{"id":781347,"date":"2024-07-09T17:00:00","date_gmt":"2024-07-09T15:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=781347"},"modified":"2024-07-09T14:34:51","modified_gmt":"2024-07-09T12:34:51","slug":"the-richest-south-africans-in-the-world-worth-a-combined-r5-8-trillion","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/781347\/the-richest-south-africans-in-the-world-worth-a-combined-r5-8-trillion\/","title":{"rendered":"The richest South Africans in the world &#8211; worth a combined R5.8 trillion"},"content":{"rendered":"\n<p>South Africa may still be home to six billionaires, but several other dollar-billionaire club members have left the country for new pastures.<\/p>\n\n\n\n<p>South Africa is currently home to six-dollar billionaires: Johann Rupert, Nicky Oppenheimer, Patrice Motsepe, Koos Bekker, Michiel le Roux and Christo Wiese. <\/p>\n\n\n\n<p>Their wealth ranges from Rupert&#8217;s $11.6 billion (R210.55 billion) to Wiese&#8217;s $1.3 billion (R23.60 billion), according to Forbes&#8217;s real-time billionaires list.<\/p>\n\n\n\n<p>However, seven other billionaires were born and raised in South Africa before heading overseas. <\/p>\n\n\n\n<p>The richest person in the world, Elon Musk, was born in South Africa and attended&nbsp;Waterkloof House Preparatory School,&nbsp;Bryanston High School, and then&nbsp;Pretoria Boys High School in Gauteng. <\/p>\n\n\n\n<p>His net worth totals $252.6 billion (R4.58 trillion).<\/p>\n\n\n\n<p>Musk derives much of his wealth from Tesla and SpaceX and is the owner of the social media platform X\/Twitter. <\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-businesstech wp-block-embed-businesstech\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"m5GiOsZCEe\"><a href=\"https:\/\/businesstech.co.za\/news\/technology\/780487\/the-biggest-social-media-platforms-in-south-africa-with-users-giving-elon-musks-x-the-boot\/\">The biggest social media platforms in South Africa &#8211; with users giving Elon Musk&#8217;s X the boot<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;The biggest social media platforms in South Africa &#8211; with users giving Elon Musk&#8217;s X the boot&#8221; &#8212; BusinessTech\" src=\"https:\/\/businesstech.co.za\/news\/technology\/780487\/the-biggest-social-media-platforms-in-south-africa-with-users-giving-elon-musks-x-the-boot\/embed\/#?secret=112sqqzO9X#?secret=m5GiOsZCEe\" data-secret=\"m5GiOsZCEe\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Former Glencore CEO Ivan Glasenberg is the second richest South African-born billionaire in the world, with a net worth of $11.6 billion (R210.55 billion) &#8211; &#8220;just&#8221; ahead of Rupert. <\/p>\n\n\n\n<p>Following Oppenheimer&#8217;s $9.5 billion (R172.43 billion), Eswatini-based Nathan Kirsh completes the top five with a net worth of $6.6 billion (R119.80 billion). <\/p>\n\n\n\n<p>Kirsh&#8217;s wealth is primarily from US-based Jetro Holdings, which owns restaurant supply retailers Jetro Cash and Carry and Restaurant Depot. <\/p>\n\n\n\n<p>Patrick Soon-Shiong is the sixth richest South African-born billionaire. <\/p>\n\n\n\n<p>Born in what is today Gqeberha, Soon-Shiong became well-known as the inventor of the drug Abraxane, which became useful for fighting certain types of cancer, such as breast and pancreatic. <\/p>\n\n\n\n<p>Soon-Shiong now owns the&nbsp;Los Angeles Times and a minor stake in the Lakers basketball team.<\/p>\n\n\n\n<p>UK-based media mogul Clive Calder ($5.7 billion (R103.46 billion)) follows in seventh, while Motsepe&#8217;s $3.1 billion (R56.27 billion) comes in eighth. <\/p>\n\n\n\n<p>Rodney Sacks and Hilton Schlosberg follow, with the two founding the Monster Beverage Corporation.<\/p>\n\n\n\n<p>Monster drinks are currently sold in 141 countries, and the company has a significant share of the $53 billion global energy drink market.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-businesstech wp-block-embed-businesstech\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"XqCDoFlbjs\"><a href=\"https:\/\/businesstech.co.za\/news\/business\/779537\/two-south-africans-built-a-global-powerhouse-which-outperformed-apple-and-microsoft\/\">The two South Africans who built a global powerhouse &#8211; outperforming Apple and Microsoft<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;The two South Africans who built a global powerhouse &#8211; outperforming Apple and Microsoft&#8221; &#8212; BusinessTech\" src=\"https:\/\/businesstech.co.za\/news\/business\/779537\/two-south-africans-built-a-global-powerhouse-which-outperformed-apple-and-microsoft\/embed\/#?secret=7NdZWXSSDC#?secret=XqCDoFlbjs\" data-secret=\"XqCDoFlbjs\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>The remaining three positions are filled by South Africans, Koos Bekker ($2.8 billion (R50.82 billion)), Michiel le Roux ($1.5 billion (R27.23 billion)) and Christo Wiese ($1.3 billion (R23.60 billion)).<\/p>\n\n\n\n<p>When combining the net worth of all these South African-born billionaires, it comes out to $318.4 billion (R5.78 trillion).