Who Is Patrice Motsepe? Age, Biography and Wiki
Patrice Motsepe, born on January 28, 1962, in Soweto, South Africa, is a prominent businessman and one of the wealthiest individuals on the African continent. He made history as Africa's first billionaire of black African descent. Patrice's journey has been marked by resilience and exceptional business acumen, leading him to establish and grow various successful ventures within the mining and finance sectors.
In 2025, Patrice Motsepe celebrates his 63rd birthday, and his influence in the business world continues to remain significant. He is well known for his philanthropic efforts, particularly in education and health, through his Motsepe Foundation.
| Occupation | Billionaire |
|---|---|
| Date of Birth | January 28, 1962 |
| Age | 63 Years |
| Birth Place | Orlando West, Soweto, Johannesburg. |
| Horoscope | Aquarius |
| Country |
Popularity
Patrice Motsepe's Popularity over time
Height, Weight & Measurements
While specific details about Patrice Motsepe's measurements may not be publicly available, he stands at an estimated height of 6 feet (183 cm) and weighs around 180 pounds (81 kg). Known for his professional demeanor, he carries himself with poise and gravitas that resonates with his stature as a business leader.
In 2002, when it was listed on the JSE Security Exchange, African Rainbow Minerals joined with Harmony Gold Mining Ltd. and the company's name changed to ARMgold.
Motsepe is also the founder of African Rainbow Minerals Platinum (Proprietary) Limited and ARM Consortium Limited, which later equally split ownership with Anglo American Platinum Corp Ltd. From 2005, Motsepe was Chairman of Teal Exploration and Mining Incorporated.
Motsepe is also chairman of Ubuntu-Botho Investments, Non-Executive chairman of Harmony Gold Mining Co Ltd. and deputy Chairman of Sanlam Ltd. Motsepe has been president of South Africa's Chamber of Commerce and Industry.
Family, Dating & Relationship Status
Patrice Motsepe is married to Precious Motsepe, a former Miss South Africa runner-up. The couple shares a strong bond and has three children together. As of 2025, Patrice's relationship status remains stable, with no indication of any dating rumors or controversies surrounding his marriage. The Motsepe family is known for their close-knit dynamics and commitment to social causes.
Net Worth and Salary
As of 2025, Patrice Motsepe’s net worth is estimated to be around $3 billion, making him one of the richest individuals in Africa. His wealth primarily stems from his successful ventures in the mining industry through his company, African Rainbow Minerals. Additionally, he has various investments in industries including finance, renewable energy, and infrastructure, significantly contributing to his overall earnings.
In January 2024, Motsepe was named Africa's 9th richest man and South Africa's 3rd richest man after Johan Rupert and Nicky Oppenheimer by CNBC Africa alongside Koos Bekker, with an estimated net worth of $2.7 billion.
Career, Business and Investments
Patrice Motsepe's business career began as a mining attorney. He founded his company, African Rainbow Minerals (ARM), which has interests in a wide range of mining sectors, including platinum, gold, and chrome. Under his leadership, ARM has experienced substantial growth and profitability.
Beyond ARM, Motsepe has diversified his business portfolio, having investments in various sectors like telecommunications, agriculture, and real estate. His strategic investments and visionary leadership have solidified his status as one of Africa's remarkable entrepreneurs.
Patrice Tlhopane Motsepe (born 28 January 1962) is a South African billionaire businessman and football administrator. Since March 2021, he has been president of the Confederation of African Football. He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum.
He sits on several company boards, including being the non-executive chairman of Harmony Gold, the world's 12th largest gold mining company, and the deputy chairman of Sanlam. He serves on the Board of Trustees of the World Economic Forum.
Social Network
Patrice Motsepe is active on social media platforms, where he uses his presence to inspire and engage with followers. Through platforms such as Twitter and LinkedIn, he shares insights on business, philanthropy, and personal growth. His engagement with the community reflects his commitment to uplifting others and promoting economic development in Africa.
Education
Patrice Motsepe earned his Bachelor of Arts degree in Law from the University of the North (now known as the University of Limpopo) in South Africa. He furthered his education with a Bachelor of Arts in Law from the University of the Witswatersrand, equipping him with a robust foundation that would later serve him well in his business ventures.
