Patrice Motsepe is a mining magnate from South Africa with a net worth of $2.7 billion. African Rainbow Minerals (ARM), a publicly traded mining conglomerate with interests in platinum, nickel, chrome, iron, manganese, coal, copper, and gold, was founded and is now chaired by Patrice Motsepe. Despite labor disputes, violence, and subsequent production losses at his Johannesburg-based company, Patrice Motsepe’s fortune has continued to grow, thanks to the shares he owns in Harmony Gold via ARM.
In addition to being a shareholder in the company, Patrice is the CEO of Harmony, a company that specializes in transforming old digs into new digs.
How much does Patrice Motsepe make per year?
Patrice Motsepe’s income per year is $1,377,000.
What is Patrice Motsepe’s net worth?
Patrice Motsepe’s net worth is $2.7 billion
Is Patrice Motsepe rich?
Per his income and net worth, he is a rich man
What Car Does Patrice Motsepe drive?
The British luxury carmaker is in the business of creating some of the world’s most luxurious and premium automobiles. Patrice Motsep chose the Continental GT, which is also one of the car marque’s best-known and most popular models. It costs around R7.6 million.
Does Patrice Motsepe own any properties?
Patrice Motsepe, in addition to his residential Bishops Court mansion, has shares in the Val de Vie estate through his company, African Rainbow Capital (ARC), which purchased a 20% stake in the residential property.
How did Patrice Motsepe make his money?
Patrice Motsepe made his fortune through mining interests that grew into a successful multifaceted mining company, African Rainbow Minerals, in 2004. (ARM). Despite growing up during the apartheid era, Motsepe outperformed many other South African blacks.