Patrice Motsepe Biography: Net Worth, Wife, Age, House, Children, Companies, Contacts, Quotes


Patrice Tlhopane Motsepe (born 28 January 1962) is a wealthy businessman from South Africa who has achieved significant success in the mining industry.

He is the proud founder and CEO of African rainbow mineralsa company that invests in precious metals such as gold, ferrous metals, base metals, and platinum.

In addition to his business ventures, Patrice Motsepe also serves as Chairman of African Football Confederation (CAF), a prestigious role that enables him to make a significant contribution to the development of African football.

President of the African Football Confederation

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Patrice Motsepe: History ‧ Biography ‧ Photos
Wiki Info & About Data
First and last name: Patrice Tlhopane Motsepe
Stage name: Patrice Motsepe
Born: January 28, 1962 (62 years old)
Place of birth: Ga-Rankuwa, South Africa
Nationality: Nigerian
Education: University of Witwatersrand
Height: 1.70 m
Parents: Augustine Motsepe, Key Motsepe
Siblings: Tshepo Motsepe, Bridgette Radebe
Couple: Precious Moloi-Motsepe (m. 1989)
Girlfriend • Partner: do not apply
Children: Kgosi Motsepe, Tlhopie Motsepe, Kabelo Motsepe
Job: Businessmen
Net value: 2.4 billion USD

Early Life & Education

Patrice Motsepe, a prominent South African businessman and philanthropist, was born on January 28, 1962, in the vibrant city of Ga-Rankuwa, located in the bustling metropolitan area of ​​Pretoria.

The proud son of Key Motsepe and Augustine Motsepe, Patrice grew up alongside his siblings, Tshepo Motsepe and Bridgette Radebe, who also made significant strides in business. Their close-knit family unit is characterized by strong values ​​and a deep sense of purpose.

Patrice Motsepe is an individual who has pursued an extensive education, earning a law degree from the prestigious university. University of Witwatersrand and a Bachelor of Arts degree from the renowned University of Swaziland.

Throughout her professional journey in mining and corporate law, Patrice has applied her comprehensive knowledge to develop her career. With her outstanding educational background and in-depth understanding of these fields, Patrice can be recognized as a specialist or expert in these fields.


In 1994, Patrice Motsepe made his name in history as the first black partner at Bowman Gilfillan, a legitimate company. This important milestone coincided with the election of Nelson Mandela as the inaugural black President of South Africa. Riding the momentum of the new government’s emphasis on black empowerment and entrepreneurship, Motsepe founded Future mining same year.

This business specializes in providing contract mining services for Vaal Reef Gold Mine, which includes tasks such as cleaning gold dust in mines. Notably, Motsepe introduced an innovative worker compensation system with a modest base salary along with profit-sharing bonuses.

In 2003, Patrice Motsepe founded Ubuntu-Botho joint venture (UBI) and then entered into business cooperation with Tam Laman insurance and financial services company, under the management of Economic empowerment of black people (BEE) in 2004. The decade-long transaction ended in 2014, when UBI fully repaid the loan from Tam Lam. As a result, UBI acquired a 13.5% stake Tam Lam while still retaining 18.1% of voting shares BEE partner.

In November 2020, prominent businessman and philanthropist Patrice Motsepe announced his candidacy for the presidency of the Confederation of African Football (CAF). He ran an assertive campaign, highlighting his credentials as a successful businessman and sports enthusiast. On 12 March 2021, Motsepe emerged as the winner of the CAF presidential election, which was controversial as some observers criticized FIFA for its alleged lack of neutrality during this process, especially when all four other candidates withdrew their candidacy.

Social Media

  • Twitter: @Patrice_Motsepe
  • Facebook: @PatriceMotsepe
  • Instagram: @PatriceMotsepe

Personal life

Dr. Precious Moloi-Motsepe, a famous doctor and successful fashion entrepreneur, is married to 62 years old Patrice Motsepe and together, they are the proud parents of three children named Kgosi Motsepe, Tlhopie Motsepe and Kabelo Motsepe.

Patrice Motsepe has an impressive family lineage, as he is the brother of Tshepo Motsepe and Bridgette Radebe, both notable figures in their respective fields. Furthermore, he is also the brother-in-law of President Cyril Ramaphosa and Minister Jeff Radebe, which further adds to his impressive family connections.

Net value

Patrice Motsepe’s net worth is estimated to be $2.4 billion, making him one of the richest people in South Africa. In addition, he also holds the 10th position in the list of the richest people in Africa.

Along with his enormous wealth, he holds the position of President of the African Football Confederation. Patrice Motsepe has achieved great success in her personal and professional life.

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