Patrice Tlhopane Motsepe (born 28 January 1962 in Soweto) is a South African mining magnate. He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum.
He also sits on several company boards including being the non-executive chairman of Harmony Gold, the 12th largest gold mining company in the world, and is the deputy chairman of Sanlam.
Here are seven key facts about his life :
7.) His name, Patrice, is a homage to Patrice Lumumba.
The first elected Prime Minister of the Democratic Republic of Congo — Lumumba played a crucial role in the country’s path to independence from Belgium, and was executed in 1961 following a coup that deposed his government.
6.) In 2013, Motsepe donated half his wealth to charity.
. The money is managed by the Motsepe Foundation, and used to improve the lifestyles and living conditions of the poor, the disabled, unemployed, women, youth, workers and marginalized South Africans.
5.)He is the owner of Mamelodi Sundowns.
A Pretoria-based football team that’s nicknamed The Brazilians, in reference to the yellow and blue uniforms that echo those of Brazil’s national team.
4.)Motsepe is currently the 847th richest person in the world.
According to Forbes magazine, with a net worth of R35.3 Billion. He is one of seven South Africans in the list, and the only black man.
3.)He abides to the South African philosophy of Ubuntu.
“I am because you are,” which expresses an idea of connectedness: “It has always been part of our culture and tradition to assist and care for less fortunate and marginalized members of our communities. This culture is also embodied in the spirit and tradition of Ubuntu,” he said.
2.)He started working at an early age.
During school holidays, he works in his father’s Spaza shop, a type of convenience store popular in South Africa. It was situated in Hammanskraal, a small town north of Pretoria where his father, Augustine, had been banished following his criticism of the apartheid regime.
1.)He has blue blood.
He is a prince in a clan of the Tswana tribe, one of the largest black minorities of South Africa, where the Tswana language is also one of the eleven official idioms.