<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"table-responsive\"><table class=\"table\"><tbody><tr><td><strong>Billionaire <\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Country of Residence <\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Source<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Current Net Worth <\/strong><\/td><\/tr><tr><td>Elon Musk<\/td><td class=\"has-text-align-center\" data-align=\"center\">USA<\/td><td class=\"has-text-align-center\" data-align=\"center\">Tesla, SpaceX<\/td><td class=\"has-text-align-center\" data-align=\"center\">$252.6 billion<br>(R4.58 trillion)<\/td><\/tr><tr><td>Ivan Glasenberg<\/td><td class=\"has-text-align-center\" data-align=\"center\">Switzerland<\/td><td class=\"has-text-align-center\" data-align=\"center\">Mining<\/td><td class=\"has-text-align-center\" data-align=\"center\">$11.6 billion<br>(R210.55 billion)<\/td><\/tr><tr><td>Johann Rupert<\/td><td class=\"has-text-align-center\" data-align=\"center\">South Africa<\/td><td class=\"has-text-align-center\" data-align=\"center\">Luxury Goods<\/td><td class=\"has-text-align-center\" data-align=\"center\">$11.5 billion<br>(R208.73 billion)<\/td><\/tr><tr><td>Nicky Oppenheimer<\/td><td class=\"has-text-align-center\" data-align=\"center\">South Africa<\/td><td class=\"has-text-align-center\" data-align=\"center\">Diamonds <\/td><td class=\"has-text-align-center\" data-align=\"center\">$9.5 billion<br>(R172.43 billion)<strong> <\/strong><\/td><\/tr><tr><td>Nathan Kirsh<\/td><td class=\"has-text-align-center\" data-align=\"center\">Eswatini<\/td><td class=\"has-text-align-center\" data-align=\"center\">Retail, Real Estate<\/td><td class=\"has-text-align-center\" data-align=\"center\">$6.6 billion<br>(R119.80 billion)<\/td><\/tr><tr><td>Patrick Soon-Shiong<\/td><td class=\"has-text-align-center\" data-align=\"center\">USA<\/td><td class=\"has-text-align-center\" data-align=\"center\">Healthcare<\/td><td class=\"has-text-align-center\" data-align=\"center\">$6.3 billion<br>(R114.35 billion)<\/td><\/tr><tr><td>Clive Calder<\/td><td class=\"has-text-align-center\" data-align=\"center\">UK<\/td><td class=\"has-text-align-center\" data-align=\"center\">Media<\/td><td class=\"has-text-align-center\" data-align=\"center\">$5.7 billion<br>(R103.46 billion)<\/td><\/tr><tr><td>Patrice Motsepe<\/td><td class=\"has-text-align-center\" data-align=\"center\">South Africa<\/td><td class=\"has-text-align-center\" data-align=\"center\">Mining<\/td><td class=\"has-text-align-center\" data-align=\"center\">$3.1 billion<br>(R56.27 billion)<\/td><\/tr><tr><td>Rodney Sacks<\/td><td class=\"has-text-align-center\" data-align=\"center\">USA<\/td><td class=\"has-text-align-center\" data-align=\"center\">Beverages<\/td><td class=\"has-text-align-center\" data-align=\"center\">$3.0 billion<br>(R54.45 billion)<\/td><\/tr><tr><td>Hilton Schlosberg<\/td><td class=\"has-text-align-center\" data-align=\"center\">USA<\/td><td class=\"has-text-align-center\" data-align=\"center\">Beverages<\/td><td class=\"has-text-align-center\" data-align=\"center\">$2.9 billion<br>(R52.64 billion)<\/td><\/tr><tr><td>Koos Bekker<\/td><td class=\"has-text-align-center\" data-align=\"center\">South Africa<\/td><td class=\"has-text-align-center\" data-align=\"center\">Media, Investments<\/td><td class=\"has-text-align-center\" data-align=\"center\">$2.8 billion<br>(R50.82 billion)<\/td><\/tr><tr><td>Michiel le Roux<\/td><td class=\"has-text-align-center\" data-align=\"center\">South Africa<\/td><td class=\"has-text-align-center\" data-align=\"center\">Banking <\/td><td class=\"has-text-align-center\" data-align=\"center\">$1.5 billion<br>(R27.23 billion)<\/td><\/tr><tr><td>Christo Wiese<\/td><td class=\"has-text-align-center\" data-align=\"center\">South Africa <\/td><td class=\"has-text-align-center\" data-align=\"center\">Retail<\/td><td class=\"has-text-align-center\" data-align=\"center\">$1.3 billion<br>(R23.60 billion)<\/td><\/tr><tr><td><strong>Total <\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">&#8211;<\/td><td class=\"has-text-align-center\" data-align=\"center\">&#8211;<\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>$318.4 billion<\/strong><br><strong>(R5.78 trillion<\/strong>)<\/td><\/tr><\/tbody><\/table><\/div><figcaption class=\"wp-element-caption\"><em>Source: Forbes <\/em><\/figcaption><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/businesstech.co.za\/news\/business\/781309\/another-major-company-in-south-africa-enters-business-rescue\/\">Another major company in South Africa enters business rescue<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/businesstech.co.za\/news\/industry-news\/781342\/save-on-your-car-insurance-today-or-ask-for-cash-back\/\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Africa may still be home to six dollar billionaires, but several others have made their fortunes in other countries. <\/p>\n","protected":false},"author":95,"featured_media":777601,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[26,20127,2660,6118],"class_list":["post-781347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-headline","tag-monster","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/781347","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\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=781347"}],"version-history":[{"count":6,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/781347\/revisions"}],"predecessor-version":[{"id":781658,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/781347\/revisions\/781658"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/777601"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=781347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=781347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=781347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}