7. Motsepe Patrice
Net Worth: $2.1 Billion
Industry: Mining Patrice
Patrice Motsepe highlights what is still a problem on the African continent; systemic racism.
Motsepe still remains the only black billionaire in South Africa, a nation made up predominantly of black people but sees the majority of its wealth lay in the hands of whites.
Patrice is the founder and executive chairman of African Rainbow Minerals, which has interests in ferrous metals, base metals, gold and platinum.
Through his company, African Rainbow Minerals, Motsepe has become a self-made mining magnate, with interests in many different minerals helping to build his wealth, which has expanded into financial service companies and an ownership in a football club.
Concerned by the gross inequity within the South African economy, Motsepe joined Bill Gates and Warren Buffett in The Giving Pledge by agreeing to give away half his wealth to charitable causes.
He is married to Precious Moloi Motsepe, the head of the Motsepe Family Foundation and executive chairperson of African Fashion International, a body dedicated to promoting African and South African