South African Billionaire Patrice Motsepe's Net Worth Falls By 200 Million Over 17 Days

Motsepes net worth slipped from 3.5 billion to 3.3 billion amid a decline in African Rainbow Minerals market value.

African Rainbow Minerals reported sharply lower earnings due to falling prices for iron ore and platinum group metals.

Motsepes indirect 40 stake in Tyme Group gained value after the digital bank raised 250 million in late 2024.

South African billionaire Patrice Motsepe , who has served as president of the Confederation of African Football CAF since March 2021, has seen his wealth fall by 200 million in just over two weeks. The drop reflects ongoing pressure on his flagship mining company, African Rainbow Minerals ARM, where he holds a controlling stake.

According to real-time data from Forbes, Motsepe Southern Africas richest Black individual and the first Black African billionaire to appear on Forbes global list has watched his net worth slip from 3.5 billion on July 18 to 3.3 billion at the time of drafting this report. The 200 million decline is tied to a dip in the market value of his 45.9 percent interest in ARM.

Even with this recent setback, Motsepe remains among the African billionaires whose fortunes have grown overall in 2025. Year-to-date, his wealth is still up by 300 million, thanks to earlier gains in ARMs share price and the rising value of other holdings.

ARM, which holds interests in iron ore, manganese, platinum group metals PGMs, coal, and base metals, posted a 49 percent drop in headline earnings to R1.52 billion 83 million for the first half of 2025. Lower prices for iron ore and PGMs have been a major drag on profits. While ARM stock had climbed earlier in the year, its share price has slipped nearly 8 percent in the past 11 days, pushing the companys market cap below 2.3 billion on the JSE.

Adding to the pressure, ARM is now facing environmental challenges, including a lawsuit filed by WWF South Africa over its 160 million Elandsfontein phosphate project near Langebaan Lagoon. To maintain financial flexibility, ARM recently hedged 18 million shares in Harmony Gold raising cash while keeping some exposure to the gold markets potential upside.