Patrice Tlhopane Motsepe is a South African mining magnate best known for being listed in the Forbes magazine (2017) top 10 lists of richest South African people. He has been placed in the seventh position with a net worth of 1.8 billion mostly contributed bu his mining business. He is the 1161st riches person in the world in 2017 according to Forbes magazine. As per Patrice Motsepe biography, he was born on 28 January 1962 which makes the mining magnate 56 years old now. Let’s explore in detail regarding Patrice Motsepe wiki below:
Early Life and Education
Born as Patrice Tlhopane Motsepe, he landed on the planet in January 1962 in Soweto, South Africa to the parents named Augustine Motsepe (father) and Key Motsepe (mother). His father used to be a school teacher who later switched his profession a businessman owning a Spaza shop. His father professional and business made Patrice acquire knowledge about mining and basic business principle.
Talking about his education, Patrice attended the University of Swaziland from where he earned a bachelor degree in the arts faculty. Later, he enrolled at the University of the Witwatersrand[ and studied law as the major subject. He turned out to be the first black partner in Bowman Gilfillan, a law firm. Patrice is specialized in mining and was motivated by the government initiation of promoting black empowerment. They were given special emphasis on securing entrepreneurial activities as well.
Career and Professional Life
Patrice founded Future Mining, a company providing contract mining services. It was applying the employee payment system based on basic salary plus profit-sharing basis. Today, he has invested in many of the reputed companies and has been generating the huge return on the investments. He is currently serving Black Business Council as the interim chairman. He has also the experience of serving Business Unity SA (BUSA) which is one of the SA’s most popular business advocacy.
In 2012, Patrice Motsepe net worth reached USD2.5 billion (R20.07 billion) and became South Africa’s richest man. He is also the owner of Mamelodi Sundowns football club which he owned in 2003.
Personal Life
Moving to his personal life, Patrice Motsepe wife name is Dr. Precious Moloi. She is best known for being a fashion entrepreneur and has also been known as a philanthropist. Patrice and his wife are blessed with three children and all of them are born as a son. Patrice Motsepe’s son’s names are Kabelo Motsepe, Thlopie Motsepe and Kgosi Motsepe.
Body Measurement
Patrice Motsepe height, weight and other physical measurement details haven’t been disclosed.
Salary and Net worth
Patrice Motsepe has an estimated fortune of 2.5 billion USD as of 2018’s result. His massive wealth has made him own a house worth R69 million located in Cape Town. His house has a climate-controlled wine cellar where you can explore a cinema, music room, gym hall and a separate bay for cars. Talking about Patrice Motsepe cars, he drives Mercedes S65 AMG, 2007 BMW 750 iL and Bentley Continental GT. That proves how luxurious life is the South African businessman is enjoying. Patrice has been also named as a renowned philanthropist as well by committing to spend half of his wealth for charitable programs as he joined The Giving Pledge in 2013. His salary and earnings are counted in millions per month.
Wiki and Facts
You can explore Patrice Motsepe biography on Wikipedia and other some renowned wiki sites as well. Some of his facts include, he is the brother in law of Cyril Ramaphosa who is globally known as the Deputy President of South Africa. He has a Twitter account but seems like the billionaire isn’t interested spending more time on other social networking sites.