It's all about the money: The 10 richest Africans

It's all about the money: The 10 richest Africans

The richest Africans as of the year 2012 show that half of the richest Africans in South Africa have links to Exxaro and Optimum Coal.

No.1 Patrice Motsepe

Patrice Motsepe is the richest mining magnate, he is also the proud owner of the Mamelodi Sundowns. He has R20-billion invested in companies on the JSE-listed companies.

No. 2 Cyril Ramaphosa

In 2012 Cyril Ramaphosa wealth sat at R3-billion and as a non-executive director of Lonmin platinum mine, he is sitting pretty at number two.

No. 3 Sipho Nkosi

In 2012 Sipho Nkosi had a R2-billion dare in Sanlam and Exxaro.

No. 4 Zwelibanzi Mntambo

Zwelibanzi Mntambo trails slightly behind Nkosi with a net worth of R1.1-billion.

No. 5 Michael Teke

The CEO of Optimum Coal, Michael Teke, has a net worth of R723-million.

No. 6 Saki Macozoma

An executive of Exxar has a net worth of R634-million.

No. 7 Nkululeko Sowazi

Nkululeko Sowazi another Exxar executive trails with R624-million.

No. 8 Rain Zihlangu

Yet another Exxaro colleague is worth R558-million.

No. 9 Mlungisi Kwini

Mlungisi Kwini also of Exxaro has a net worth of R513-million.

No. 10 Eliphus Monkoe

Eliphus Monkoe was a former Optimum Coal executive and has a net worth of R505-million.

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