{"id":99228,"date":"2015-09-24T19:37:54","date_gmt":"2015-09-24T17:37:54","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=99228"},"modified":"2015-09-25T00:49:15","modified_gmt":"2015-09-24T22:49:15","slug":"south-africa-has-a-new-richest-man","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/99228\/south-africa-has-a-new-richest-man\/","title":{"rendered":"South Africa has a new richest man"},"content":{"rendered":"

Johann Rupert is no longer South Africa’s richest man, according to live billionaire data from Forbes.<\/p>\n

Retail tycoon, Christo Wiese is now South Africa’s richest person, with a net worth of $6.8 billion.<\/p>\n

Luxury good retail executive Rupert, the former number one, has slipped to third, with his net worth of $6.4 billion ranking just below Nicky Oppenheimer at $6.5 billion.<\/p>\n

It should be noted that Forbes’ live tracking of billionaire wealth does not constitute its “official” list, which is released early in the year.<\/p>\n

\"Christo<\/a>

Christo Wiese<\/p><\/div>\n

However, it does show that there has been a significant shift among South African billionaires since the Forbes ranking in March 2015<\/a><\/strong>.<\/p>\n

In the 2015 Forbes rankings, Rupert’s fortune was listed at $7.4 billion – though his finances were down a slight 2.4%\u00a0from 2014.<\/p>\n

Wiese, on the other hand, had shown enormous growth (97%), nearly doubling his wealth to $6.3\u00a0billion at the time. Since the March list, Rupert’s fortunes have continued to slide, while Wiese’s has moved up.<\/p>\n

Notably, Wiese is the only South African billionaire who has seen his fortunes grow in the period.<\/p>\n

This is how South Africa’s richest individuals’ fortunes have shifted since February 2015.<\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n
#<\/th>\nBillionaire<\/th>\nMarch\u00a02015<\/th>\nSeptember 2015<\/th>\nChange<\/th>\n<\/tr>\n
1<\/td>\nChristo Wiese<\/td>\n$6.3\u00a0billion<\/td>\n$6.8 billion<\/td>\n+7.9%<\/span><\/strong><\/td>\n<\/tr>\n
2<\/td>\nNicky Oppenheimer<\/td>\n$6.7\u00a0billion<\/td>\n$6.5 billion<\/td>\n-3.0%<\/span><\/strong><\/td>\n<\/tr>\n
3<\/td>\nJohann Rupert<\/td>\n$7.4\u00a0billion<\/td>\n$6.4 billion<\/td>\n-13.5%<\/span><\/strong><\/td>\n<\/tr>\n
4<\/td>\nKoos Bekker<\/td>\n$2.3\u00a0billion<\/td>\n$2.1 billion<\/td>\n-8.7%<\/span><\/strong><\/td>\n<\/tr>\n
5<\/td>\nAllan Gray<\/td>\n$1.6 billion<\/td>\n$1.3 billion<\/td>\n-18.8%<\/span><\/strong><\/td>\n<\/tr>\n
6<\/td>\nStephen Saad<\/td>\n$2.1\u00a0billion<\/td>\n$1.3 billion<\/td>\n-38.1%<\/span><\/strong><\/td>\n<\/tr>\n
7<\/td>\nPatrice Motsepe<\/td>\n$2.2\u00a0billion<\/td>\n$1.3 billion<\/td>\n-40.9%<\/span><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Retail tycoon, Wiese, has a 15% stake in Shoprite Holdings, which has had a successful year in trade across Africa.<\/p>\n

He also owns a stake in private equity firm, Brait, and investments in mining and industrial sector firms.<\/p>\n

More on wealth<\/h3>\n

World\u2019s richest people under 35<\/a><\/strong><\/p>\n

The richest and poorest countries in the world<\/a><\/strong><\/p>\n

How much the richest 1% of South Africans earn<\/a><\/strong><\/p>\n

Qualifications of South Africa\u2019s richest people<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Johann Rupert is no longer South Africa’s richest man, according to live billionaire data from Forbes.<\/p>\n","protected":false},"author":10,"featured_media":74328,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[4137,26,4666],"class_list":["post-99228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-christo-wiese","tag-headline","tag-johann-rupert"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/99228","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=99228"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/99228\/revisions"}],"predecessor-version":[{"id":99334,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/99228\/revisions\/99334"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/74328"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=99228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=99228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=99228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}