Top 10 Richest Men in South Africa 2022 Latest!

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richest men in south africa

We bring to you the latest list of the top 10 Richest Men in South Africa including their net worth.

South Africa is country in the Southern part of Africa with over 60 million people and rightly ranked as the 23rd most populous Country in the world.

Among these South African citizens, there are quite some remarkable and successful people which would be detailed as you read on; varying on the richest people in South Africa.

South Africans love to invest in profitable businesses which has made a good number of them financially buoyant.

In Forbes released list of the 18 richest men in Africa, five of South Africans made it through.

You need to know that this information about the richest men in South Africa were deeply researched on and are gathered from premium sources like Forbes and other reliable sources.

Before we go straight to this list, let’s quickly check out who the richest man in South Africa is.

Who is the Richest Man in South Africa?

Without wasting time at all, Johann Rupert is the richest man in South Africa with an estimated net worth of $11 Billion.

See also: The Richest States in USA.

The Top 10 Richest Men in South Africa 2022 With Their Net Worth

  • Johann Rupert – ($11 Billion)
  • Nicky Oppenheimer – ($8.7 Billion)
  • Patrice Motsepe – ($3.1 Billion)
  • Koos Bekker – ($2.8 Billion)
  • Mitchiel Le Roux – ($1.5 Billion)
  • Stephen Saad – ($1.09 Billion)
  • Desmond Saco – ($1.01 Billion)
  • Christoffel Wiese – ($1 Billion)
  • Jannie Mouton – ($900 Million)
  • Laurtiz Dippenaar – ($730 Million)

The detailed list of the top 10 richest men in South Africa follows in descending order.

10. Laurtiz Dippenaar – $730 Million

 Laurtiz Dipp, one of the richest men in south africa

The last on this list of the top 10 richest men in South Africa is Laurtiz Dippenaar. He has a net worth of $730 Million.

He is an investor, a businessman and philanthropist in South Africa. On his philanthropic part, he runs a popular scholarship programme known as Dippenaar Scholarship.

Laurtiz “Laurie” Dippenaar was born on October 25, 1948 in South Africa.

He was the executive chairman of FirstRand Financial Group which he founded in 1977.

Laurtiz Dippenaar graduated as a Master of Commerce from the Pretoria University, South Africa.

  • Date of Birth: October 25, 1948.
  • Place of birth: South Africa.
  • Parents: Unknown.
  • Net Worth: $730 Million.

9. Jannie Mouton – $900 Million

richest men in south Africa

Jannie Mouton is also a successful entrepreneur and has made it to the list of the richest men in South Africa.

His net worth has been estimated to be about $900 Million.

Jannie Mouton was fired from his work many years back and then founded the PSG Group which he sits as its Chairman.

The PSG Group deals with investments and other financial services as it is a popular investment Holding Firm in South Africa.

Jannie Mouton was born in 1946 at Carnarvon, South Africa and he graduated from Stellenbosch University, South Africa.

  • Date of Birth: 1946.
  • Place of birth: Carnarvon, South Africa
  • Parents: Unknown.
  • Net Worth: $900 Million.

8. Christoffel Wiese – $1 Billion

christoffel

The 8th richest man in South Africa is Christoffel Wiese who has a net worth of $1 Billion.

He is the chairman of SHOPRITE Holdings Limited, a popular retail company where he owns about 17% shares. Christoffel Wiese also owns shares at Pepkor and he is probably the one to take over the organization when Pepkor retires.

Christoffel Wiese main source of wealth is consumer retail and he was born on September 10, 1941 in Upington, South Africa.

  • Date of Birth: September 10, 1941.
  • Place of birth: Upington, South Africa.
  • Parents: Unknown.
  • Net Worth: $1 Billion.

7. Desmond Sacco – $1.01 Billion

desmond sacco

Among the richest people in South Africa, Desmond Sacco takes on the 7th position.

Desmond Sacco is the chairman of Assore Group, a large South African mining firm.

Assore group was originally founded by Desmond Sacco’s father and he joined the firm in 1968. The mining firm most mine iron ore and manganese.

Desmond Sacco was born on September 22, 1940.

  • Date of Birth: September 22, 1940.
  • Place of birth: Johannesburg, South Africa.
  • Parent(s): Guido.
  • Net Worth: $1.01 Billion.

6. Stephen Saad – $1.09 Billion

stephen

Stephen Saad is one of the richest men in South Africa.

He is a business man and the founder of Aspen Pharmacare, which is the largest generic medicines producer in Africa.

Stephen Saad was born on June 23, 1964 in Durban, South Africa.

He attended Durban High school in South Africa and graduated as a Bachelor of Commerce from University of Natal, currently called University of kwaZulu-Natal, South Africa.

  • Date of Birth: June 23, 1964.
  • Place of birth: Durban, South Africa.
  • Parents: Unknown.
  • Net Worth: $1.09 Billion.

