Sunday, 4 September 2011

South African Billionaire

Patrice Tlhopane Motsepe (born 28 January 1962 in Johannesburg is a South African mining magnate. His company, African Rainbow Minerals, has interests in gold, ferrous metals, base metals, and platinum.
He is married to Dr. Precious Makgosi Moloi and they have three sons.
Patrice Motsepe won South Africa's Best Entrepreneur Award in 2002.[1] In 2004 he was voted 39th in the Top 100 Great South Africans. This accolade was, however granted by the government funded state broadcaster. In 2008 he was 503-rd richest person in the world, by the Forbes World Billionaires List. In that same issue of Forbes magazine, it was noted that the source of his wealth was not through any entrepreneurial zeal but through his association with the ruling political party the African National Congress (ANC).

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