Patrice Motsepe is a South African businessman who founded African Rainbow Minerals, a mining company he built after leaving legal practice to acquire rights to marginal gold mine shafts in the late 1990s, restructuring them profitably as major producers scaled back operations following a fall in gold prices. He became South Africa's first Black billionaire on the strength of the company's later expansion into platinum, iron ore, coal, nickel and other minerals, and in 2013 he pledged to give at least half of the wealth generated by his family's assets to charitable causes through the Motsepe Foundation, becoming the first African signatory to the Giving Pledge started by Bill Gates and Warren Buffett. He has also served as president of the Confederation of African Football since 2021.
Facts
Defining ContributionFounded African Rainbow Minerals, a major South African mining company with interests in gold, ferrous metals, base metals and platinum, after becoming the first black partner in a major South African law firm. 1 Notable WorkAfrican Rainbow Minerals 1 Cross-Tradition Connections
Associated With
Patrice Motsepe founded African Rainbow Minerals in 1997, becoming one of Africa's leading mining magnates.
Sources
1. Patrice Motsepe (Wikipedia)
WikipediaLead paragraph, parenthetical birth noteQuote, Lead paragraph, parenthetical birth note
born 28 January 1962
View the Source 1. Patrice Motsepe (Wikipedia)
WikipediaLead paragraph, first sentenceQuote, Lead paragraph, first sentence
is a South African billionaire businessman and football administrator
View the Source 1. Patrice Motsepe (Wikipedia)
WikipediaLead paragraph, second sentenceQuote, Lead paragraph, second sentence
founder and Non-executive Chairman of major South African mining company African Rainbow Minerals
View the Source 1. Patrice Motsepe (Wikipedia)
WikipediaLead paragraph, full name formQuote, Lead paragraph, full name form
Patrice Tlhopane Motsepe
View the Source Reader Challenges (0 open reader challenges)
No disputes yet. Spotted an error or a better source? Open the first one.
Sign in to dispute this or suggest a correction.
View At A Past Year
The atlas records no dated fact of its own for this entry, so there is no other year to choose.