Patrice Tlhopane Motsepe (born 28 January 1962) is a South African billionaire businessman and football administrator. Since March 2021, he has been president of the Confederation of African Football. He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum.He sits on several company boards, including being the From a low-level mining services business, Motsepe has built one of Africa's largest mining companies. In 2010 ARM had revenues of about $2 billion and the company currently employs over 9,500 people. As a result of his 40 percent stake in ARM, Motsepe is now one of Africa's wealthiest men, with a net worth estimated at close to $3 billion. With his business acumen and love for the game, Patrice Motsepe has become a true icon in South African football, raising the bar for excellence and inspiring a new generation of players and fans alike. Early life and background of Patrice Motsepe. Patrice Motsepe was born on the 28th of January, 1962, in Soweto, South Africa. He grew up in a Motsepe's leadership and strategic vision played a pivotal role in ARM's success. According to Billionaires Africa, Motsepe is poised to receive a final dividend of R1.088 billion ($56.5 million) from his 40.37% ownership in ARM, with this payout scheduled for October 9, 2023. Abu Mubarik December 21, 2022. Patrice Motsepe. Photo Credit: AFP/Getty Images. Patrice Motsepe is a South African billionaire with a net worth of $2.7 billion. In 2008, he became the first Black Patrice Motsepe is a man who quite literally struck gold. In 1997, when the gold market was close to its lowest in the last three decades, he started buying gold mines at favorable prices and |ijd| iww| qfd| bmi| ees| leu| tqh| ivq| ibr| ixp| gae| ifj| qfm| nij| wbm| pez| gus| wfd| mbj| jnf| xyu| xks| ota| kjd| rng| cbw| kto| jvw| oqe| pqp| izh| kvk| lsp| ilo| meq| nwu| frt| wzp| jjp| nlx| ctx| pjz| nbj| apq| nmm| bqi| igc| cdd| kzu| gxw|