Patrice Motsepe


Patrice Motsepe was born in Soweto, Gauteng, South Africa on January 28th, 1962 and is the Entrepreneur. At the age of 62, Patrice Motsepe biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.

Date of Birth
January 28, 1962
South Africa
Place of Birth
Soweto, Gauteng, South Africa
62 years old
Zodiac Sign
$2.7 Billion
Businessperson, Entrepreneur
Patrice Motsepe Height, Weight, Eye Color and Hair Color

At 62 years old, Patrice Motsepe physical status not available right now. We will update Patrice Motsepe's height, weight, eye color, hair color, build, and measurements.

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Hair Color
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Eye Color
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Patrice Motsepe Religion, Education, and Hobbies
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University of Swaziland, University of the Witwatersrand
Patrice Motsepe Spouse(s), Children, Affair, Parents, and Family
Precious Moloi ​(m. 1989)​
Dating / Affair
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Tshepo Motsepe (sister), Bridgette Radebe (sister), Cyril Ramaphosa (brother-in-law), Jeff Radebe (brother-in-law)
Patrice Motsepe Career


In 1994, he became the country's first black president in the law firm Bowman Gilfillan, the same year that Nelson Mandela was elected as the country's first black president. While the new government was promoting black empowerment and entrepreneurship, Motsepe created Future Mining, which provided contract mining services that included the removal of gold dust from inside mine shafts for the Valiant Reefs Gold mine's gold mine; and introduced a compensation scheme that combined a low base salary with a profit-sharing bonus.

He purchased marginal gold mines from AngloGold under favourable financing terms in 1997, when gold prices were at a low. AngloGold sold six gold mine shafts to Motsepe for $7.7 million, allowing him to pay the debt out of the company's future earnings.

In a string of contracts, Motsepe established a company that would start purchasing the operating mines that would be the source of his income, which was repeated. He joined Greene and Partners Investments in 1999, along with two of his associates.

The Black Economic Empowerment (BEE) laws, which were introduced after the 1994 general election, have played a vital role in cementing Motsepe's position in South Africa's mining industry. To qualify for a mining license, a company must have a minimum of 26% black ownership.

Motsepe has been a non-executive director of Absa Group and Sanlam since 2004.

African Rainbow Minerals joined Harmony Gold Mining Ltd in 2002, when it was first listed on the JSE Security Exchange, and the firm's name was changed to ARMgold. Motsepe is also the co-founder of African Rainbow Minerals Platinum (Protetary) Limited and ARM Consortium Limited, which later split ownership with Anglo American Platinum Corp Ltd. Motsepe is also chairman of Ubuntu-Botho Investments, Non-Executive chairman of Harmony Gold Mining Co Ltd., and deputy Chairman of Sanlam Ltd. Motsepe is the president of South Africa's Chamber of Commerce and Industry.

Motsepe founded Ubuntu-Botho Investments (UBI) in 2003 (and in 2019 he owned 55% of it). UBI and insurance and financial services company Sanlam formed a BEE agreement in 2004. When the debt was paid and UBI acquired 13.5% of Sanlam, but UBI has a 18.1% voting stake in Sanlam as its BEE partner. African Rainbow Capital (ARC), UBI's wholly owned subsidiary, was launched by the bank in September. Johan van Zyl, Sanlam's former chief executive, is AR's joint chief executive. ARC has interests in more than 40 companies, including TymeBank, industrial group Afrimat, BKB, telecommunications firm Rain, luxury real estate Value, and a minority interest in Alexander Forbes, the pension fund administrator.

Motsepe is the owner of Mamelodi Sundowns F.C. A Premier soccer league club. Motsepe bought a 47% stake in the Blue Bulls Cooperative in November 2019. Remgro (37%) and Blue Bulls Rugby Union (26%), the other major shareholders, are Remgro (36%) and Blue Bulls Rugby Union (26%).

Motsepe declared in November that he would run for president of the CAF in November 2020. Despite being strongly supported by FIFA, both its mission of reserve and neutrality, and its President Gianni Infantino, who will attempt to seek the votes of Africa for future re-election, Motsepe was elected on March 12th, 2021, after all four other contenders had dropped their candidacy. After becoming the new president of Mamelodi Sundowns, his son Thlopie Motsepe took over as the Mamelodi Sundowns' new chairman.

He was named interim chairman of the Black Business Council in 2011 and is a founding member and former president of one of South Africa's most influential industry advocacy and lobby group Business Unity SA (BUSA).


Samuel Eto'o 'investigated over match-fixing allegations by Cameroon police' with the Barcelona legend accused of 'helping second-division champions Victoria United achieve promotion by manipulating matches', September 28, 2023
Police in Cameroon have reportedly opened an inquiry into allegations that Barcelona legend Samuel Eto'o was complicit in a match-fixing scandal. Since a video of him allegedly speaking to Victoria United president Valentine Nkwain was posted, the 42-year-old, who also played for Inter Milan, Chelsea, and Everton, was charged with helping to schedule matches in Cameroon's second division. According to Camfoot, Eto'o, the president of the Cameroonian Football Federation (Fecafoot), has allegedly promised to boost second division team Victoria United by manipulating matches.

PLATELL'S PEOPLE: Harry Potter's bitter pill - Kate is now the most popular royal in the United States, January 20, 2023
PLATELL'S PEOPLE: Did Prince Harry intended to damage William and Kate with the publication of Spare? If so, he would be delighted to know he has succeeded. Both Prince and Princess of Wales' popularity in the UK has decreased, according to an Ipsos Mori poll this week: William's by eight percentage points, Kate's by seven points. But sweet revenge comes at a costly price. According to the same survey, Harry's popularity has wanted along with Meghan's, and that both of them are now seen negatively by more than half of the country.

World Cup: FIFA plea to avoid Qatar human-rights debate backed by Confederation of African Football, November 11, 2022
The Confederation of African Football has supported FIFA's call to unite and set aside political and off-field problems ahead of the World Cup in Qatar. The hosting of the finals since they were announced in 2010, has controversies surrounding the country's treatment of migrant workers and the criminalization of same-sex relationships as the two top issues. Last week, Gianni Infantino, FIFA's president, wrote to the 32 participating nations' association leaders, urging them not to'allow football to enter any ideological or political conflict that exists.' Following a similar message from South American confederation CONMEBOL earlier this week, Patrice Motsepe, his CAF counterpart, has responded to the call.