Cape Town’s Richest: A Look at South Africa’s Billionaires

by
1 min read
South Africa's Billionaires

The Hurun Report has released its annual list of the world’s richest people, and this year’s edition includes five billionaires from South Africa.

Global Billionaire Tally

With 3,112 billionaires worldwide, the current tally is down 8% from last year, with 269 billionaires lost over the past 12 months. As usual, China tops the list with 969 billionaires, followed by the United States with 691, India with 187, and Germany with 144.

South Africa’s Billionaires

South Africa is home to five billionaires who have made the cut. Johann Rupert, South Africa’s richest man, has seen his wealth soar to $11 billion in 2023, which ranks him 187th on the list of the world’s wealthiest people. The second richest man in South Africa, Nicky Oppenheimer, also saw his fortunes rise, jumping from $8.1 billion in 2022 to $8.3 billion in 2023. Koos Bekker, the third richest man in South Africa, has a net worth of $2.7 billion in 2023, while Patrice Motsepe, who is President Cyril Ramaphosa’s brother-in-law, is reported to have a fortune of $2 billion. Finally, Capitec founder Michiel le Roux rounds off the list of South African billionaires with a reported net worth of $1.3 billion.

Wealth and Happiness

While it is always interesting to see which billionaires have made a list, it is important to remember that wealth does not necessarily equate to happiness or fulfillment. However, these individuals’ success stories can serve as inspiration to those who are striving to achieve their own goals.

Cape Town’s Business Hub

As a leading business hub, Cape Town is home to many successful entrepreneurs and businesspeople. With its stunning natural beauty and vibrant culture, it is no surprise that South Africa’s billionaires have chosen to make this city their home.

View all

Leave a Reply

Your email address will not be published.

Cape Town
Previous Story

Cape Town Named Best Value Destination for British Tourists

AKA's murder
Next Story

Three Men Arrested in Connection with AKA’s Murder

Latest from Blog

firefighters community outreach

Spreading Holiday Cheer: Firefighters Bring Joy to Children

In December 2024, firefighters brightened the holidays for children in care facilities by delivering wrapped gifts with big smiles. Partnering with Pick n Pay, they spread joy and gratitude after receiving support during a tough summer of wildfires. Each visit was a heartwarming reminder of kindness, as firefighters became symbols of generosity, teaching kids about empathy and community spirit. This joyful initiative shows how simple acts of giving can light up lives and strengthen bonds in the community.

justice gender-based violence

A Persistent Nightmare in Embalenhle: Justice Served

In Embalenhle, South Africa, a dark nightmare unfolded as Themba Prince Shongwe committed terrible crimes, including rapes and murders, from 2016 to 2018. The community lived in fear as he targeted innocent girls, causing heartbreak and loss. Finally, justice was served when he was found guilty and sentenced to nine life terms in prison, bringing relief to the grieving families and a sense of safety back to the community. This victory shines a light on the importance of standing against violence and working together to protect the vulnerable.

street lighting community safety

Illuminating Cape Town: Lighting Up Safety and Community

Cape Town’s streetlight program shines brightly as it manages over 245,000 lights, making the city safer and more inviting, especially during the festive season. The community plays a vital role by reporting issues and staying alert, working together to protect these lights from theft and vandalism. With a focus on sustainability, the city is switching to energyefficient LEDs, reducing its environmental impact while keeping streets welllit. This initiative not only lights up the city but also brings people together, creating a warm and safe atmosphere that showcases Cape Town’s beauty at night.

housing development community empowerment

A Beacon of Hope: Gugulethu’s New Housing Project

The Gugulethu Infill Housing Project is bringing joy and hope to the community of Gugulethu, South Africa, by building 52 new homes for deserving families. This celebration marks a fresh start for many, especially the elderly and middleaged residents who finally have a safe place to call home. As they move in, they not only gain shelter but also a sense of belonging and stability. This project symbolizes the community’s strength and resilience, showing that together, they can overcome challenges and build a brighter future. The new homes are more than just buildings; they represent dreams coming true and a promise of better days ahead.

colonel celeste van der klashorst gender-based violence

Championing Justice: The Journey of Colonel Celeste van der Klashorst

Colonel Celeste van der Klashorst is a fearless leader in South Africa’s fight against violence and crime, especially those targeting women and children. With over thirty years of service, she created Child Protection Units and now leads the National SECI Unit, tackling serious issues like serial rape and child pornography. Her team’s recent success in a major operation has led to arrests and rescued children, showing the powerful impact of her work. Colonel van der Klashorst inspires others with her passion for justice, making her a shining example of hope and resilience in the battle for a safer society.