Patrice Motsepe parents: Meet Augustine Motsepe

Full Biography

Augustine Motsepe’s father is Patrice Motsepe. Patrice Tlhopane Motsepe is a mining billionaire from South Africa. He has served as President of the Confederation of African Football since March 12, 2021. He is the founder and CEO of African Rainbow Minerals, which is involved in gold, ferrous metals, base metals, and platinum.

He purchased marginal gold mines from AngloGold under favorable financing terms in 1997 when gold prices were low. AngloGold sold Motsepe six gold mine shafts for $7,7 million, allowing him to repay the debt from the company now known as African Rainbow Minerals’ future earnings.

Motsepe and Ubuntu-Botho Investments are teaming up with insurance and financial services firm Sanlam to launch a private equity firm focused on African investments.

Height and weight

Augustine Motsepe’s height and weight are unknown

Nationality & Ethnicity

Augustine Motsepe is a citizen of South Africa with a black accent

Education

Augustine Motsepe’s educational background is unknown

Any Other Information

Unfortunately, there is little information about Augustine Motsepe.

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