5. Mitchiel Le Roux – $1.5 Billion

mitchiel

Mitchiel Le Roux is also among the top 10 richest men in South Africa as his net worth ranges to $1.5 Billion.

He was born on May 20, 1949 in South Africa.

Mitchiel Le Roux is the founder of Capitec Bank Holdings Limited and was the CEO until 2004 but currently, he sits as its chairman. Capitec Bank Holdings Limited is a type of bank which operates as a retail bank.

Mitchiel initially studied Law in Stellenbosch but didn’t practice it because he lost interest and eventually started a bank.

  • Date of Birth: May 20, 1948.
  • Place of birth: South Africa.
  • Parents: Unknown.
  • Net Worth: $1.5 Billion.

4. Koos Bekker – $2.8 Billion

koos

Koos Bekker is one of the richest men in South Africa and he has an estimated net worth of $2.8 Billion.

Jacobus “Koos” Bekker is a billionaire businessman in South Africa. He was born on December 14, 1952 in Potchefstroom, South Africa.

Koos Bekker is the chairman of Naspers media group, a company which operates in about 130 countries.

Koos Bekker is the 4th richest man in South Africa and the 10th richest man in Africa.

  • Date of Birth: December 14, 1952.
  • Place of birth: Potchefstroom, South Africa.
  • Parents: Unknown.
  • Net Worth: $2.8 Billion.

3. Patrice Motsepe – $3.1 Billion

richest men in South Africa

Patrice Motsepe fully named Patrice Tihopane Motsepe is the 3rd richest man in South Africa.

He was born on January 28, 1962 in Garankuwa, South Africa. Patrice is a business man and as at 2022 he is still the president of the Confederation of African Football which he attained since 2012.

He is the executive chairman and founder of African Rainbow Minerals, a company that deals with gold, platinum, ferrous metals and base metals.

Patrice Motsepe has deep interest in gold mining as he is even the non-executive chairman of Harmony Gold, the 12 largest gold mining company in the world.

No wonder he is in the list of the richest men in South Africa, Patrice engages in a lot of businesses. In fact, he owns 30% shares in a football club called Ahl Ahly.

His net worth is around $3.1 Billion and he is the 9th richest man in Africa.

  • Date of Birth: January 28, 1962.
  • Place of birth: Garankuwa, South Africa.
  • Parents: Augustine and Key Motsepe.
  • Net Worth: $3.1 Billion.

3. Nicky Oppenheimer – $8.7 Billion

richest men in south africa

The very third on this list of the top 10 richest men in South Africa is Nicky Oppenheimer with an outstanding net worth of $8.7 Billion.

Nicky Oppenheimer also called Nicholas Oppenheimer is a billionaire business man in South Africa. He is the 3rd richest man in Africa.

Nicholas was born on 8 June, 1945 in South Africa.

He is the grandson of Ernest Oppenheimer who was said to be the founder of Anglo American.

Nicky Oppenheimer’s business crosses Diamond trading and was the chairman of De Beers Diamond Mining Company till the family company was sold to Anglo American.

The stake he sold in the family company was 40% which amounted to $5.1 Billion. Today, he is the richest man in South Africa.

  • Date of Birth: 8 June, 1945.
  • Place of birth: Johannesburg, South Africa.
  • Parents: Harry and Bridget Oppenheimer.
  • Net Worth: $8.7 Billion.

1. Johann Rupert – $11 Billion

Johann one of the richest men in south africa

Johann Rupert is the richest man in South Africa 2022 and his estimated net worth is $11 Billion.

He is among the richest men in Africa, as he takes on the second position.

He is a South African business tycoon and was born on June 1, 1950 in Stellenbosch, South Africa.

Johann Rupert is the chairman of Remgro, a company in South Africa. He is also the chairman of Compagnie Financiere Richemont, a luxury-goods company in Switzerland.

Johann R. attended University of Stellenbosch where he studied economics and company law.

  • Date of Birth: 1 June, 1950.
  • Place of birth: Stellenbosch, South Africa.
  • Parents: Anton and Huberte Rupert.
  • Net Worth: $11 Billion.

Check out: The list of richest States in India

Take Away (Top 10 Richest men in South Africa 2022)

There above, you have our list of the top 10 richest men in South Africa.

Here is the take away; you must have known about Christoffel Weise in the list above.

Would you believe he was the 3rd richest man in South Africa and the 5th richest in Africa? Yes, he was and in fact had a net worth of $6.8 Billion. But he lost a lot of money as the Steinhoff share price went in to a free fall in 2018.

Upon the unfortunate occurrence, he dropped from a Billionaire to a Millionaire in less than a year.

But it is good to see Christoffel Weise rising back to his billionaire status in this current year as his net worth is already around $1 Billion.

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