The billionaire club: Who are South Africa's richest people
Ever wondered who the wealthiest people in South Africa are? From diamonds and luxury goods to banking and retail, these seven billionaires have made their fortunes across a range of industries.
South Africa is home to some of the wealthiest individuals in the world, with seven billionaires making the cut.
ALSO READ: Myth busted: Opposites rarely attract
Forbes' real-time tracking lists these individuals as South Africa’s wealthiest, with fortunes built across industries like luxury goods, mining, media, and retail.
Top 7 richest South Africans
1. Johann Rupert and family
With a net worth of $11.5 billion (R222.72 billion), the Rupert family is the richest in South Africa. Their fortune was built through their luxury goods company, Richemont, which owns brands such as Cartier and Montblanc.
2. Nicky Oppenheimer
Diamond magnate Nicky Oppenheimer has a net worth of $10.4 billion (R201.42 billion). His family's company, De Beers, has been a major player in the diamond industry for over a century.
3. Koos Bekker
Koos Bekker's net worth is estimated to be $3.1 billion (R60.04 billion). He made his fortune through his media company, Naspers, which owns a significant stake in Tencent, the Chinese tech giant.
4. Patrice Motsepe
With a net worth of $2.7 billion (R52.29 billion), Patrice Motsepe is one of the richest individuals in South Africa. He made his fortune through his mining company, African Rainbow Minerals.
5. Michiel Le Roux
Michiel Le Roux's net worth is estimated to be $2.7 billion (R52.29 billion). He is the founder of Capitec Bank, one of the largest banks in South Africa.
6. Jannie Mouton
Jannie Mouton's net worth is estimated to be $1.4 billion (R27.11 billion). He founded PSG Group, a financial services company.
7. Christo Wiese
Christo Wiese's net worth is estimated to be $1.4 billion (R27.11 billion). He is the founder of Shoprite, one of the largest retailers in Africa.
From luxury goods to mining and retail, these seven indviduals have shaped the South African economy.
Rand values are based on exchange rate as of April 7, 2025.
HOW TO LISTEN TO EAST COAST RADIO
1. Listen to East Coast Radio on the FM (frequency modulation) spectrum between 94 and 95 FM on your radio.
2. Listen live to ECR by clicking here or download the ECR App (iOS/Android).
3. Listen to East Coast Radio on the DStv audio bouquet, channel 836.
4. Switch to the audio bouquet on your Openview decoder and browse to channel 606.
5. Listen to us on Amazon Alexa.
Follow us on social media:
Image courtesy of iStock
Have a similar story or something unique to share? Email us at [email protected], we would love to hear from you!