa, with a net worth of US$3.2 billion (R34.67 billion).<\/p>\n Wiese is the chairman, executive director and the largest single shareholder of Shoprite, Africa’s biggest retail, low-price supermarket chain.<\/p>\n Mining magnate Patrice Motsepe<\/strong> is South Africa\u2019s first and only black billionaire (in dollar terms). With a net worth of $2.7 billion (R29.26 billion), he\u2019s the 4th richest South African, and the 642nd richest person in the world.<\/p>\n Naspers CEO Koos Bekker<\/strong>, who will be leaving the chief position at the media and Internet giant in April, also made the grade with a net worth of US$1.3 billion (R14 billion).<\/p>\n Where South Africa\u2019s rich live<\/strong><\/a><\/p>\nRichest people in South Africa<\/h3>\n
\n\n
\n Rank#<\/strong><\/td>\n Name<\/strong><\/td>\n Net Worth
\n<\/strong><\/td>\nZAR<\/strong><\/td>\n<\/tr>\n \n 173<\/td>\n Johan Rupert & family<\/td>\n $7.6 billion<\/td>\n R82.35 billion<\/td>\n<\/tr>\n \n 205<\/td>\n Nicky Oppenheimer & family<\/td>\n $6.7 billion<\/td>\n R72.60 billion<\/td>\n<\/tr>\n \n 506<\/td>\n Christo Wiese<\/td>\n $3.2 billion<\/td>\n R34.67 billion<\/td>\n<\/tr>\n \n 642<\/td>\n Patrice Motsepe<\/td>\n $2.7 billion<\/td>\n R29.26 billion<\/td>\n<\/tr>\n \n 1284<\/td>\n Koos Bekker<\/td>\n $1.3 billion<\/td>\n R14.09 billion<\/td>\n<\/tr>\n \n 1284<\/td>\n Allan Gray<\/td>\n $1.3 billion<\/td>\n R14.09 billion<\/td>\n<\/tr>\n \n 1284<\/td>\n Stephen Saad<\/td>\n $1.3 billion<\/td>\n R14.09 billion<\/td>\n<\/tr>\n \n 1284<\/td>\n Desmond Sacco<\/td>\n $1.3 billion<\/td>\n R14.09 billion<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n More on Forbes<\/h3>\n