PATRICE MOTSEPE

Patrice Tlhopane Motsepe was born on January 28, 1962 in Pretoria and is a mining entrepreneur from South Africa. Patrice Motsepe achieved great success despite growing up during apartheid, a destiny not shared by the majority of South Africa's black population. In the same year that Nelson Mandela became South Africa's first black president, he joined the Bowman Gilfillan legal firm. He is the founder and executive chairman of Rainbow Minerals Africa. The firm is involved in a variety of mining, including gold, base metals, ferrous metals, and platinum. He sits on the boards of various firms, including Harmony Gold, which is the world's tenth-largest gold mining company. He is also Sanlam's vice president. He is recognized as South Africa's richest man and is ranked 9th at the top of the list of the richest people in Africa.

Patrice Motsepe is also the owner of Mamelodi Sundowns FC, a top-flight soccer team. He purchased a 37 percent ownership in the Blue Blue Bulls Co., a well-known South African rugby team. He is now the Black Business Council's temporary chairman. He was the founding president of Business Unity SA, the country's most powerful advocacy and lobbying organization. In 2013, he took part in The Giving Pledge, pledging to donate half of his money to charity.

Net worth: $3.1 billion

Industry: Metals and mining

Country: South Africa