Story
Patrice Tlhopane Motsepe (born 28 January 1962) is a wealthy businessman from South Africa who has achieved considerable 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 Confederation of African Football (CAF), a prestigious role that allowed him to make a significant contribution to the development of African football.
President of the Confederation of African Football
Patrice Motsepe |
|
|---|---|
 Patrice Motsepe: History ‧ Biography ‧ Photos |
|
| Wiki Events & About Data | |
| First and last name: | Patrice Tlhopane Motsepe |
| Stage Name: | Patrice Motsepe |
| Born: | January 28, 1962 (age 62) |
| Place of birth: | Rankuwa Station, South Africa |
| Nationality: | Nigerian |
| Education: | University of Witwatersrand |
| Height: | 1.70 minutes |
| Parents: | Augustine Motsepe, Key Motsepe |
| Siblings: | Tshepo Motsepe, Bridgette Radebe |
| Couple: | Precious Moloi-Motsepe (d. 1989) |
| Girlfriend • Partner: | Do not have |
| Children: | Kgosi Motsepe, Tlhopie Motsepe, Kabelo Motsepe |
| Job: | Businessmen |
| Net asset value: | 2.4 billion USD |
Early life and education
Patrice Motsepe, a prominent South African businessman and philanthropist, was born on 28 January 1962 in the vibrant city of Ga-Rankuwa, located in the bustling metropolis of Pretoria.
The proud son of Key Motsepe and Augustine Motsepe, Patrice grew up alongside his siblings, Tshepo Motsepe and Bridgette Radebe, who have also made significant strides in business. Their close-knit family unit is characterised by strong values and a deep sense of purpose.
Patrice Motsepe is an individual who has pursued a well-rounded education, obtaining a law degree from the prestigious university University of Witwatersrand and a Bachelor of Arts from the prestigious University of Swaziland.
Throughout his career journey in the fields of mining and corporate law, Patrice has applied his comprehensive knowledge to his career success. With his remarkable educational background and deep understanding of these fields, Patrice can be recognized as an expert or authority in these fields.
Career
In 1994, Patrice Motsepe etched his name in history as the first black partner at Archer Gilfillana law firm. This milestone coincided with the election of Nelson Mandela as South Africa’s first black President. Seizing the momentum of the new government’s emphasis on black empowerment and entrepreneurship, Motsepe founded Mining the future same year
This company specializes in providing contract mining services for Vaal Reefs Gold Mineincluding tasks such as cleaning gold dust from mines. Notably, Motsepe introduced an innovative worker pay system that offered a modest base salary combined with a profit-sharing bonus.
In 2003, Patrice Motsepe founded Ubuntu-Botho Ventures (UBI) and then entered into a business partnership with Sanlaman insurance and financial services company, according to a Black Economic Empowerment (BEE) in 2004. The decade-long deal ended in 2014, when UBI repaid the entire loan from SanlamAs a result, UBI acquired a 13.5% stake in Sanlam while 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 criticised FIFA for its alleged lack of neutrality in the process, especially as all four other candidates withdrew from the race.
Social Media
- Twitter: @Patrice_Motsepe
- Facebook: @PatriceMotsepe
- Instagram: @PatriceMotsepe
Personal life
Dr Precious Moloi-Motsepe, a renowned physician and successful fashion entrepreneur, has been married to Patrice Motsepe for 62 years and they are proud parents of three children named Kgosi Motsepe, Tlhopie Motsepe and Kabelo Motsepe.
Patrice Motsepe has an impressive family pedigree, 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, adding to his impressive family connections.
Net asset value
Patrice Motsepe’s net worth is estimated at $2.4 billion, making him one of the richest people in South Africa. He also holds the 10th position on the list of richest people in Africa.
Along with his huge fortune, he also serves as the President of the Confederation of African Football. Patrice Motsepe has achieved great success in his personal and professional life.
