Patrice Motsepe, born on January 28, 1962, is a prominent South African billionaire businessman and sports executive. He has made significant strides in the mining industry as the founder and Non-executive Chairman of African Rainbow Minerals, a major player in gold, ferrous metals, base metals, and platinum. His leadership extends to several company boards, including Harmony Gold, the twelfth largest gold mining company globally, where he serves as non-executive chairman, and Sanlam, where he holds the position of deputy chairman.
In addition to his business ventures, Motsepe has made a name for himself in the world of sports. He acquired ownership of the Mamelodi Sundowns football club in 2003 and has been actively involved in football administration. Since 2021, he has served as the president of the Confederation of African Football (CAF), further solidifying his influence in the sports sector.
Motsepe is also known for his philanthropic efforts. In 2013, he joined The Giving Pledge, committing to donate half of his wealth to charitable causes. His dedication to giving back has earned him respect and recognition beyond the business realm.
As of January 2024, Motsepe was recognized as Africa's ninth-richest man and South Africa's third-richest man, with an estimated net worth of two point seven billion dollars. By May 2024, Forbes ranked him as the one thousand one hundred seventy-fifth wealthiest person in the world, with a reported fortune of two point nine billion dollars.