Patrice Motsepe’s net worth over time
Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.
See the numbers as a table
| Date | Estimate | Source |
| 2019 | $2.4 billion | Forbes World's Billionaires List 2019 |
| 2020 | $1.4 billion | Forbes World's Billionaires List 2020 |
| 2021 | $2.9 billion | Forbes World's Billionaires List 2021 |
| 2022 | $3.3 billion | Forbes World's Billionaires List 2022 |
| 2023 | $2.7 billion | Forbes World's Billionaires List 2023 |
| 2024 | $2.7 billion | Forbes World's Billionaires List 2024 |
| 2025 | $3 billion | Forbes World's Billionaires List 2025 |
| 2026 | $4.3 billion | Forbes World's Billionaires List 2026 |
| Oct 2026 | $3.4 billion | Forbes Real-Time Billionaires · Forbes real-time estimate |
Where the money comes from
These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.
Patrice Motsepe’s fortune in real-life terms
Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).
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Patrice Motsepe has an estimated net worth of $3.4 billion, according to Forbes Real-Time Billionaires, Patrice Motsepe profile (figures as of October 20, 2026). That is up from $2.4 billion in 2019.
Patrice Motsepe is a South African businessman best known for building African Rainbow Minerals and later expanding into finance and sport. He founded the mining company and serves as its chairman. Forbes places him in metals and mining, and calls him self-made. He also has a stake in Sanlam, a listed financial services firm, and owns Mamelodi Sundowns Football Club. Since 2021, he has also served as president of the Confederation of African Football.
His rise started in 1994, when he became the first black partner at Bowman Gilfillan in Johannesburg. After that, he started a mining services contracting business. In 1997, he bought low-producing gold mine shafts and later made them profitable. Forbes says he became a billionaire in 2008, the first black African on its list. In 2016, he added African Rainbow Capital, a private equity firm focused on investments across Africa.
How Patrice Motsepe built his wealth
Most of Motsepe's fortune comes from mining. He founded African Rainbow Minerals, a major South African mining company with interests in gold, ferrous metals, base metals, and platinum. His early breakthrough came after he moved from law into business. In 1997, he bought low-producing gold mine shafts and turned them around. Forbes also notes that South Africa's Black Economic Empowerment rules helped create openings, since mining license holders needed at least 26% black ownership.
Over time, his business interests widened beyond mining. He has a stake in Sanlam and serves as the firm's deputy chairman. In 2003, he acquired Mamelodi Sundowns, adding sport to his portfolio. In 2016, he launched African Rainbow Capital to back businesses in Africa. Wikipedia says that platform has holdings in more than 40 companies. Forbes also notes that he is president and owner of Mamelodi Sundowns and took over African football's top governing role in 2021.
Forbes net worth updates
Forbes has shown big swings in Motsepe's fortune over time. It estimated his wealth at $2.4 billion in 2019, then $1.4 billion in 2020. That was followed by a rebound to $2.9 billion in 2021 and $3.3 billion in 2022. The estimate then moved to $2.7 billion in 2023 and stayed at $2.7 billion in 2024. Those changes tracked the value of his mining and investment holdings.
The latest Forbes readings moved higher again. Forbes put him at $3 billion on its 2025 World's Billionaires list and $4.3 billion on the 2026 list. On Forbes' real-time billionaires tracker, he stood at $3.4 billion as of October 20, 2026. Alongside mining, his money interests now include African Rainbow Capital, Sanlam, and Mamelodi Sundowns. In 2013, he also joined the Giving Pledge, promising to give at least half his fortune to charity.
Career and money timeline
- 1994
He became the first black partner at Bowman Gilfillan in Johannesburg.
- 1997
He bought low-producing gold mine shafts and later made them profitable.
- 2003
He acquired Mamelodi Sundowns and expanded into football ownership.
- 2008
Forbes says he became a billionaire, the first black African on its list.
- 2016
He launched African Rainbow Capital, a private equity firm focused on Africa.
- 2021
He was elected president of the Confederation of African Football.
- 2026
He moved into the role of non-executive chairman at African Rainbow Minerals.
Patrice Motsepe net worth FAQ
What is Patrice Motsepe's net worth?
Patrice Motsepe's net worth is an estimated $3.4 billion, according to Forbes Real-Time Billionaires, Patrice Motsepe profile (October 20, 2026). It is an estimate, not an official figure.
How did Patrice Motsepe get so rich?
The main sources named in the reporting we cite are: Mining.
Is Patrice Motsepe a billionaire?
Yes. Forbes Real-Time Billionaires estimates Patrice Motsepe is worth $3.4 billion.
How has Patrice Motsepe's net worth changed?
The earliest published estimate we track is $2.4 billion (2019, Forbes World's Billionaires List 2019). The latest is $3.4 billion (October 20, 2026).
What companies are most tied to Patrice Motsepe's wealth?
Mining is the main source, centered on African Rainbow Minerals. He also has interests in Sanlam and African Rainbow Capital.
Does Patrice Motsepe still work in football?
Yes. Forbes notes that he is president and owner of Mamelodi Sundowns. He has also served as president of the Confederation of African Football since 2021.
Sources
- Forbes Real-Time Billionaires, Patrice Motsepe profile (October 20, 2026)
- Forbes World's Billionaires List 2019, Patrice Motsepe profile (March 5, 2019)
- Forbes World's Billionaires List 2020, Patrice Motsepe profile (April 7, 2020)
- Forbes World's Billionaires List 2021, Patrice Motsepe profile (April 6, 2021)
- Forbes World's Billionaires List 2022, Patrice Motsepe profile (April 5, 2022)
- Forbes World's Billionaires List 2023, Patrice Motsepe profile (April 4, 2023)
- Forbes World's Billionaires List 2024, Patrice Motsepe profile (April 2, 2024)
- Forbes World's Billionaires List 2025, Patrice Motsepe profile (April 2025)
- Forbes World's Billionaires List 2026, Patrice Motsepe profile (March 10, 2026)
- U.S. Bureau of Labor Statistics, Usual Weekly Earnings (Q2 2026) (July 2026)
- Federal Reserve, 2025 Survey of Consumer Finances (median family net worth, Table 4) (October 2026)
- Background facts: Wikipedia, Patrice Motsepe (accessed October 20, 2026). Used for career facts only, never for figures.
Photo: Copyright by World Economic Forum swiss-image.ch/Photo by Monika Flueckiger, CC BY-SA 2.0, via Wikimedia Commons.
Every number on this page is an estimate published by the source named next to it. We never fill in years with our own guesses. How we handle estimates.