logo
How rich are South Africa's 7 billionaires this week?

How rich are South Africa's 7 billionaires this week?

It's comparatively 'easy' to make money – when you have money to start with. Compound interest is indeed the eighth wonder of the world!
As they say, the rich get richer, while the poor stay, well, poor.
Money makes money – and these seven South African men have made a lot of it over the years.
And by a lot, we mean a LOT !
According to Forbes' real-time tracking of billionaires, Johann Rupert and his family are the richest in South Africa, with a net worth of $13.7 billion.
The Ruperts are followed by diamond magnate Nicky Oppenheimer, who boasts a net worth of $10.4 billion.
They are followed by Koos Bekker, Patrice Motsepe, Michiel Le Roux, Jannie Mouton and Christo Wiese.
South Africa's seven dollar billionaires all made their money in different ways – from luxury goods, diamonds, mining, media, banking and retail.
Last week, Rupert was the big 'loser' as his net worth dropped by $300 million (R5.4 billion).
Oppenheimer, Motsepe, Mouton and Wiese all lost $100 million (R1.8 billion) to their net worths.
Cumulatively, South Africa's seven dollar billionaires are worth $36.7 billion (R663 billion).
Meanwhile, in terms of the overall world list, South Africa-born Elon Musk remains the world's richest person with a reported $409 billion.
Below, the list of the top seven richest South Africans in the world as of 23 June 2025. Rank Name Last week This week Source 183 Johann Rupert & family $14bn $13.7bn Luxury goods 271 Nicky Oppenheimer & family $10.5bn $10.4bn Diamonds 1 049 Koos Bekker $3.6bn $3.6bn Media, investments 1 174 Patrice Motsepe $3.3bn $3.2bn Mining 1 506 Michiel Le Roux $2.5bn $2.5bn Banking 2 056 Jannie Mouton & family $1.8bn $1.7bn Retail 2 149 Christo Wiese $1.7bn $1.6bn Financial services TOTAL $37.4bn $36.7bn
Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1
Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Revamped World of Windows venue unveiled at Nelson Mandela Bay Stadium
Revamped World of Windows venue unveiled at Nelson Mandela Bay Stadium

Mail & Guardian

time18 minutes ago

  • Mail & Guardian

Revamped World of Windows venue unveiled at Nelson Mandela Bay Stadium

Revamped World of Windows venue unveiled at Nelson Mandela Bay Stadium. A new era begins for Nelson Mandela Bay's premier event space as the revamped World of Windows opened its doors to an audience of key stakeholders at an official launch to market on Friday, 13 June 2025. The uncharacteristically balmy winter evening allowed the venue to show itself off to its best advantage as guests mingled inside and enjoyed the late afternoon sun on the promenade overlooking the North End lake. The World of Windows has been thoughtfully renovated to create a comfortable and elegant space suitable for a wide variety of events and activities. Mandela Bay Development Agency Board Chair, Glenda Perumal, praised what she called 'the most beautiful stadium'. Representing the operator of the Nelson Mandela Bay Stadium, she spoke of the MBDA's pride in the unveiling of the new venue, and of the stadium itself. 'Council in 2016 tasked the MBDA with a mandate to lessen the cost of the stadium by developing alternative revenue streams and commercial opportunities. At R2.3 billion invested, it is the biggest and best facility in our metro. We have successfully seen a number of major events hosted at our stadium – 46 within this financial year, including the inaugural Home of Legends Cup, which saw the best football clubs in Africa on our pitch. Bafana Bafana met the Republic of Congo in an African Cup of Nations qualifier, bringing record attendance of almost 40 000 spectators.' She continued: 'Events of this calibre do not simply happen by themselves. They are the result of sustained and deliberate efforts on the part of the stadium management and the Mandela Bay Develop Agency teams.' In attendance at the event were Mayoral Committee Member for Economic Development, Agriculture and Tourism, Bassie Kamana, and Councillor Sinebhongo Kwatsha, Member of the Mayoral Committee for Sports, Recreation, Arts and Culture, as well as tourism, event and hospitality industry leaders. Shaun van Eck, a well-known figure within tourism circles currently representing Discover Nelson Mandela Bay, conveyed his excitement at the unique experience offered by the World of Windows as a venue. He praised the innovative use of space, and the venue's imposing window wall as the special, unique element that would give the stadium a unique competitive advantage. Raaziq Poole, Executive Stadium Manager, expressed his pride and excitement in the launch of the space. 'Everything you see here was completed by local suppliers from Nelson Mandela Bay – from design and manufacturing to installation. This is a proudly local project, rooted in our community and driven by our shared ambition to make the Nelson Mandela Bay Stadium truly our stadium,' he said. The venue now offers 700 square metres of event space. It is designed to be flexible and dynamic – a multi-purpose space to host everything from live entertainment to conferences, exhibitions, product launches and more. 'This particular event space is the tangible outcome of our vision to transform the stadium precinct into the city's next premier tourism product and an entertainment hub. We believe the stadium hub has immense potential to attract mega-events in future.' Poole praised the foresight of the Nelson Mandela Bay Municipality in its vision for the stadium precinct. 'Their decision to entrust the MBDA with the maintenance, development and commercialisation of the Nelson Mandela Bay Stadium was done with the intention that this facility would become self-sustaining and economically impactful.' Perumal summed up proceedings: 'This stadium belongs to all of us as the people of Nelson Mandela Bay. A busy stadium is good for the economy, and in turn, good for all of us. We hope that you choose to do business with this beautiful stadium of ours.'

