South African mining magnate Patrice Motsepe has reached another rare milestone, joining the worlds top 1,000 richest individuals as his net worth climbed above 4 billion, according to Forbes estimates. The gain places Motsepe at No. 993 globally and makes him the fourth South African to ever cross the 4 billion wealth mark.
Motsepe enters elite 4 billion club
Motsepes fortune is now estimated at 4.1 billion , a level reached just weeks after media investor Koos Bekker briefly crossed the same threshold. Bekkers net worth has since eased to about 3.8 billion, leaving Motsepe as the third South African currently worth more than 4 billion, behind luxury goods billionaire Johann Rupert and mining heir Nicky Oppenheimer.