South Africa has 5 billionaires on the Forbes' richest list of 2017

South Africa has 5 billionaires on the Forbes' richest list of 2017

South Africa has the only billionaire's in Africa on the Forbes list of the richest men in the world. The list ranks the richest men in the world according to their wealth in US dollars, which means that if they are on the list they are worth tens of billions of Rands.

Briefly.co.za ran through the list and found that SA's richest men are:

Nicky Oppenheimer

The richest man in Africa is listed as number 213 on the list and his net worth amounts to $7.6-billion (R93-billion), which increased by $7-million (R86-million) this year. His fortune is built on the diamond industry. South Africa is world famous for its high-quality diamonds.

South Africa has 5 billionaires on the Forbes' richest list of 2017

Nicky Oppenheimer, billionaire diamond merchant. Photo source: Forbes

Johann Rupert

Clocking in at an impressive #242 on the list Johan Rupert is worth $7.1-billion (R87-billion), he amassed his wealth through trading in luxury goods, his fortune increased by $25-million (R307-million) this year which is quite a considerable amount considering South Africa's current economic challenges.

READ ALSO: Breaking the myths: Polygamist Musa Mseleku and his wives open up about their popular TV show

South Africa has 5 billionaires on the Forbes' richest list of 2017

Johann Rupert made his fortune trading in luxury goods. Photo source: Businesslive

Koos Bekker

Koos Bekker appears a bit further down on the list, coming in at number 890 with $2.7-billion (R33-billion), his fortunes took a bit of a knock this year, losing $11-million (R135-million). He made his money in various forms of media and other investments.

South Africa has 5 billionaires on the Forbes' richest list of 2017

Koos Bekker is a media mogul and shrewd investor. Photo source: Businesslive

Patrice Motsepe

Patrice Motsepe, brother to Cyril Ramaphosa's wife, Tshepo Motsepe. He is the only black African on the list having made his money in mining. He ranks #1033 with a net worth of $2.3-billion (R28-million) and he saw his fortune rise by $16-million (R197-million) this year.

READ ALSO: Dreams money can buy: See South African rappers who are flying private

South Africa has 5 billionaires on the Forbes' richest list of 2017

Patrice Motsepe is a wealthy mining magnate. Photo source: sabreakingnews.co.za

Alan Gray

The last of our super-rich South Africans, Alan Gray is worth $1.9-billion (R23-billion) and has not lost nor gained a cent this year. Which is still impressive considering he is the owner of an investment company and the Rand was exceptionally volatile this year. Alan Gray's concerns over the actions of KPMG's involvement with the Guptas led to the auditing company's board being swapped out.

South Africa has 5 billionaires on the Forbes' richest list of 2017

Alan Gray is the founder and owner of the influential investment company he named after himself. Photo source: HBS Alumni - Harvard Business School

Do you have a story to share with us? Inbox us on our Facebook page and we could feature your story.

To stay up to date with the latest news, download our news app on Google Play or iTunes today.

Source: Buzz.briefly.co.za

Related news
Liar, Liar: Train hero turns out to be a fraud

Liar, Liar: Train hero turns out to be a fraud

Liar, Liar: Train hero turns out to be a fraud
Briefly.co.za