New report tracks impact of urban renewal in key Bay precincts
New report tracks impact of urban renewal in key Bay precincts

Mail & Guardian

time18 minutes ago

  • Mail & Guardian

New report tracks impact of urban renewal in key Bay precincts

New Report Tracks the Impact of Urban Renewal in Key Bay Precincts. The Mandela Bay Development Agency (MBDA) has published its latest Since its establishment in 2003, the MBDA has led the charge in revitalising parts of Nelson Mandela Bay through focused capital investment and operational programmes. This new report takes a closer look at the economic and social impact of those interventions, both direct and indirect, across three important precincts. Drawing from over a decade of research and economic monitoring, the report combines public perception surveys with data modelling using the Social Accounting Matrix (SAM). This approach helps quantify changes in GDP, employment and household income. It also reflects how communities feel about safety, cleanliness, infrastructure and the Mandela Bay Development Agency's overall contribution.

MBDA supports implementation of cidb Contractor Development Programme
MBDA supports implementation of cidb Contractor Development Programme

Mail & Guardian

time19 minutes ago

  • Mail & Guardian

MBDA supports implementation of cidb Contractor Development Programme

MBDA supports the implementation of CIDB Contractor Development Programme. U nlock your potential and apply now for grade 2-6 contractor pre-training. The Mandela Bay Development Agency supports the Construction Industry Development Board's Contractor Development Programme and encourages relevant stakeholders to participate. In alignment with the cidb B.U.I.L.D Programme Gazette and the National Contractor Development Framework, the cidb has approved a structured programme designed to support contractor development through an assessment of prior learning (APL) and targeted top-up training. The APL initiative is aimed at evaluating contractors' Works Management Competence (WMC) and Business Management Competence (BMC) against the established cidb Competence Standard. This process is intended to identify any competency gaps and facilitate the creation of tailored interventions that will, in time, form part of the registration criteria for contractors. To ensure that contractors receive the necessary support, the cidb has appointed an accredited service provider to deliver training for those assessed as requiring additional development to meet the cidb Competence Standard. The MBDA encourages all relevant stakeholders to engage with this initiative, as it represents a significant step towards enhancing competency and fostering sustainable growth within Nelson Mandela Bay. Download the assessment of prior learning information document . Access the cidb website and pre-training needs assessment (APL) for grades 2 to 6

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store