Following the recent conclusion of the 34th edition of the Africa Cup of Nations (AFCON), the focus has shifted to the next edition. Image from Instagram@caf
Mamelodi Sundowns owner Patrice Motsepe has quickly become Africa’s most celebrated billionaire and football administrator over the years.
Following the recent conclusion of the 34th edition of the Africa Cup of Nations (AFCON), the focus has shifted to the next edition. Image from Instagram@caf
Over the years, Mamelodi Sundowns owner Patrice Motsepe has fast become Africa’s celebrated billionaire and football administrator, thrusting Africa’s football into the limelight as Confederation Africaine de Football (CAF) president.
Back home, he invested millions in his team, Mamelodi Sundowns, an African giant with several continental silverware in its cabinet.
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Despite his success as a club owner and administrator, the world has often wondered how much the celebrated multi-billionaire is worth.
Over the years, he has excelled as a business mogul with a colourful business portfolio that screams billions. According to Forbes, he is listed amongst the top 10 African billionaires. Some of Patrice Motsepe’s reported businesses include:
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Over the years, he has held several positions, which include:
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According to Forbes, he is one of the wealthiest people in South Africa and the continent at large, with an estimated net worth of $3.2 billion, which amounts to an estimated R64 billion.
Patrice Motsepe’s net worth can undoubtedly allow him to purchase an English Premier League team if he intends to. Despite his net worth, Mostepe has always given back a considerable chunk of his fortune to the less privileged through his foundation.
Over the years, he has also invested in several charities that help the less privileged and community emancipation.